The Role of Sustainability Frameworks in Developing Policy Essay - IT Assignment Help

Assignment Task:

Task:

Objectives
• Understand and explain current sustainability theoretical frameworks
• Identify the key requirements of a sustainability framework
• Understand how the framework helps address the environmental, social and financial aspects of sustainability within a business

Background
A business has a legal and ethical responsibility to act in a responsible way. The term corporate social responsibility (CSR) and corporate citizenship are often used to describe the broad social, economic and environmental responsibilities a business has to the wider environment. Organisations need to examine day-to-day operations for opportunities to improve the conservation of resources. This means not only considering the immediate impact of business operations, but the long-term impact that its systems and processes have on the natural world. A sustainability policy needs a scope, framework and clearly defined actions, etc., but how do the frameworks, standards and legal requirements all fit together?

Tasks
This assessment requires you to research BMW Australia sustainability policy and identify the framework used from the list below:
• GRI (Global Reporting Initiative)
• TBL (Triple bottom line)
• CERES
• Natural Step.
Research and discuss which framework BMW Australia uses. Discuss the positive and negative points of using such framework by BMW Australia. How does it help Corporate Social Responsibility (CSR) of BMW Australia? What is the policy development challenges of BMW Australia using such framework? If BMW Australia uses other sustainability frameworks, what would be the possible positive and negative points.

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