...Green Mountain Coffee “Brewing a Better Day” Milestone One Kim Hureau Southern New Hampshire University Green Mountain Coffee “Brewing a Better Day” The purpose of this paper is to provide a comprehensive analysis on Green Mountain Coffee. This analysis will cover an overall market, cost and production and supply and demand analysis for Green Mountain Coffee, including Keurig. Green Mountain Coffee provides single serve brewed coffees in a variety of flavors and brewing styles to both the at home as well as corporate consumers. Green Mountain has an extreme focus on sustainability and green business practices and was the first company in the coffee industry to support the United Nation’s Global Reporting Initiative (GRI) mission to develop globally accepted sustainability reporting guidelines (Sustainability, n.d.). History of the Company Purchased by Robert Stiller in 1981 while vacationing in Waitsfield, Vt., Robert thoroughly enjoyed the coffee he bought when he stopped in at the small specialty coffee shop so much that he bought the store. In 1989, Green Mountain Coffee formed an environmental committee to address conservation concerns Robert Stiller had, this conservation program has remained a consistent social program through the many changes at Green Mountain. The Company changed their name to Green Mountain Roasters in 1993 and became a publically traded in company in September of that same year. In the late 1990’s, Green...
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...SUSTAINABILITY AT TELSTRA Bigger Picture 2014 Sustainability Report Sustainability at Telstra Contents CONTENTS About us Chairman and CEO message Sustainability scorecard Sustainability highlights Our approach Strategy infographic 03 04 05 06 07 08 Stakeholder engagement Key issues 09 10 11 Click on page links Transparency and accountability Bigger Picture 2014 Sustainability Report 2 Sustainability at Telstra About us ABOUT US Our business Telstra is Australia’s leading telecommunications and information services company, offering a full range of communications services and competing in all telecommunications markets. We employ close to 32,000 people directly, facilitate access to more than 1,900 points of presence across the globe and have one of Australia’s largest shareholder bases, with 1.4 million shareholders. We have a diverse range of customers, including consumers, small business, large enterprises and government organisations, and we strive to put them at the centre of everything we do. In Australia, our services are offered through 362 Telstrabranded retail stores, 90 Telstra Business Centres, 127 Telstra business and enterprise partners and are distributed by over 15,000 retail points of presence managed by our partners. In Australia we provide 16 million mobile services, 7.5 million fixed voice services and 3.7 million fixed data services. Telstra’s international businesses...
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...Introduction ................................................................................................. P. 3 Evaluation - Reporting Quality Balance ........................................................................................................ P. 4 Comparability ............................................................................................ P. 5 Accuracy ..................................................................................................... P. 6 Timeliness ................................................................................................... P. 6 Reliability .................................................................................................... P. 7 Clarity ......................................................................................................... P. 8 Conclusion .................................................................................................... P. 9 Bibliography .............................................................................................. P. 10 Introduction Global Reporting Initiative (GRI) is provides the globally applicable guidelines to business organization that voluntary use to design and ensure the quality of their sustainability reports. GRI framework is helping the organization to measure and report the sustainability report’s three aspects that includes economics, environmental and social performance. This framework can be used in any size...
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... • Introduction 1 • Reasons for sustainability report 1 • Key features of mining and metal sustainability report 3 • Evaluation of Onesteel’s sustainability report 5 • Conclusion 6 • Recommendation 6 • Reference 8 Executive summary The purpose of this paper was to explain the reasons for which companies started to produce non-financial report and figure out the key features of sustainability report, and then evaluate the sustainability report of Onesteel in relation of the key features. This essay is based on academic journals and professional business websites, as well as information sourced from company’s sustainability report for the year of 2011. The paper discussed the key features of sustainability report mainly by the global reporting initiative sustainability reporting guidelines, such as the six principles (balance, comparability, accuracy, timeliness, clarity and reliability) and the core indicators (environmental factors, human rights, labor practices and decent work, society, product responsibility and economic factors). In conclusion, the company of Onesteel is a leading one of mining industry, it had done well in sustainability report according to the key features of sustainability report. However, Onesteel should include the information about opportunities and predictions for future in order to make the sustainability report more completed, besides this, Onesteel should...
