Sustainability of the Firms

Running Head: SUSTAINABILITY OF THE FIRMS
Sustainability of the firms
Name of the Student
Name of the University
Author’s Note

1SUSTAINABILITY OF THE FIRMS
Table of Contents
1.1. Introduction...............................................................................................................................2
Choose and give an overview of two corporate sustainability reports?......................................2
2.1. Discussion.................................................................................................................................2
What company does?...................................................................................................................2
Define the criteria on which you will compare your two chosen sustainability reports?............5
Completeness:..........................................................................................................................5
Credibility:...............................................................................................................................7
Critically compare your two chosen sustainability reports?........................................................8
3.1. Recommendations...................................................................................................................20
4.1. Conclusion..............................................................................................................................21
References......................................................................................................................................23

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1.1. Introduction
Tata Steel:
According to the official website (Tatasteel.com, 2019), it was formerly known as the
Tata Iron and Steel Company Limited (TISCO). It is a multinational steel producing company
that operates within many parts of the world. It is a subsidiary of the Tata group. It has a number
of manufacturing unit located within the 26 different countries of the world. The different
country ranges from Australia, China, India, the Netherlands, Singapore, Thailand and, the
United Kingdom. It employs about a total number of 80,500 people. Besides, it is ranked as
486th within the era of the year 2014, as per the Fortune Global 500 ranking of the world's
biggest corporations.
Amazon:
According to the official website of (aboutamazon.com, 2019), It is a multinational
company that has office in several parts of the country. On the other hand the brand Amazon
operates on e-commerce platform which is a trendy business concept in the present era of the
year 2019. It is an American based multinational technology company that is based in Seattle,
Washington that focuses primarily upon the e-commerce, cloud computing, and artificial
intelligence. It was in the era of July 5, 1994 that the brand came into existence, it was founded
by Jeff Bezos. In the beginning of this business it was a bookstore and then it began to transform
into an innovative store. It is one of the largest internet company as compared to revenue within
the world. It is the second largest employer within the region of the United – States.
2.1. Discussion
What company does?
Tata Steel:

3SUSTAINABILITY OF THE FIRMS
Tata Steel is addressed as one of the world's largest steel manufacturing company which
produces approximately 27.5 million tonnes per annum (MnTPA). This figures as on 31 March
2017. Speaking about the business operation of the company it is a diversified steel producer
with major operations carried out within the region of Europe and Asia. The company has
manufacturing units which are located within the 26 countries and a commercial presence in over
50 countries. Besides, it is the second largest steel producer within the region of Europe with a
crude steel production capacity of over 12.1 million tonnes per annum (Tatasteeleurope.com,
2019).
Amazon:
Its services ranges from households products, clothing’s, utilities, utensils, and electrical
appliances, and much more. In the previous era of the year 1994, it was an online book store.
Moreover, its services ranges from such as that of to sell video downloads/streaming, MP3
downloads/streaming, audiobook downloads/streaming, software, video-games, electronics,
apparel, furniture, food, toys, and jewellery. It also owns a separate online book store known as
the APub. This unit was launched in the era of the year 2009. However, the brand publishes its e-
books through means of Amazon Kindle (aboutamazon.com, 2019).

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Define the criteria on which you will compare your two chosen sustainability reports?
Completeness:
Tata Steel- On the proper evaluation of the sustainability report it was observed that the
majority of the information and data was not accurately cited within the indicators of the EC11,
EN10, EN11, EN22, EN 35, HR 2, HR 14, and LA 7. However, there are some proportions of
data, but they fail to depict out information’s in fair nature (tatasteel.com, 2019).
The sustainability report in practical nature is only regarding the Global Reporting Initiatives
Guidelines of 2002, on the preparation of the Corporate Sustainability Report. Speaking about
the security of the company the internal control and management systems are designed and
framed as such on one of the best model, and the quality of ISO is also undertaken based upon
the quality and environment management system. In practical the established data collection,
collation, and interpretation processes provide the basis for credible reporting of performance.
Speaking in terms of the guidance and supervision it is provided by the Directors on the
Board, Dy. Managing Director (Steel) and Dy. Managing Director (Corporate Services) they are
the qualitative body that keeps the entire focus align in track with the formulated business plan.
This authority body is reported and made aware of the ongoing business activities regarding the
sustainability effort, and also how the business is addressing the concerns and expectations of the
stakeholders.
The management has, on the other hand, stated commitment to progressively ensure
uniformity in reporting entity, and period across all indicators in subsequent reports. This is
apparent from the consistent coverage of this report over the previous report, for most of the
indicators. Besides, the concerning brand Tata Steel has made use of and adopted several

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measures to encourage adoption of sustainability principles across its supply chain. These
include mandatory disclosure by suppliers, Supplier Transformation Process, Vendor Bank
Financing, Online Acknowledgement of Tata Code of Conduct, etc. (Guthrie et al., 2016).
Amazon- Amazon claims that they operate to minimize the carbon emissions. They make efforts
for the achievement of their vision, they aim at optimizing the transportation network, improving
product packaging in order to drive efficiency within the distribution of products, implementing
energy efficiency precautions within the operations, and making use of the renewable sources of
energy in order to effectively operate the concerning business unit. They put more of the efforts
by making joint partnership with that of the other industries with regard to partnerships in order
to express support for action on climate change and to accelerate the transition to a low-carbon
economy.
However, Amazon has clearly declared that they support and promote initiatives and
programs that effectively contribute towards the impact of the climatic change within our planet.
It was in the early era of the year 2015, that Amazon expressed their feelings and efforts by
supporting the visionary programme within the region of the Paris, the programme is addressed
as the Paris Climate negotiations. In the early era of the year 2016, we filed an Amicus brief in
concern with that of the Google, Microsoft, and Apple which detailed our support for policies
that support renewable energy (aboutamazon.com, 2019).
As of the year of December 2018, the concerning brand Amazon make use of the solar
energy systems on an about 43 fulfillment facility rooftops worldwide. This solar system has the
potential to generate about 70 megawatts (MW) of power. Amazon has setup an objective with
the vision to host solar energy systems at a minimum of 50 fulfillment network buildings by the