BUSIENSS SOCIETY AND PLANET: Assessment 1 Report Analysis

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This report provides an in-depth analysis of the sustainability and Corporate Social Responsibility (CSR) reporting of two companies, Origin Energy and AEP Renewables, focusing on their values, approaches, and sustainable development goals. The report examines the companies' customer focus, renewable energy strategies, and the implementation of CSR principles. It compares their sustainability reports, highlighting their commitment to customer satisfaction, renewable energy sources, and emission reduction. The analysis also explores the companies' positions on the stages of purpose and passion, and assesses the alignment of their stated values with their actions. The report concludes with a discussion of the student group's insights and conclusions on the companies' market status and strategies, providing a comprehensive overview of their sustainability efforts.
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Running head: BUSINESS SOCIETY AND PLANET
Business, Society and Planet
Name of the Student
Name of the University
Author Note
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Table of Contents
Answer – 1.................................................................................................................................2
Answer – 2.................................................................................................................................3
Answer – 3.................................................................................................................................4
Answer – 4.................................................................................................................................5
Answer – 5.................................................................................................................................6
Answer – 6.................................................................................................................................7
Reference List............................................................................................................................9
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Answer – 1
The two companies which would be used for this research would be Origin and AEP.
These two companies would be identified for the purpose of the research into the social
reports of each of the companies
Origin is a well-known Australian company which is mainly a stock exchange
publicly listed company centred in the city of Sydney, Australia (Dashwood, 2016). The
company mainly focuses on providing energy to the people of the country of Australia.
Origin is said to be one of Australia’s leading energy providing companies. It has been said
that the company enjoys a good heritage in the exploration of the energy sources as well as
the production, power generation and the retailing of the energies (Dashwood, 2014). In the
present times, it has been said that the company is one of the most popular names in the
supplying energies to the homes of the people in the country (Laszlo et.al, 2017). Thus, it is
clear from the functioning of the company that they play an important in the generation of the
energy in and around Australia. It is said that in the year 2018 Origin Energy among the 17
energy businesses which lent support to the launch of the Energy Charter, which was mostly
aimed at bringing the entire power supply system together so that they would provide better
quality energy to the customers in the country (Charles et.al, 2017).
AEP Renewables is a well-known company under AEP Internationals. The company
is well-known for providing the services to the customers in the field of solar power, battery
storage, power management as well as the automation and water management plants
(Schaper, 2018). The company is known to have partnered with a broad field of international
suppliers of the products and services for the customers of the company (Berkemeyer, 2017).
The company considers its target market areas to be the remote areas where are scarcity if
energy sources for the humans. In addition, it is also the aim of the company to make sure
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that they are able to introduce the latest technological developments for their current and the
future projects which they undertake.
Answer – 2
Both Origin and AEP Renewables have made their own unique sets of issues which
they deal with every day. It is worth noting in this case that both of these companies are
concerned with the production of the energy and able to meet the neds and the demands of
the customers in the business (Schaper, 2017). Analysing the social report of Origin reveals
the company’s use of the renewable energy sources for providing power to the houses of the
customers in the country. In addition to this, the social reports also reveal the information to
the readers that Origin have installed the biggest solar power in the country and have
controlled their solar pawers with the help of batteries (Dashwood,2017). The company also
promises in its statement in the social report that it aims to turn the amount of emission to the
half of what is being emitted in the present times (Laszlo et.al, 2018).
In the similar manner, while analysing the social report of the AEP Renewables, it is
seen that the company is mainly committed to the long-term promise of transparency and is
open to implementing of various forms power sources. In addition to this the company also
takes help from the employees to make sure that the company is able to gain new customers
from the markets (Charles et.al, 2017).