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...Sustainability Reporting Guidelines & Oil and Gas Sector Supplement © 2000-2012 GRI Version 3.1/OGSS Final version The Oil and Gas Sector Supplement is based on the G3.1 Sustainability Reporting Guidelines © 2000-2012 GRI Version 3.1/OGSS Final version Oil and Gas Sector Supplement Sustainability Reporting Guidelines RG & OGSS Table of Contents Overview of the Guidance provided in this Document for the Oil and Gas Sector Human Rights Society Product Responsibility 43 47 52 Preface Sustainable Development and the Transparency Imperative General Reporting Notes Data Gathering Report Form and Frequency Assurance 10 Glossary of Terms Acknowledgments 12 12 13 14 54 54 55 56 58 Introduction Introductory Section for the Oil and Gas Sector Overview of Sustainability Reporting The Purpose of a Sustainability Report Orientation to the GRI Reporting Framework Orientation to the GRI Guidelines Applying the Guidelines Part 1 Defining Report Content, Quality, and Boundary Guidance for Defining Report Content Principles for Defining Report Content Principles for Defining Report Quality Guidance for Report Boundary Setting 16 17 22 26 Part 2 Standard Disclosures Strategy and Profile 1. Strategy and Analysis 2. Organizational Profile 3. Report Parameters 4. Governance, Commitments, and Engagement 5. Management Approach and Performance Indicators Economic Environmental Social: Labor Practices and Decent Work 40 29 29 30 30 31 33 34 36 ...
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...Tutorial 1 * Sustainability * Sustainability reporting * GRI Framework * S’pore Airlines & Capitaland to use GRI * Most Companies use GRI * Recommend for improvement * Should not commenting on “using other activity”, reduce fuel price” * Look @ quality of report and reporting process * Ask ourselves and benchmark what is quality of report Make reference to SGX Report print out * Look @ page 4 & page 5 on sustainability questions to use for coursework. * Page 4, potential risk * Not enough words for definition such as page 1 * Are there chart graphs of future? * Is company honest and transparent? * Is there a 2-way communication between stakeholders? * Be more critical and evaluate. * For e.g; being critical. If S’pore Airlines missed a point, recommend it. Do not critic activities. * Yes, a sustainability report should be audited. This would add points to assignment. * Do you want your stakeholders to believe report? Yes, get it audited say, “Yes, it has been reviewed.” * Do not describe activities. Do not describe what is sustainability. * Write all good things * Not everything is good. It would be good to be honest and highlight the negative. * For e.g; “ This report is good, because it also highlights the negative. It engages stakeholders. * Look @ GRI – Global reporting initiative Go to website as a guideline. Look @ content page > Search google on GRI > go to “G4...
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...publishing sustainability report 1 3. Key features of sustainability report 2 3.1 Completeness 2 3.2 Transparency 2 3.3 Comparability 2 4. Evaluation 3 4.1 Completeness 3 4.2 Transparency 3 4.3 Comparability 3 5. Conclusion 4 6. References 5 Executive summary Sustainability report is a kind of report which results from sustainable development, it aims at helping company to have a better long-term performance. Sustainability report is characterized by a range of information include environmental, social and governance. Sustainability report has a great impact on investment decision and company's financial performance. The motivation of company publish the sustainability report is the benefits which include more profit, reputation, and support from government and consumer. The key features of the sustainability report contain completeness, transparency and comparability. 1 Introduction With the growing demand for meaningful, timely and comparable data, sustainability report becomes more and more popular; almost every company will publish their sustainability report. Thus, stakeholders put more attention on the quality of sustainability report. This report will not only describe the motivation of company publish the sustainability report and...
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... 2 2. Motivating factors for companies to publish sustainability reports 2 3. Key features of effective sustainability reports 3 3.1 General standard disclosures 3 3.2 Specific standard disclosures 3 3.3 Sector specific disclosures 4 4. The evaluation of Westpac’s sustainability report 4 4.1 General standard disclosures 4 4.2 Specific standard disclosures 5 4.3 Sector specific disclosures 5 5. Conclusion 5 6. Reference 6 Executive Summary This article is going to explain the reason for companies to present their sustainability behaviors and highlight the key feature of an effective sustainability report. Sustainability reports refer to disclose companies’ social and environmental performance. It is essential for the financial service industry to convey their sustainability profile and integrate this to their financial report. This article also makes an evaluation about Westpac’s sustainability report. Westpac’s sustainable reporting has used the table and bar chart to illustrate their sustainability performance accurate and transparent. Therefore, this report has a good quality. 1. Introduction...
