Sustainable development aims to fulfill the present needs without harming the possibility of not fulfilling the future ones. In today’s era, where companies give sole importance to economic growth the concept of sustainable growth becomes all the more important. As globalization continues to spread there is a steep rise in the ways through which companies and individuals can increase their profits. But the newly created opportunities are not evenly spread over the social strata. So there is always a dynamic instability which is making the environment volatile to some extent. Increase in technical knowledge has attributed to financial development, but it also has the ability to reduce the risks which threatens to harm the social and environmental sustainability .So sustainable development’s key feature encapsulates its promotion of out of the box thinking and selection of innovative choices. There is a need for transparency regarding a company’s economic, social and environmental impact and gradually this aspect has become an integral part of its relations with its stakeholders. Stakeholders expect a company to communicate to them the true picture of the company’s sustainability. This naturally led to the requirement of a globally recognized framework of rules, concepts and regulations. As a result the Global Reporting Initiative created the Guidelines for Sustainability Reporting. With the formation of the guidelines a transparency was achieved in the reports involving the sustainability of the company. These reports generated a lot of interest amongst the motley crew of stakeholders (Global Reporting, 2011). Sustainability reports disclose results that have happened in the reporting period. These reports are mainly used for: 1. Assessment of the sustainability performance of the company in accordance with the laws, performance standards and norms. 2. The extent to which the company influences and gets influenced by its surroundings. 3. To perform an intra and intercompany comparison over a period. Guidelines for Sustainability Reporting The reporting framework developed by GRI can be used by any company irrespective of its location, sector and size. The reporting guidelines ensure that the reports produced by the companies are up to the mark. These guidelines include: 1. Reporting Principles 2. Guidance 3. Standard disclosures. All the three elements are given equal weight age and importance. Reporting principles explain the results a report should able to convey, the selection and methods of reporting, along with the indicators and topics which will be included in the report. Each principle consists of definitions and a number of tests which help the company to decide the principles which it intends to use. The reporting guidance explains the actions that a company can take during the decision making process, and also helps in selecting the topics that will be included
Land Rover Sustainability Accounting and Accountability Analysis Table of content Similarity between Land Rover Sustainability Accounting Report and GRI’s Sustainability guidelines G3 (GRI 2006) 3 Guidelines for Sustainability Reporting 4 Sustainability report of Land Rover 6 Comparison between sustainability report and academic literature 7 The level of assurance of the sustainability report and the extent to which it agrees with Gray’s (2010) statement 9 References 14 Similarity between Land Rover Sustainability Accounting Report and GRI’s Sustainability guidelines G3 (GRI 2006) Sustainability report is a record of the impact that a company has on its surroundings…
JLR was acquired by Tata Motors from Ford Motor Company in 2008. When JLR was acquired it was a loss making company. In 2006 Ford suffered the biggest loss in its history from this company. The company operates in UK at three production facilities where all products are primarily designed and produced.
To do this, organizations have adopted various forms of advertisement as a strategy to roll out their products to the people in the most effective manner. Advertisement is used to create a positive public attitude for the products and to attract customers to buy products that they are familiar with in the market.
Post-modern business discourse is focused on the economic and social consequences of corporate practices (Elliott and Elliott, 2006). Transparency, though, must also take into account the subjective nature of gathering, analyzing and presenting data as published accounting information.
The aim of the paper is to view and critically analyze the opportunity of creating a manufacturing facility in the USA in order to increase the company’s presence on the North American market. The decision will be analyzed from several perspectives including the basic decision making process, the changes in the supply chain management strategy.
The increasing demands of consumers have agitated the automobile giant to go a step further in inventing the electric car which has unique features. In line with this invention the existing supply management chains may not met the goals and hence, there is need for new supply chains to buffer the company from the ever-increasing competition from other players in the industry
Over the years, organizations have continued to identify and implement new strategies to ensure that they meet the needs of their consumers and reduce harm which may result from use of a product or service. In different industrial sectors,companies continue to use innovative tactics to develop standardized goods
The author analyzes the many problems that Tata Motors is facing, the reasons of the fall in the business of Tata Motors, and the effect of the Global Recession on the company’s performance in post acquisition. Because of the economic slowdown and resultant salary cuts and job retrenchments, there were many cases of defaults in loan repayments.
n the third segment, a set of question developed so that the brief idea can be generated on perception of the UK based customers regarding the Jaguar Land Rover cars can be obtained (Hicks and Upton, 2010). Finally, in the fourth question, one suitable data collection approach
10 pages (2500 words)Essay
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