...The Shell Global Scenarios to 2025 The future business environment: trends, trade-offs and choices © Shell International Limited (SIL), 2005. Permission should be sought from SIL before any part of this publication is reproduced, stored in a retrieval system or transmitted by any other means. Agreement will normally be given, provided that the source is acknowledged. The information contained in this publication is, to the best of our knowledge, true and accurate although the forward looking statements herein are by their nature subject to risk factors which may affect the outcome of the matters covered. Opinions from independent experts are presented as their own views in separate inserts with their approval. None of Shell International The companies in which Royal Dutch Petroleum Company and The “Shell” Transport and Trading Company, p.l.c. directly or indirectly own investments are separate and distinct entities. The expressions “Royal Dutch/Shell Group” and “Group” are used to refer to the companies of the Royal Dutch/Shell Group as a whole. The words “Shell”, “we”, “us” and “our” are used in some places to refer to the Group and in others to an individual Shell company or companies where no particular purpose is served by identifying the specific company or companies. Limited, its affiliates and their respective officers, employees and agents represents the accuracy or completeness of the information set forth herein and none of the foregoing shall be liable for...
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...GLOBAL ENVIRONMENTAL REGIME DESCRIPTION The following paper is going to investigate, analyze and evaluate the Global Environmental Regime, topic that is included within the discipline of Global Governance. Najam, Papa and Taiyab (2006, p. 3) define the global environmental regime as “the sum of organizations, policy instruments, financing mechanism, rules, procedures and norms that regulate the processes of global environmental protection”. Nowadays, it has increased the importance of this sector in global governance, in which different actors are involved. Biermann (2004) states that global environmental regime is characterised as a multi-actor governance system where the non-state organisations have a large influence. Biermann (2004) highlights some actors such as nongovernmental lobbying as activist groups, business associations and policy research institutes; networks of scientist; the influence of mayor companies; intergovernmental organizations; and supra-national institutions (OCDE). EVALUATION Global environmental regime is an immature regime. In this section it is going to be analysed the main global governance gaps and what is their weaknesses. According to Fauchald (2010) the weaknesses of the regime are: 1. Environmental indicators still deteriorating despite the efforts of different actors. 2. Lack of coordination among the Multilateral Environmental Agreements (MEAs). It is a problem the lack of common tools and the developing of a common strategy...
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...company) and Billiton PLC (An UK based Company). BHP Billiton has created long time share holder value through the discovery, acquisition and development of natural resources. In the last few years, BHP Billiton has faced some governance challenges in conducting their business around the world. For overcoming those challenges several strategic drivers has been taken by BHP Billiton. This report mainly focused on external and internal environment, strength and weakness, Governance challenges and strategic drivers of BHP Billiton. Overview of BHP Billiton: BHP Billiton is a Dual Listed Company (DLC) comprising BHP Billiton Limited and BHP Billiton Plc. BHP Billiton was created through the DLC merger of BHP Limited (now BHP Billiton Limited) and Billiton Plc (now BHP Billiton Plc), which was concluded on 29 June 2001. BHP Billiton is a leading global resources company. The purpose is to create long-term shareholder value through the discovery, acquisition, development and marketing of natural resources. BHP Billiton are among the world’s largest producers of major commodities, including aluminum, coal, copper, iron ore, manganese, nickel, silver and uranium, and have substantial interests in oil and gas. The headquarters of BHP Billiton Limited, and the global headquarters of the combined BHP Billiton Group, are located in Melbourne, Australia. BHP Billiton Plc is located in London, United Kingdom. Both...
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...Customer Relationship and Corporate Governance in Sustainability of Business Vinod Krishna U. Makkimane Sr.Faculty Institute of Business Management & Technology Banashankari 3rd Stage, Bengaluru. Sustainability is a dynamic concept born out of the environmental debate of the last quarter century. There is growing concern nationally and internationally about biodiversity and protection of plants and animals and community based activity. It is important to view sustainable efforts from global perspective that addresses socio-economic and environmental issues. Sustainable Development as a norm has been accepted in the literature ever since the publication of the Brundtland Commission report in 1987.The Brundtland Commission defined Sustainable Development as that which "meets the needs of the present without compromising the ability of the future generations to meet their own needs". A primary goal of sustainable development is to achieve a reasonable and equitably distributed level of economic well being that can be perpetuated continually for many human generations. It also implies using renewable natural resources in a manner that does not eliminate or degrade them, or otherwise diminish their usefulness for future generations. Sustainable development also requires depleting non-renewable energy resources at a slow enough rate so as to ensure the high probability of an orderly society transition to renewable energy sources. Mahatma Gandhi has observed long back that...