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...1.1 Introduction 1.1.1 Origin of integrated reporting Over the years companies owed it to shareholders to annually give reports that are a medium of accountability to shareholders. The business success prospects of companies relied on annual reporting that has been biased towards the financials aspects of the company’s activities such as financial position, financial performance and the flow of cash in and out of the company. The modern investor has expanded focus beyond the financial return on investments in companies and became more concerned with the sustainability in the performance of companies as Abeysekera (2013) puts it. This development has effectively challenged the outlook of the reports that has been based on the Annual Financial Statements and evolved into King III (2009) which recommended for the introduction of integrated reporting as the new reporting approach towards addressing the expectations of investors. The King III Code of reporting emerged was incepted in response to the promulgation of the Companies Act of 2008 and designed to be usable by all entities. The Annual Financial Reports on financial performance, sustainability and governance disclosures often fell short to draw the relationship between the organisation’s corporate strategy, financial performance and the performance on the environmental aspects, IRCSA (2011). In addition to this is the fact that financial information is not sufficient for an organisation or investor to make informed decision...
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...Assessment 3.1 Social and Environmental Component Evaluation of Woolworths Limited’s Corporate Responsibility Report Skye Childs 2095183 Dan Francis-Staite 2113169 Emma Welsh 2138113 Contents: Title page 1 Content page 2 1.0 Executive Summary 3 2.0 Stakeholders outline 6 3.0 Sustainability assessment: 10 3.1 Social 10 3.2 Environmental 12 4.0 Bottom of the Pyramid Market Engagement: 15 5.0 United Nations Global Compact Principles (UNGC): 16 6.0 Social & Environmental Issues 17 7.0 Recommendations 21 8.0 Conclusion 23 9.0 Appendix 25 10.0 References 36 1.0 Executive Summary This report contains an evaluation of the sustainability of Woolworths Limited’s 2015 Corporate Responsibility report. To identify how effectively Woolworths managed stakeholders, we briefly outlined them and applied the ‘Freeman’ model. We also categorized them using the ‘Fassin’ model to identify stakeholders, stakewatchers and stakekeepers. As a large corporation, Woolworths prioritises it’s engagement with stakeholders that contribute to the economic bottom-line. Large investment into suppliers at each stage of the supply-chain coupled with the company’s capability to consistently purchase large quantities of inventory results in strong relationships with suppliers. Woolworths is effectively able to demand, achieve and maintain very low prices. This significantly...
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...Woolworth is a household brand in Australia. The company operates in the retail industry and is one of the two largest supermarket chain store operators. The other one is Coles. Woolworth has a long business history. The company was founded in 1924 and has now grown into a retailing giant. The company has 197,111 employees all across the nation and serves almost every Australian. As the largest chain super market operator in Australia with long history, the influence of Woolworth’s business operation extends far beyond the profit made for shareholders. Rather, the company has become an important member of the society and functions strongly as a service provider for access to groceries. This report identifies five most important aspects of Woolworth’s non-financial achievements which would be discussed in details here. Contribution to Local Market Operation Woolworth plays a vital role in the local market operation and improves the market efficiency. This could be explained from three perspectives. Firstly Woolworth directly creates jobs and provides employment. Secondly Woolworth sources most of its supplies from local suppliers and contributes to local economy development. Thirdly Woolworth is committed to provide affordable and high quality products to Australian customers to transfer value to customers. Contribution to Community Woolworth highly values the relationship with community in which it operates and continues to invest in support to our communities. Woolworth...
