Governance, Ethics, and Sustainability Report for Tramalways

This report provides an analysis of Tramalways' sustainability practices, examining its performance across economic, environmental, and social dimensions. The economic section highlights financial assistance received from the government, infrastructure investments, and local supplier spending. The environmental section focuses on material usage, including renewable and non-renewable materials, and the percentage of recycled input materials used. It also addresses significant spills and compliance with environmental standards. The social sustainability section covers child labor incidents, employee training on human rights, and incidents of non-compliance in marketing communications. The report concludes that while Tramalways demonstrates strengths in economic and environmental sustainability, there are areas for improvement in social sustainability.

GOVERNANCE
ETHICS AND
SUSTAINABILITY

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
A. ECONOMIC SUSTAINABILITY.............................................................................................3
Disclosure 201-4 Financial assistance received from the government.......................................3
Disclosure 203-1 Infrastructure Investments and services supported.........................................3
Disclosure 204-1 Proportion of spending on local suppliers......................................................4
B. ENVIRONMENTAL SUSTAINABILITY................................................................................4
i) Disclosure 301-1 Materials used by weight or volume...........................................................4
Disclosure 301-2 Recycled input materials used........................................................................5
Disclosure 306 – 3 Significant spills...........................................................................................5
C. SOCIAL SUSTAINABILITY....................................................................................................6
Disclosure 408-1 Operations and suppliers at significant risk for incidents of child labour......6
Disclosure 412-2 Employee training on human rights policies or procedures...........................6
Disclosure 417-3 Incidents of non-compliance concerning marketing communications...........7
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Ethics, Governance and Sustainability report aims to provide you with an
understanding of business in the social context and the impacts this has on management. This
report is based upon the message from CEO to Tramalways. This report highlights the report on
the Economic Sustainability, Environment Sustainability and Social Sustainability report of
Tramalways.
MAIN BODY
A. ECONOMIC SUSTAINABILITY
Disclosure 201-4 Financial assistance received from the government
Disclosure 201-4 discloses total amount of the monitory support which is revived by the
organization from the government to improve the performance of the business, Tramalways has
revived the grant of 15 million Australian dollar in the previous year (Rahman and et.al., 2018).
This grant was granted to the organization for the purpose of continuing the research of the
company on the topic of Biotechnology in the nation. This grant was provided by the Federal
Government of the Australia. This grant which was revived by the Government will be used by
the company with proper planning in the organization, so that the organization is able to find out
the most suitable outcome of the research which has been conducted in the market in context of
Biotechnology and its uses. This money which has been revived as a grant for the organization
will help the organization in achieving the objective and success in the coming years for the
organization.
Disclosure 203-1 Infrastructure Investments and services supported
Looking at the service supported and different infrastructure investment made it has been
identified that Tramalways has completed the project of 10 million dollar in health and welfare
project in Dolan Bay, SA for free of the charge. This project in the nation will be providing the
much needed support to different families in the nation to cop up with the variety of different
type of the social issue which is being faced by the family in the nation. This eventually shows
that Tramalways used to invest a good amount of the resources in the nation to maintain a good
sort of social commitment in the nation. Not only that organization has also invested the resource

to develop the Human infrastructure in the nation. As it has been identified that organization has
started the employee training programs on different human rights in the nation, in which 35
percent of the employee has taken part in the training of human rights principles which used to
bring the equality to variety of the human dignity and respect toward each other in the nation
Disclosure 204-1 Proportion of spending on local suppliers
This economic sustainability standard Disclosure 204-1 used to highlights the different
proportion of the money which is spend by the organization on the supplier, which can be done
in regards of procurement of variety of the raw material in the organization. In the case of
Tramalways it has been identified that organization has joined hand with the new supplier in the
nation, as there previous supplier was using child labour in their organization so they have
replaced the previous supplier with Golden Goods limited, organization generally used spends
the 75 percent of the total procurement budget of the organization. Spending that big percentage
of procurement budget on the individual has helped the organization in maintaining economic
sustainabiliy, reason behind the same is identified that this procurement has helped the company
in decreasing the non-renewable material by 55 tonnes and has increase the portion of renewable
material in the organization by 45 tonnes in total (Shahzad and et.al., , 2020).
B. ENVIRONMENTAL SUSTAINABILITY
i) Disclosure 301-1 Materials used by weight or volume
Under the disclosure 301-1 of the GRI Sustainability Reporting Standards 2016, which
accounts for ‘material used by weight or volume’, the reporting company is required to provide
the following set of information:
 The total weight or the volume of the raw material that is being used by it in order to
produce and package the company’s main products and services during the specific
reporting period (Tiwari and Khan, 2020). The material usage information is required to
be bifurcated into two, that is, non-renewable materials used and the other is renewable
materials utilized.
The Tramalway Industries has made a clear disclosure about all the relevant information required
under this disclosure, which has been described below:

