Toyota Motor Corporation: Environment and Social Impacts on Operations

Running Head: Accounting and Financial Management
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Project Report: Accounting and Financial Management

Accounting and Financial Management
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Executive Summary
The report focuses on the Toyota motor corporation. The various financial and non
financial factors of the company have been studied in the report to evaluate the performance
of the business and the impact of the production system of the company on the environment
and society. It focuses on the annual report and the various newspaper and articles about the
company and its production system to identify that whether the company is following any
policy or the event to manage the lifestyle and surroundings around the area where the
production houses and the office of the company has been established.

Accounting and Financial Management
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Contents
Part A................................................................................................................................4
Introduction...................................................................................................................4
Environment and social impacts on Toyota’s operations.............................................4
Positive impact..........................................................................................................4
Negative impact........................................................................................................5
Four key GRI disclosure...............................................................................................5
Comparison of BMW and Toyota................................................................................7
Benefits to the shareholders due to the GRI compliances............................................7
Conclusion....................................................................................................................8
Part B................................................................................................................................9
Part C..............................................................................................................................11
References.......................................................................................................................14
Appendix.........................................................................................................................15

Accounting and Financial Management
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Part A:
Introduction:
Toyota Motor Corporation is a Japanese company which operates its services and
hold its production houses at various countries. The main operations of the business are to
manufacture and retail the motor vehicles and the commercial vehicles. Company has come
into the market in the year of 1937. Headquarter of the company is in Japan. Toyota motors
have also started operating in the financial industry. Mainly, the area of operations of the
company is Asia, Europe, Japan and American market (Reuters, 2018). Mainly 50 production
houses are held by the company and the customers of the company are in 170 countries.
Toyota motors have been in the second rank in context to produce the highest number
of cars. In the market of Japan, it is the largest company in context with the revenue and
market capitalization. Around 3,64,445 employees are working with the company.
Environment and social impacts on Toyota’s operations:
Each of the company is part of the society and thus it becomes important for them to
identify and evaluate all the related factors of the society and must launch new events and
programs on regular basis to improve the society level and does not harm the environment at
huge level. The production houses and especially the manufacturing of the electric products,
automobiles etc affect the environment at huge level. The main motto of Toyota is to carry
out the activities and operations in such a way that the environment could be affected at lower
level or not affect at all. The company keeps two factors always in mind. One is to take care
about the environment and other is to improve the society level. The company has disclosed
about the environment and the social events in the sustainability report and has disclosed all
the compliance of GRI disclosure in order to improve the environment level in the society.
Positive impact:
Because of the events and the activities of the Toyota motors corporations, following
positive changes have taken place in the environment performance and the society welfare:
 Company has launched various events as well as suitable initiatives have been taken
by the company in order to protect the environment and the forest. The