King's Own Institute ACC706: Corporate Social Responsibility Report

This report provides an overview of Corporate Social Responsibility (CSR), focusing on a public company's operations and responsibilities. It covers the company's products and its commitment to delivering economic and environmental benefits. The report delves into key CSR areas such as climate change, environmental impact, community engagement, indigenous relations, and safety. It explains the Triple Bottom Line theory, emphasizing people, profits, and the planet. The report also examines integrated and financial reporting, including ESG parameters and the importance of internal and external stakeholders. Financial reporting components like the balance sheet, income statement, profit and loss report, and cash flow statements are highlighted. The conclusion emphasizes how improving financial performance aids in risk and opportunity assessment, analysis of financial and non-financial performance, and providing valuable information to stakeholders. The report includes references to relevant academic literature on CSR and stakeholder theory.

Corporate Social Responsibility

• Public company
• Founded on 18 March 1954
• Products- Gas and petroleum exploration, (LPG,
ethane, methane, CSG, LNG, shale gas, condensate).
• Deliver the economic and environmental benefits of
natural gas to homes
Introduction

• Climate change
• Environment
• Community
• Indigenous
• Safety
Corporate Social Responsibilities

• People
• Profits
• Planet
TRIPLE BOTTOM
LINE THEORY3P’s

• Financial and non financial performance
• ESG Parameters (Environment, social and
governance)
• Internal and external stakeholders
• Financial reporting includes the balance sheet,
income statement of company, Profit and loss report,
Cash flow statements.
Integrated and financial Reporting

• Improving financial Performance
• Helps in understanding risks and opportunities
• Helps in analyzing the financial and non financial
performance
• Providing information to stakeholders
• Statement of Objectives and Strategies
Conclusion

 Brown, J., & Forster, W. (2013). CSR and stakeholder theory: A tale
of Adam Smith. Journal of business ethics, 112(2), 301-312.
 McWilliams, A., & Siegel, D. (2001). Corporate social
responsibility: A theory of the firm perspective., 26(1), pp..
Academy of management review, 26(1), 117-127.
 Elkington, J. (2013). Enter the triple bottom line. The triple bottom
line. Rout ledge.
 Wright, P. (2006). Corporate social responsibility: Strategic
implications. , 43(1), pp.1-18. Journal of management studies,
42(1), 1-18.
Reference