University Assignment: Business and Society Analysis of Adani Group

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This report provides an in-depth analysis of the Adani Group's Carmichael coal mine project, examining its business operations, stakeholder relationships, and societal impacts. The report begins with an executive summary, outlining the project's background, purpose, and key issues. It then delves into the research and findings, utilizing secondary data sources to explore the environmental, social, and economic implications of the coal mine. The analysis considers the project's mission, business model, and ethical concerns, particularly focusing on the creation of shared value and the relationships with key stakeholders. The report addresses the controversies surrounding the project, including environmental concerns, indigenous rights, and the potential impact on the Great Barrier Reef. It also highlights the government's role and the various perspectives of different stakeholders. The report concludes with recommendations for creating shared value and improving stakeholder relationships.
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BUSINESS AND SOCIETY
Business and Society of Adani
Name of the Student:
Name of the University
Author’s Note
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BUSINESS AND SOCIETY
EXECUTIVE SUMMARY
Introduction, Background and Purpose
Adani is known for its multinational conglomerate Adani group which is officially recognized
as the approved as the Carmichael Coal Mine and Rail Project, which can be pre- constructed to
the expected to begin in the September quarter (Smyth 2016). The Queensland state government
is now catering to the finalization of the project and is apparently it is fearful to the backlash of
the against the federal labor that can be flow on the effect. The Adani is known as the
Queensland Premier Anna Bligh that announces the Adani is proposed to establish the coal mine
in the Galilee Basin. The coal would supply in the part of the Indian region in a way how Indian
Power Plants and generate the power to generate the millions of people in different working
field.
The production was meant to be commenced in 2014 that was initiated in the initial year that
was estimated to be about 2 million tons per year and that has eventually raised up to 60 million
tons per annum and the production is targeted to reach the goal by the end of 2022 (Lucas 2015).
At the present state of the production that can be starred from the year 2014 and now it is
recorded as one of the most largest coal mine in Australia. One of the eminent person of the coal
mining industry, Mr. Bligh stated that the projects needs to undergo with a major changes in the
environmental assessment and further it can be investigated to any potential limit in terms of
environment, financial, economic and social impact of the project that has been assisted for the
financial year. Later in the same year, it got complicated at the same time (Muir 2015).
Many in the society eventually opposed the mining of the coal. The project was noticed by
eventually backlash from environmental aspect since the groups and the large scale public
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BUSINESS AND SOCIETY
protest and campaigned about the protest that was continuing from the year 2010.it was stated
that if the problem had stated to move ahead much more the adani group will be wreck the
climate, groundwater, trash Indigenous rights, irreversibly damage the Great Barrier Reef and
more hazardous waste. It can be effected by the material from the Australian Conservation
Foundation as per the researchers has stated (Gunningham 2017).
In the year 2015 the federal court sets the approval that the federal government that has been
considered from the advice that is given to the species in that particular area. In one of the area
specified that is the yakka skink and the ornamental snake. After the decision was made by the
court the federal government had granted them a re-approval. There is also the presences of the
other cases that is around the mining area. The area also includes the bids from the prospect of
the environmental groups and Queensland region where the owner has to ultimately stop the
project. Queensland Environment Minister Leeanne Enoch has rushed to make the changes in
step by step procedure from the time of approval (Hathway 2018).
RESEARCH AND FINDINGS
Methods and Findings
The research and findings are done on the basis of the secondary sources of data. This source
can be explained as the data that has been referred on someone else. The common source of data
that is included in the censuses, information, and the data that is collected from the government
department. The information that is collected for in this case is the Adani group where the
mining area is affected and causes problems and issue to the people living in the surrounding.
The data of the Adani is collected from the source of internet. The links that is referred to
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BUSINESS AND SOCIETY
conduct the assignment is “https://www.sbs.com.au/news/what-the-adani-project-means-for-
qld_1”
The websites that has been referred are:
https://www.sbs.com.au/news/what-the-adani-project-means-for-qld_1
bs.com.au/news/the-adani-mine-has-now-got-environmental-approval-so-what-next
https://www.google.com/search?q=SBS+2017%2C+What+the+Adani+project+means+for+Qld
%2C+SBS%2C+viewed+14+May+2019%2C+%3Chttps%3A%2F%2Fwww.sbs.com.au
%2Fnews%2Fwhat-the-adani-project-means-for-
qld_1%3E.&oq=SBS+2017%2C+What+the+Adani+project+means+for+Qld%2C+SBS
%2C+viewed+14+May+2019%2C+%3Chttps%3A%2F%2Fwww.sbs.com.au%2Fnews
%2Fwhat-the-adani-project-means-for-
qld_1%3E.&aqs=chrome..69i57.750j0j7&sourceid=chrome&ie=UTF-8
https://www.sbs.com.au/news/adani-mine-gets-final-nod-from-queensland-government
The above website provides with the information that is all related to the mining industry that
is located in Queensland (Paul 2016). The meaning of the sources can be explained with the
following sources that catered to the journal, published from the various authors. It offered
standard quality of the publishing, magazine article and the book review. The advantage of using
the secondary source of data can be focused more on the topic of research. the researchers does
not have to devote the aspect of money, time and the phase of the research. this source of data is
used for the purpose of collection and with a viewpoint that has a different aspect of the source.
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Reference
Gunningham, N., 2017. Building Norms from the Grassroots Up: Divestment, Expressive
Politics, and Climate Change. Law & Policy, 39(4), pp.372-392.
Hathway, S., 2018. Climate change is not a'business opportunity': We need action now. Green
Left Weekly, (1167), p.3.
Lucas, A.R., 2015. The long-term future of Australian coal is drying up.
Muir, C., 2015. Powering Asia: The battle between energy and food. Griffith Review, (49),
p.287.
Paul, E., 2016. Australian political economy of violence and non-violence. Springer.
Smyth, L., 2016. Adani's Carmichael mine, international law and the definition of consent.
Native Title Newsletter, (Dec 2016), p.6.
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