Tesla Company And Its Business Ethics - Free Essay Example

Sample details Pages: 5 Words: 1369 Downloads: 8 Date added: 2019/08/06 Category Business Essay Level High school Tags: Business Ethics Essay Did you like this example? Tesla was founded in 2003 by a group of engineers that all had the same idea of trying to make the world a more eco-friendly and safer place. Since being founded Tesla has broken records and broken-down boundaries in the auto mobile world. They have created a car that is worlds bestselling pure electric vehicle and also making it one of the safest automobiles. Don’t waste time! Our writers will create an original "Tesla Company And Its Business Ethics" essay for you Create order Their goal of they wanted to accomplish was to let people know that they do not have to compromise anything in order to drive electric. The people who were the founders of Tesla also wanted to let people know that electric cars are better than the environment, faster, and more fun to drive than any other gasoline car. Not only does Tesla build electric cars, but they also provide a clean energy product that is safer and healthier for the environment. Tesla is indeed impacting the world through its business model, social impact, and ethical value.  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚   Tesla makes their vehicles in Fremont, California in its factory. This is where the vast majority of the vehicles components and body parts are also made. Teslas goal is employee safety and having factories that a ran safely and smoothly. To achieve this goal Tesla is taking and acting on an extremely proactive approach to safety. They are requiring that the production employees must participate and be a part in a multi-day training program before they ever set a foot on the ground in the factory. After they have completed this, they continue providing on-the-job training and conduct track performances daily so that improvements can be made in a timely manner. The result is that Teslas safety rate continues to improve while Model 3 production ramps.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Tesla Model 3 is quickly becoming one of the best sellers. This model is affordable, reliable, and have extremely high-performance ratings. However, Tesla is in the works right now of making a car even better than the Model 3, called the Model X. This model with have full air pilot capacity and fully electric. With Tesla in the works of building its most affordable, safe, eco-friendly car yet, Tesla continues to make products that are accessible and affordable to more and more people. This ultimately will accelerate the advent of clean transport and clean energy production.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The business model for Tesla is selling, servicing, and charging its electric vehicles. Tesla goal is to have a positive impact on the environment because Tesla believes that the faster the world can stop depending on fossil fuels and can move toward a zero-emission future, the better. Tesla believes that every one of there customers deserves the best which is why they do not have outrageous prices so that everyone has the opportunity to be safer and eco-friendlier with their vehicle choice.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   One thing about Tesla is that they are not apart of auto union. The purpose of an auto union is basically to give the employees the opportunity to earn a fair wage, be treated fairly, and protect them if they were to get fired. Jaimie Willis, who used to work at the Tulsa International Bus Plant said that he is against the auto union. He is against it because if a company is already treating its employees fairly and giving them the fair wage, as they should be doing, then there is no need for a union. This is a controversial topic thought as there are some people who think that a auto union is important and necessary.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The social impact that Tesla is that it will kill business like Cab companies or any other driving jobs because Tesla is staring a self-driving vehicle , Model X, which will eliminate the need for these services. It also will have an large impact on other car companies and factories. However, Tesla could open a lot of jobs as well. They need several people for just one car like a technical person to figure out all the wiring, an electrician to get the electric legists taken care of, a person to build the frames, and so on and so forth.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The foundation and almost immediate success of Tesla has led to many different social and business destruction or complications. For example, the impact that Tesla has had on society mainly is due to the energy efficiency and popularity by the public of alternative solutions for fuels. As Tesla gains more attention and gets new and press, the growth and popularity of energy efficient cars and alternative fuels grows. This, one would say, can only have a positive effect on global climate concerns. The energy efficiency that a Tesla electric car is car is way above the average of a gas operated vehicle. This implies that energy efficient cars, particularly electric cars, are becoming more mainstream or modern and relevant to the average costumer. The impact that Tesla has on businesses and corporations is also becoming more noticeable as time goes on and Tesla gains popularity throughout the whole world.