Sustainability Disclosure of the Company
AFA Assignment
Group member:
Yanyan Fan :16431392
Yang Zhang :16548131
To: financial director
From: Yanyan Fan & Yang Zhang
Subject: Sustainability disclosure of the company
Dear Sir:
I am glad to write this report for you to use as ground to decide Orica’s future practices in disclosing sustainability information relates to our company’s operation.
As the world’s largest provider of commercial explosives, blasting systems and blast based services, we care about people and the environment. We acknowledge our environmental, social and community obligations which contribute us to conduct our business in a sustainable manner. Orica’s commitment to Safety, Health and the Environment (SH&E) is well recognised and our underlying progress in improving our SH&E performance is good in many areas.
We will illustrate sustainability information of Orica last year based on system-oriented theories as following:
Under stakeholder theory, which considers the importance for an organisation`s survival of satisfying the demands of its various stakeholders. Fortunately, we know who our stakeholders are, understanding their concerns and responding to them in an appropriate manner. With our Group Safety, Health and Environment (SH&E) Standard and policy, we identifying our key stakeholders as being: employees and contractors; Our customers; Our shareholders and investors; The community and Governments. At Orica, sustainability means the capacity to deliver value to our stakeholders in the following key areas: Governance, Safety, Health and Environment (SH&E), Product Stewardship, People & Community, and Engagement & Communication.
The more critical the stakeholder-controlled resources are to the continued viability and success of the organisation, the greater the expectation that stakeholder demands will be addressed. As Roberts (1992,p.598) states that: a major role of corporate
Group member:
Yanyan Fan :16431392
Yang Zhang :16548131
To: financial director
From: Yanyan Fan & Yang Zhang
Subject: Sustainability disclosure of the company
Dear Sir:
I am glad to write this report for you to use as ground to decide Orica’s future practices in disclosing sustainability information relates to our company’s operation.
As the world’s largest provider of commercial explosives, blasting systems and blast based services, we care about people and the environment. We acknowledge our environmental, social and community obligations which contribute us to conduct our business in a sustainable manner. Orica’s commitment to Safety, Health and the Environment (SH&E) is well recognised and our underlying progress in improving our SH&E performance is good in many areas.
We will illustrate sustainability information of Orica last year based on system-oriented theories as following:
Under stakeholder theory, which considers the importance for an organisation`s survival of satisfying the demands of its various stakeholders. Fortunately, we know who our stakeholders are, understanding their concerns and responding to them in an appropriate manner. With our Group Safety, Health and Environment (SH&E) Standard and policy, we identifying our key stakeholders as being: employees and contractors; Our customers; Our shareholders and investors; The community and Governments. At Orica, sustainability means the capacity to deliver value to our stakeholders in the following key areas: Governance, Safety, Health and Environment (SH&E), Product Stewardship, People & Community, and Engagement & Communication.
The more critical the stakeholder-controlled resources are to the continued viability and success of the organisation, the greater the expectation that stakeholder demands will be addressed. As Roberts (1992,p.598) states that: a major role of corporate