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...Lit Review – Public and Private sectors The public sector as defined by the Business Dictionary as being part of the national economy and provides goods and services that cannot otherwise be provided by the private sector (Business Dictionary, 2014). Examples of these goods and services range from the procurement of electricity, to cleaning services, and water management to name a few. The public sector's main focus is that of service delivery (The Student Room, 2014). Due to human induced climate change many governments have requested their public sectors to change and optimize their supply chains to cater for green purchasing. As a result of this the majority of the European Union have effectively found ways to reduce the overall effect of their purchasing activities (European Union, 2010, page 1 paragraph 1). The procurement of public goods and services in the EU is done through the life cycle approach (European Union, 2010, page 3 paragraph 1). The life cycle approach that is used by the member countries of the European Union has 5 steps (Europa, 2014), the fifth step that has been added in recently deals with all the externalities that can occur while performing the assessment. In the United States, the Environmental Protection Agency (EPA) use the more traditional four step approach to evaluate the life cycle of the goods and services to be procured (EPA, 2014). And in South Africa there is a nine step evaluation method on how procurement of public goods and services...
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...Discussion and Evaluation of Woolworths Foods purchasing process Authors: Ian dlamini, Sne Byron Van Herder, Naseer Khan, Mohamed Kadar & Muhammad Moola, Executive summary Woolworths is one of the biggest retail stores in South Africa. Founded in the early nineteen thirties by Max Sonnenberg, Woolworths has grown to a retail giant with over four hundred stores throughout Africa and Middle East. Along with Woolworths being of such large proportions it now is listed on the Johannesburg Stock Exchange. Within our study of Woolworths we will be examining the purchasing process of this retail giant and in order to achieve this we will employ tools and techniques to simplify our study. This study will compromise of a detailed discussion, illustration and evaluation of Woolworths purchasing process and for the purpose of our study we narrow down the study to a smaller aspect of Woolworths namely Woolworths Food. As we look closer into exactly what is required we employ the use of tools to aid in our study. These will consist of a SWOT analysis of the company, a PESTLE analysis of the purchasing processes and a PORTERS five forces analysis. We will then narrow down the purchasing process to one area of Woolworths namely Woolworths Food and base our study on that. A concise discussion is to follow in which we outline the most important factors that influence the purchasing decision. Included in the factors to be mentioned within our investigation we would refer to...
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...Project 1.1 Woolworths Chermside Workforce Management “KRONOS” Businesses around Brisbane, Sydney and Melbourne have got the same problem each month. They must take a look into the crystal ball every month, not just the H.R.M department but also for the stock department, W.P.H.S, branding and contracts for wholesalers are also affected. The back castings element is an element that is also a very sort after level of expertise which is needed in the middle management. This is an element that is part of your skills set. Back Castings: This is the ability of knowing the options in trade from the future if you wish to accept the risks. You should have a go and see what happens or sit back and see what happens. So every business should try to have incremental in their bottom line so that the business can demand sustainability. Fundamentally the minimum increase should be 5% which is aligned with the CPI. Maximum increase is around 35% annually. If the businesses don’t try to progress their business competition will take over. Small businesses in Australia have got a 69% breakdown rate of starting operation in 2 years. Questions are: 1. How are we able to do it? 2. How do we forecast our commercial future? 3. You must use the art of ‘commercial deployment’ 4. What is ‘commercial deployment?’ 5. Does the market dictate to you or do you dictate or manipulate the market? Market deployment tells us where to focus. How to Manipulate Your Market. 1. You should...
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...Financial reporting- An International Approach Module code: MOD003472 Year: 2014/15 Semester: 1 FHEQ Level: 7 Task 1 Kingfisher plc, the Europe’s leadership holder in home improvement retailers and in third position all over the world conducting 1200 stores in nine countries of Asia and Europe. It is Europe’s largest home improvement retail group and the third largest in the world, with over 1,170 stores in eleven countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Dépôt, Screwfix. Kingfisher also has a 50% joint venture business in Turkey with Koç Group. Kingfisher plc is included in two of the main socially responsible investment indexes – the FTSE4Good and Dow Jones Sustainability indexes. Kingfisher's roots go back to 1982 with the acquisition of FW Woolworth by Paternoster. With the deal came a relatively small chain of home improvement stores called B&Q. It was the start of a decade of major expansion which created one of Europe's biggest and broadest retail conglomerates. The company bought the Comet Electricals chain in 1984 and the Superdrug health and beauty stores in 1987. Meanwhile B&Q expanded its out of town presence to become the leading home improvement retailer in the UK. As conceptual framework helps us identify certain characteristics of usefulness of a financial statement, we can look at the financial report of Kingfisher, 2013/14 and say that throughout the year yet they faced difficulties in France, Russia...
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