C5358 Business Continuity: Stingray Sustainability and Risk Project

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Added on  2022/12/27

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Project
AI Summary
This project assesses Stingray, a Melbourne-based technology company, focusing on its sustainability policy and risk management plan. The assignment begins with an analysis of Stingray's current situation, industry codes, and relevant legislation, highlighting the need for a green approach to manufacturing. It proposes a new policy to reduce toxic materials and hazardous chemicals, recommending the use of recycled materials to replace PVC and bromine. The policy includes detailed procedures for implementation, approval, and communication, emphasizing its contribution to environmental sustainability and benefits for various stakeholders. The risk management component identifies potential risks, including competition and global uncertainty, and proposes mitigation strategies. The plan outlines risk controls, desired outcomes, and tools for measuring performance and compliance with environmental legislation. The project concludes with a summary of Stingray's commitment to sustainability as an integral part of its business strategy, reflecting its corporate social responsibility.
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