By analysing the reports of both the companies, it can be said that the companies are
aimed at providing better quality energy and power to the customers. The format, tone and
the presentation of the social reports of both the companies can be said to be similar in terms
of the products and the services which they offer to their customers (Laszlo et.al,2017). One
is concerned with energy while the other is concerned with the source of the power, which
can also be considered to be a source of the energy (Barkemeyer, 2017). Hence, it can be said
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that the both the companies produce the energies in a different wat and they also present the
products and the services to the customers. Hence, the social reports of the companies are
considered to be very important for the customers of the company.
Answer – 3
Based on the analysis of the sustainability report and the strategies which these
companies implement, it should be noted that the customer focus is the most important of the
sustainable development goals of these companies. The concept of the sustainable
development, whose main aim is to focus on the customers of the company have been
employed by both the companies as part of their marketing and management strategies
(Dashwood, 2016).
In case of the company AEP Renewables, it can be said that the customer focus has
been placed as the most important goal of the company (Laszlo et.al, 2017). The company
emphasizes on the importance of the energy sources as one of the necessities in the lives of
the customers. In addition to this, the company focuses on the implementation of the
technologies for the supply of the solar and the other forms of energies in the homes of the
customers. In addition to this, the company makes use of the technologies to ensure the
customers get a better experience of the product and the services which they offer to them
(Barkemeyer, 2014). The company also encourages interaction with the customers to make
sure that the customers are satisfied with the products (Schaper, 2017).
Customer focus is also portrayed to be one of the most important sustainable
development goals of the company Origin Energy. The sustainability report of the company
states that the company is dedicated to the task of satisfying their customers with the nest
amounts of energy which they can afford in the marketplace (Charles et.al, 2017). The
company aims to provide energy which would less emissions and increase the generation and
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the saving of the power for future use by the customers of the company. In this regard, it can
be said that the sustainable development of both the companies have been accurately
mentioned in the sustainability and the CSR reports of the company. Both the companies
consider the customer focus to be the most important of all CSR elements.
Answer – 4
Based on the analysis of the sustainable developments of both the companies AEP
Renewables and Origin Energy, it can be said that both of these companies are sitting at the
stages of purpose and passion. These stages can be seen in both of the companies and the
products and the services which they present to the customers (Laszlo et.al, 2018).
Passion can be seen in the ways in which both these companies are carrying out their
businesses in the marketplaces. This is evidenced by the fact that both of these companies
AEP Renewables and Origin Energy, both are aimed at providing the best quality energy
available to the customers in the marketplace (Dashwood,2015). It is because of this passion
that both of these companies are able to look for the sources of energy which are considered
to be renewable and beneficial for the customers in the market. Hence, it can be said that the
passion of the companies are to produce the best qualities of the energy which would be
renewable and lead to less emissions and less pollution in the atmosphere in the market.
However, when the purpose of these companies are analysed, it will be mainly to earn
huge amounts of profits in the marketplace (Schaper, 2017). Both of these companies are
aimed at attracting the most number of customers in the marketplace, which would earn them
large amount of profits in the marketplace. It is because of these reasons that the companies
are engaging in competitions in the marketplace (Charles et.al, 2017). The more number of
customers that these companies can gain, the more amounts of profits they will be able to get
for themselves in the marketplace. Hence, from this, it can be said that both of these
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companies are working at the level of the sustainability level which is based mainly on the
factors of passion and purpose. Passion and Purpose helps the companies to earn the profits in
the marketplace.
Answer – 5
Both of these companies like Origin and AEP Renewables are important companies
which are concerned with providing the best quality of energy to the customers. The
companies have mentioned in their statements that the customer satisfaction is one of the
most important principles of the company (Barkemeyer, 2017). They have implemented a
number of principles to make sure that the customers buy the products and services from
them.
