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MBA402 Governance - Ethics - and Sustainability Report
Question:
You must then prepare a sustainability assessment report referring to the Consolidated Set of GRI Sustainability Reporting Standards 2016 that specifically addresses:
A. Economic sustainability
i) Disclosure 201-2 Financial implications and other risks and opportunities due to climate change
ii) Disclosure 205-3 Confirmed incidents of corruption and actions taken
iii) Disclosure 206-1 Legal actions for anti-competitive behaviour, anti-trust, and monopoly practices
Solutions:
The financial implication is an investment for the long-term business process as the company will follow the directive for long and make it more formative for infrastructural investment. The risk and opportunities will come in case of financial implementation and direct and indirect operation process impacted in that case. The capital and operation cost will be impacted in that case (Norton, Zacher and Ashkanasy 2014). The demand for products and services will be affected in case of financial implication. If the process formulated in a better way then, Timberwall Construction did not take any bribe for other companies and allegation will not be imposed over them. Read More
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