 It covers the material type used while calculating the total materials such as raw material.
 The company has breach the supply contract with the Golden Goods Ltd because of
unethical used by it such as child labor.
 The Tramalway Industries has entered into an agreement with a new supplier for
providing material and it includes both renewable and non-renewable materials.
 Now, the industry is procuring 75% of its total procurement budget for its products and
services from the local suppliers. Thus, most of the acquisition of the material is taking
place locally.
 The company is using renewable sources of material for the product packaging purposes.
 The total weight of the renewable material has increased to 45 tonnes and the total ratio
of non-renewable material has decreased to 55 tonnes.
Disclosure 301-2 Recycled input materials used
In accordance with the GRI Sustainability Reporting Standards 2016, under the
disclosure 301-2, which is in relation to the ‘Recycled materials used’ the reporting organization
is required to disclose the following aspects in its sustainability report which are stated below.
 Percentage of the recycled material which is being used as an input for manufacturing the
organizations main business products and services (Anugerah and et.al, 2020).
With respect to the above stated disclosure 301-2, the Tramalway Industries has made the
following disclosures.
Percentage of recycled input material utilized = Total recycled input materials utilized/ Total
input materials utilized*100
Percentage of recycled input material utilized = 25 tonnes / 100 tonnes *100 = 25%.
Thus, the Tramalway Industries has made the disclosure under 301-2, that it has utilized
25% recycled input materials in the production of its products and services.
Disclosure 306 – 3 Significant spills
This is a standard which is a part of the set of GRI sustainability reporting standards which is
mainly based upon the environment and society. Also, this standard mainly concern on
environmental dimension of sustainability concern of a firm. This is also address the topic
related to effluents and waste. Also, it is analyzed that this includes the water discharge,
treatment and spills of chemicals that somehow affect the environment of a country. Therefore, it
is necessary for the Tramalway industry to comply with this standards in order to make sure that

the discharge from the company did not affect the overall system in adverse manner (Michalczuk
and Konarzewska, 2018). Moreover, this standard also reflect that the safety of people and
environment is highest priority for the companies because one indispensable factor is an
effective safety management system that determine and control risk in the production process
through effective measurement.
Even the process safety event rate also specify that the scale is increases from 2012
onward which is further categorized under special criteria and that is why, many training and
webinars are also included in the system in order to make sure that it will nit create any negative
impact upon the business. Also, different companies are hired which also supported the
development and take steps for stop spilling harmful chemicals out of the factor because it cause
negative impact upon the business. That is why, it is suggested that Tramalway should also
comply with this standard to protect the environment and creates positive impact.
C. SOCIAL SUSTAINABILITY
Disclosure 408-1 Operations and suppliers at significant risk for incidents of child labour
In the case of Tramalways it has been identified that organization used to strictly follows
the compliance in the organization in context of not allowing the child labour to be taken place in
the organization. Also, make sure that the company is procuring the different raw material in the
organization from the supplier who are also not involved in any of such type of the activity such
as child labour in the nation (Eizenberg and Jabareen, 2017). As it was find out that in the past
the organization was procuring the different resources from the supplier of the Bangladesh but it
was reported as that the supplier in the nation is involved in the activity of child labour, the
organization has decided to cancel the contract and they stated to search the new supplier and
they started procuring the variety of the product from the new supplier in the nation.
Disclosure 412-2 Employee training on human rights policies or procedures
Looking at the operation of the business it has been identified that the organization has
also launched a training program in the organization for the employee in the organization.
Training program in the organization was conducted in context of giving understanding about the
aspects of different human rights which are generally relevant to the business operations. In this
training which was organized in the market was organized in human right principle which was

raging from gender equality in context of human dignity and respect. This shows that
organization used to provide the training to the employee in context of maintaining human right.
Disclosure 417-3 Incidents of non-compliance concerning marketing communications
After going through the operation of Tramalway it has been identified that organization is
generally involved in the false and misleading conduct and issue. This was certainly found out in
the organization when a investigation was taken place in the organization by Australian
Competition and consumer commission (ACCC) (Ahmadi, Kusi-Sarpong and Rezaei, 2017).
Organization has accepted the variety of the false activity which has been taken place in the
organization and on the basis of the same has paid the penality of $12600 and updated the
marketing policy so that any such activity does not take place in the organization in the coming
year.
CONCLUSION
After going through the above report it has been concluded that organization is doing
good when it comes on seeing the Economical and Environmental sustainability in the
organization as organization is compiling all of there activity with the different standard in the
nation. At the same time organization is lacking behind at some stages in term of satisfying the
social sustainability in the long run.

REFERENCES
Books and Journals
Michalczuk, G. and Konarzewska, U., 2018. The use of GRI standards in reporting on actions
being taken by companies for sustainable development. Optimum. Economic Studies, (4
(94)), pp.72-86.
Tiwari, K. and Khan, M. S., 2020. Sustainability accounting and reporting in the Industry 4.0.
Journal of Cleaner Production, p.120783.
Anugerah, E. G. and et.al, 2020. An assessment on faculty sustainability reporting guideline
(FRSP). International Journal of Research in Business and Social Science (2147-4478).
9(1). pp.94-105.
Eizenberg, E. and Jabareen, Y., 2017. Social sustainability: A new conceptual
framework. Sustainability. 9(1). p.68.
Ahmadi, H. B., Kusi-Sarpong, S. and Rezaei, J., 2017. Assessing the social sustainability of
supply chains using Best Worst Method. Resources, Conservation and Recycling, 126,
pp.99-106.
Rahman, M. A. and et.al., 2018. Semantic multimedia fog computing and IoT environment:
Sustainability perspective. IEEE Communications Magazine. 56(5). pp.80-87.
Shahzad, M and et.al., , 2020. Relation of environment sustainability to CSR and green
innovation: A case of Pakistani manufacturing industry. Journal of Cleaner Production.
253. p.119938.