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...The purpose of this global sustainability report FY2014 is to evaluate whether the company provides clear information on their overall performances across the triple bottom line. The stakeholders and shareholders are interested to know how the company shapes and how they resolve social issues and environmental issues. This helps to raise corporate transparency which allow balanced and clear assessment of the company’s performance by stakeholders to facilitate corporate accountability. It also incorporates sustainability with useful data for identifying emerging issue and develops appropriate responses that helps protect corporate reputation and improve shareholder value. In this way, it helps a company to articulates its sustainability vision and strategy, and ensure that they are in line with company goals. Because the report includes the sustainability goals that the company wants to achieve, writing in the report ensure that the goals are clear and that they match with the company’s overall mission and vision. CapitaLand Limited has adopted GRI Global 4 Sustainability Reporting Guidelines in their sixth Sustainability Report and is an audited by an independent third party, Ere-S Pte. Ltd. specializing in business sustainability and provide independence assurance for this report. The report is based on GRI Global 4 Sustainability Reporting Guidelines, in accordance with the Core level requirements outlined in the G4’s reporting standards. This Report has successfully...
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...* Recognises the concerns and goals of all tourism visitors are important for planning, decision-making and developing mutually beneficial strategies and actions. * Engages visitors based on their interest to ensure a comprehensive basis of knowledge for planning. Focusing on appropriate management principles: * Customer focus Organizations depend on their customers and therefore should understand current and future customer needs, should meet customer requirements and strive to exceed customer expectations. * Leadership Leaders establish unity of purpose and direction of the organization. They should create and maintain the internal environment in which people can become fully involved in achieving the organization's objectives. * Involvement of people People at all levels are the essence of an organization and their full involvements enable their abilities to be used...
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...Futility of International Environmental Governance The increased frequency of irregular climatic events, among which are violent hurricanes, whirling tornados and record-breaking temperatures has resulted in an amplified concern in the changing climate. “Certainly, this is no coincidence; extreme circumstances often serve to galvanize public attention.” These rising trends of environmental awareness have superseded individual societies. Resultantly, there have been countless efforts of working towards pragmatic solutions to environmental concerns by means of global governance as an international collective. “The distinct characteristics of global governance lies in the assumption that the effective handling of problems is no longer the exclusive responsibility of government but of joint activities by governments, international and supranational institutions.” This understanding of global interconnectedness has incited the creation of numerous organizations, institutions and international environmental initiatives, specifically the Kyoto Protocol. However, environmental impediments have not seen notable improvements and can be attributed to the flaws of global environmental governance. Firstly, contributing to the failure of environmental policies is the ineffective structure of the Kyoto Protocol. Furthermore, with the rise of globalization, neoliberal ideals have prioritized market successes at the detriment of the environment and international environmental initiatives....
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...------------------------------------------------- Contents 1. Background of the Study 1 2. Corporate Governance and Social Responsibility 3 2.1. Introduction 3 2.2. Composition of BOD’s 4 2.3. Corporate Social Responsibility programs 4 3. Environment Scanning and Industry Analysis 6 3.1. Current trends of external environment 6 3.2. Industry analysis through Porter’s 5 Forces Model 9 4. Internal Environment Scanning and Organizational Analysis 10 5. SWOT Analysis 15 6. Design strategic purpose 19 6.1. Vision Statement of StretchLine 19 6.2. Mission Statement of Strechline 19 6.3. Objectives of Stretchline 19 6.4. Gap Analysis of Stretchline 20 7. Strategy development 21 7.1. BCG Matrix 21 7.2. Growth Strategies 22 8. Strategy in Action 26 9. Strategic Control 29 9.1. Procedure of controlling 29 9.2. Strategic controlling tools 29 Background of the Study It is fact that every country has 3 sections contribution to make the GDP like agriculture, industry and services. Industry has been invented to the Sri Lanakan market since 1977 with the industrialization policy adaption. Then apparel industry has great contribution to the Sri Lankan economy tremendously. It provides not only the massive export income but also novel technology with opportunities to unemployment. Sri Lankan economy gained GSP+ due because of perfectiveness in apparel industry. Apparently when illustrating factors in apparel industry the trade...
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...is authorised provided the source is acknowledged. Printed in Belgium Printed on recycled paper that has been awarded the EU eco-label for graphic paper (http://ec.europa.eu/environment/ecolabel) EU action against climate change Working with developing countries to tackle climate change Introduction EU cooperation with developing countries on climate change Supporting adaptation and capacity building Providing clean and secure energy supplies Stimulating clean development through EU emissions trading Promoting sustainable forestry Assisting developing countries through climate research 5 10 14 17 20 22 24 Introduction As the world’s largest donor of development assistance, the European Union is strongly committed to supporting developing countries in the fight against poverty, the achievement of the UN Millennium Development Goals and the promotion of sustainable development. Combating climate change, one of the gravest challenges facing mankind, forms an integral part of this agenda. The EU is actively pursuing this objective, both multilaterally through the UN Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol and its...
