Allegiance Coal Limited: Comparative Analysis of CSR Reporting

This report analyzes the Corporate Social Responsibility (CSR) reporting of Allegiance Coal Limited, focusing on its annual reports from 2013 and 2016, alongside information from the company's website. The analysis highlights the company's initial emphasis on environmental and safety measures in its 2013 report, detailing compliance with environmental regulations and a code of conduct for ethical decision-making. In contrast, the 2016 report provided a less detailed account of environmental safety, although it still assured compliance and societal benefits. The report also contrasts the depth of information available on the company's website, which provides a more comprehensive overview of its CSR initiatives, including a focus on workplace safety and risk management strategies. The conclusion underscores the importance of a consistent and detailed approach to CSR reporting for effective communication and stakeholder engagement.

Financial accounting theory and
practice

Allegiance Coal Limited is listed on ASX: AHQ. The company deals with producing or
productions in metallurgical coal. Management of company is committed to the development
of prolonging working relationships with indigenous people relating to projects in which
company is engaged.
Reporting of CSR in annual report of 2013 and 2016
In the year 2013, CSR reporting was company was specific and concerned towards safety and
environment requirements. Report describes steps taken by the company due to which there
were no lost-time injuries or environmental incidents happened in the field activities which
were related to tenement inspection, drilling and geological investigations. Further all aspects
of the environmental law have complied for its exploration activities as well (Investor
information and annual reports, 2013). The company has also maintained a code of conduct
for the accomplishment of the objective of ethical and responsible decision making. It has
been established for maintaining company’s integrity and accomplishing legal obligations.
On the contrary in the year 2016, the environment safety clause has not been separately
provided in the annual report in government clause, in the manner it has been provided in the
year 2013 (Investor information and annual reports, 2016). However, it contains assurance
regarding compliance of law and steps taken towards benefits of society in brief.
Reporting of CSR on company website
The company has more appropriately presented the way in which it has been complying with
corporate social responsibility at its website in comparison to the annual report. As all the
steps which have been taken are discussed in detail and at one place. It has been specified that
company has continued its focus on health and safety at the workplace. The same has been
done in order to ensure that people attain their outcomes but in a safe manner, through
contributing to operating effectiveness and business sustainability (Project, 2017). Risk
management which is being followed by the company has been explained in detail on its
website. The primary objective which has been attained through risk management policy is to
ensure the potential opportunity and relating harm to the company of that source in an
appropriate manner and make necessary strategies for mitigating the same.

References
Investor information and annual reports. (2016). Investor Information | Allegiance Coal
Limited. Allegiancecoal.com.au. Retrieved 25 August 2017, from
http://www.allegiancecoal.com.au/irm/content/annual-reports.aspx?RID=381
Investor information and annual reports. (2013). Investor Information | Allegiance Coal
Limited. Allegiancecoal.com.au. Retrieved 25 August 2017, from
http://www.allegiancecoal.com.au/irm/content/annual-reports.aspx?RID=381
Project, T. (2017). Projects | Allegiance Coal Limited. Allegiancecoal.com.au. Retrieved 25
August 2017, from http://www.allegiancecoal.com.au/irm/content/tewkla-coal-
project.aspx?RID=374