Sustainability Practices in Business

Sustainable
business
Management
Running Head: Sustainable Business Management
0
Student’s Name
7 / 2 9 / 2 0 1 9

Sustainable Business Management
1
Contents
Introduction......................................................................................................................................2
Overview of the Organization.........................................................................................................2
Sustainability Practices....................................................................................................................3
Sustainability Performance..............................................................................................................4
Conclusion.......................................................................................................................................6
References........................................................................................................................................7

Sustainable Business Management
2
Introduction
A business consists of many stakeholders towards them the business has certain responsibilities.
These stakeholders include suppliers, customers, employees, shareholders, the environment, and
society. Sustainability efforts of a company reduce the adverse impact of its activities on the
environment. Therefore, different organizations are taking different steps to develop a
sustainable business. The organization selected for this report is Rio Tinto, which is an Anglo
Australian multinational company (Gaietta, 2016). In the presented report, an overview of the
company’s products and services will be discussed along with some failures that have been
reported in the past. In addition to this, sustainability efforts and practices of the company will
also be discussed. At last, comments will be made on the sustainability performance of the
organization.
Overview of the Organization
Rio Tinto is a global mining group and is counted as one of the largest mining and Metal
Corporation of the world. Some of the major products of the company are copper, iron core
aluminum, uranium, diamonds, and gold (Reuters, 2019). The company supply mineral and
metals which help the world to grow. The company is the largest producer of the natural colored
diamond. Rio Tinto operates different mines of its products at various places. Copper operation
of the company, supply products to the United States, Japan, and China and the company is
earning revenue from byproducts of copper mining that includes molybdenum, gold, and silver.
A largest integrated portfolio of iron ore assets of the globe is operating in the Pilbara region of
Western Australia and is owned by Rio Tinto (Pash, 2018). In conjunction with these products,
the company is also active in the sector of energy and minerals. Company has high-quality