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...Corporate governance is the framework by which organizations are coordinated and controlled. It manages the connection between management, investors, chief directors and other stakeholders. With respect to good governance, the board is responsible for the management of the company and shareholders are responsible for the appointment of directors and auditors that are suitable for corporate governance framework. Corporate governance is projected to increase the accountability of companies and to circumvent monstrous calamities before they occur. Failed energy giant Enron, and its insolvent representatives and investors, is one of the main disputes for the significance of strong corporate governance. Objectives of King IV Promote corporate...
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...1 Analysis of Vision and Mission Strategy Management Contents 1.ICICI BANK ............................................................................................................................................4 Analysis of Vision: ...............................................................................................................................4 2.BANK OF INDIA.....................................................................................................................................4 Analysis of Mission..............................................................................................................................4 3.CANARA BANK......................................................................................................................................4 Analysis of Vision ................................................................................................................................4 Analysis of Mission..............................................................................................................................4 4.GAIL......................................................................................................................................................5 Analysis of Vision ................................................................................................................................5 5.Infosys................................
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...This paper is being written in response to an assignment that has been given by the International Compliance Training for the International Diploma in Governance, Risk and Compliance. It looks at the factors surrounding financial services compliance along the industries lines of legislative, economic, industry driven, political, environmental and possible scandals relating to all of these areas. The information has been gathered from the British Virgin Islands jurisdiction from sources such as Financial Services Commission, British Virgin Islands Government and internationally, from the International Monetary Fund, the Organization for Economic Co-operation and Development and the text, International Compliance Training Ltd. The research is basically theoretically driven to ascertain if the industry would be better off with regulation or left for participants to operate freely. Introduction: Scandals (such as Enron, WorldCom), the September 11 attack and financial crisis of 2007 and 2008 brought attention to loopholes of legislation that market participants have been taking advantage of for years. It was never the intention of regulation to cause market abuse, insider dealings or loss of investments or tangible properties. This paper details the shortcoming of legislation but also highlights how an effective regulatory environment can be achieved. What is Regulation? Regulation is defined according to the International Compliance Training Ltd as a set of binding...
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...the major providers of products and services to the energy trade, with a workforce of almost 80,000 people in 80 countries. Their home office is located in Houston, Texas and they have been influential in the energy services and engineering and building industries for roughly a century. The companies today, nationwide and in the global market have right of entry to technological advances. Halliburton that has attained global success in product supply and is determined continually to rally global demands. In this paper will assess the planning function of management, we will discuss the factors that influence management planning, and analyze several factors that affect different types of planning within Halliburton. Halliburton plans for the future by evaluating the impact their actions will have on the environment, contributing back to the communities, helping to create jobs, and developing new technologies. The strategic goal of Halliburton is to continue to increase through internal growth and attainment in order to benefit the stockholders. This objective is governed by a board of directors who examine the company’s current situation and develop goals and tactics for long-term success. “Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. Planning activities include analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company...
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...CORPORATE SOCIAL RESPONSIBILTY SUSTAINABILITY ANALYSIS INTRODUCTION Larsen and Toubro is a USD 9.8 billion, technology, manufacturing, finance, engineering and construction conglomerate, with global operations. The company is headed by Mr. A.M Naik, CEO and M.D. During times when sustainability as the biggest challenge faced by mankind today, L and T has always pursued its long term strategic plans, remaining steadfast in its sustainability journey. 1.1 Sustainable Development United Nations in 1983 defined it as ‘Development that meets the needs of the present, without compromising the ability of the future generations to meet their own needs’. 1.2 Corporate sustainability Strategies and business practices adopted by the company to achieve corporate growth and profitability as well as to pursue societal goals, specifically those related to sustainable development-environment protection, social justice and economic development. In simple words, the well being of the society depends on the economy and the economy depends on the global ecosystem. 1.2 Corporate sustainability report L& T’s sustainability report is based on Global reporting initiative, i.e. GRI's Reporting Framework that is developed through a consensus-seeking, multi-stakeholder process. L and T reports are ‘ GRI Checked ‘ and graded as A+ reports, which is the highest grade for GRI reports. 1.3 L&T’s Take on Sustainability L & T views sustainability...
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...the winds of globalization, as it has less access to and use of different opportunities living at the margin in the hierarchies of global order with low technological base, poor infrastructures and governance in most arenas. The study also suggest that Bangladesh needs to be engaged with all its development partners in a healthy and constructive process of interaction on stabilization, reform programme and other critical issues like national capacity building, competitiveness, political stability, cross border terrorism, arms and drug trafficking, climate change and environmental degradation. The policy implication is that various economic policy orientation and utilization of resources should be as such that they can supplement economic growth in a sustainable manner and create avenues for employment. KEY WORDS: Benefit, Environment, Globalization, Governance, Infrastructure, Poverty, Population, Policy, Political stability, Resource 1.0 INTRODUCTION Globalization is a process of expanding trade and commerce creating borderless market all over the world. Some view it to be the conquest of one by other increasing inequality between nations. Others view it to be benefiting for world economic development and – also inevitable and irreversible. Bangladesh is exposed to pressure from two major sources in order to bring about changes in domestic governance in the direction of...
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