It is worth noting in this case, that the promises and the aims which the companies
mentioned in their respective statement values (Laszlo et.al, 2017). By analysing the
statement values of these companies directly, it can be said that the aims and the objectives
which the company have mentioned can be said to be true (Charles et.al, 2015). The man
reason for this fact is the ways that the companies are implementing various roles and
principles to make sure that the sources of energy which they are gathering is renewable in
nature (Schaper, 2017). In addition to that, the other factor which is necessary which had
helped to establish the fact that the companies reflect their stated values is the gat that AEP
Renewables have installed a large number of solar panels for the purpose of converting the
solar energy of the for the use of the customers in the market (Barkemeyer, 2017). The same
case can be said for Origins Energy which plays an important role in the production of the
renewable energy sources in the marketplace.
It is because of this renewable source of the energy used by the companies in the
marketplace that the statements which are being made by these companies in the marketplace.
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In addition to this, the renewable energy sources which is in demand from the customers in
the marketplace is also another reason why this is considered to be a valid statement of the
company.
Answer – 6
Our student group had discussions about the subject matter of these companies and in
what ways these companies are playing an important role of presenting reliable statement
values for the customers of the company. The group had provided their discussions on the
topics such as the company background as well as the market status of the company (Schaper,
2016).
The group had also discussed about the reasons why the companies are concentrating
on the renewable energies for the satisfactions of the humans (Charles,2017). In addition to
this, the reason why the companies are earning profits in the marketplace are also being
discussed (Laszlo et.al, 2017).
By analysing the discussion of the group, I felt that there were a lot of ways in which
the group and my own conclusions seem to be the same in nature. These includes the
company background and the various ways in which the companies are trying to attract more
customers in the marketplace (Barkemeyer, 2017). I feel that the group agrees with my belief
on the importance of the product in the form of renewable energies. The renewable energy
sources are in huge demand in the marketplace. Thus, I feel that both these companies will
make a lot of profit in the market if they are able to attract the right amount of customers in
the marketplace (Schaper, 2018).
Similarly, there are areas, where I believe the group had differed from my own points
of view on the subject matter. These includes the ways in which the companies are attracting
the customers in the market (Laszlo et.al,2017). This is because I believe both these
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companies should make sue of the social media and other methods to draw the attention of
the customers in the market. The companies should take measures so that the customers
would be persuaded to purchase their products and services from the companies (Ahmedh
et.al, 2014). This is what I believe would help the companies to attract large number of
customers for themselves. Thus is where I feel that the opinion and the values of the group
differs from the opinions and values which I keep about the success of the companies.
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Reference List
Ahmed, S.U., Islam, Z., Mahtab, H. and Hasan, I., 2014. Institutional investment and
corporate social performance: linkage towards sustainable development. Corporate
Social Responsibility and Environmental Management, 21(1), pp.1-13.
Barkemeyer, R., Holt, D., Preuss, L. and Tsang, S., 2014. What happened to the
‘development’in sustainable development? Business guidelines two decades after
Brundtland. Sustainable development, 22(1), pp.15-32.
Charles Jr, O.H., Schmidheiny, S. and Watts, P., 2017. Walking the talk: The business case
for sustainable development. Routledge.
Dashwood, H.S., 2014. Sustainable development and industry self-regulation: developments
in the global mining sector. Business & Society, 53(4), pp.551-582.
Gmelin, H. and Seuring, S., 2014. Determinants of a sustainable new product development.
Journal of Cleaner production, 69, pp.1-9.
Halme, M. and Korpela, M., 2014. Responsible innovation toward sustainable development
in small and medium‐sized enterprises: a resource perspective. Business Strategy and
the Environment, 23(8), pp.547-566.
Laszlo, C. and Cescau, P., 2017. Sustainable value: How the world's leading companies are
doing well by doing good. Routledge.
Schaper, M. ed., 2016. Making ecopreneurs: Developing sustainable entrepreneurship. CRC
Press.
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Weingaertner, C. and Moberg, Å., 2014. Exploring social sustainability: Learning from
perspectives on urban development and companies and products. Sustainable
Development, 22(2), pp.122-133.
Welford, R., 2016. Corporate environmental management 3: Towards sustainable
development. Routledge.
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