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   When Tesla first introduces a luxury model of electric car means loss of sales for luxury brands like Lexus, and BMW. Other car companies like Toyota and Nissan are having difficulty keeping up with Tesla. Toyota is trying to attempt and improve the Prius. Nissan also has their newest model, the Leaf. None of these however, are getting them close to Tesla. Tesla has created a more competitive market for energy-efficient cars around the world  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The ethical analysis on Tesla is that it is impacting the world for the better because it is helping save the environment by reducing the amount of chemicals and toxins we as humans put in the air. However, with any company there are downfalls. On late Tuesday December 4, 2018 Tesla was offering millions of dollars in an all-stock deal to acquire SolarCity Corporation. Shares of Tesla sank by a little over ten percent on just by Wednesday. This cased a negative reaction on the sell side. A man named David Bechtel, who is one of the three principals of Barrow Funds, mentioned that the prospect of a tie-up between Tesla and SolarCity was extremely frightening because with two companies like Tesla and SolarCity, they are both hungry for money and merging them with cause sever questions to come up. Bechtel had also brought up that his firm had lowered Teslas share during 2015, because it was wildly over-valued relative to its peer group. Bechtel said that is a little obdured that a compa ny like Toyota for example has been in business and going strong for over seventy years now and they know what it takes to meet the needs of markets and the fact that Tesla will just trade several levels of revenue is concerning to Teslas investors who take this company and value seriously.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In summary, Tesla is having a major impact on the world due to the social impact, ethical value, and business model of this corporation. All the founders of Tesla agreed that they want to make the world, safer, and eco-friendlier. They also wanted to let people know that they do not have to compromise to drive electric. Since the founding of Tesla, the company has torn down barriers and made huge stride in modernizing and making the world an eco-friendlier place. Tesla is changing the way that cars are made by making it eco-friendly and much safer. As with any corporation there are negative things about the company, but in the end the company is making a positive impact in the world today by moving us forward. Bibliography Investors Overview. (n.d.). Retrieved from https://ir.teslamotors.com/?_ga=2.253007433.1352725380.1544121434-511811076.1543515982 OBrien, S. (2018, August 15). Tesla shareholders face possible capital gains tax bill if company goes private. Retrieved from https://www.cnbc.com/2018/08/15/tesla-shareholders-face-possible-tax-bill-if-company-goes-private.html Wu, A. (2016, September 06). Teslas Got the Keys: A History of Its Success. Retrieved from https://www.investopedia.com/articles/personal-finance/061915/story-behind-teslas-success.asp Boudette, N. E. (2018, June 30). Inside Teslas Audacious Push to Reinvent the Way Cars Are Made. Retrieved from https://www.nytimes.com/2018/06/30/business/tesla-factory-musk.html About Tesla | Tesla. (n.d.). Retrieved from https://www.tesla.com/about Doorn, P. V. (2016, June 24). Tesla shareholders should be very worried about dilution right now. Retrieved from https://www.marketwatch.com/story/tesla-shareholders-worried-about-dilution-should-be-very-wary-right-now-2016-06-22

Differences Between Du Bois And Marcus Garvey - 1688 Words

. Ideological and personal differences led to acrimonious debate between Du Bois and Marcus Garvey, a Black Nationalist leader who strove to construct through economic enterprise and mass education a unified empire of people of African descent. Du Bois also opposed Marcus Garvey whom he considered a demagogue, although they shared a commitment to Pan-Africanism and the liberation of Africa. Du Bois rejected many of Garvey’s policies and mounted a campaign to expose corruption and mismanagement of Garvey’s famous Black Star Shipping Line: a black cross-continental trade venture. Pan-Africanism is â€Å"a movement of people of African descent from sub-Saharan Africa in the early twentieth century that emphasized their identity, shared†¦show more content†¦Africans who had been radicalized by World War II dominated the conference and encouraged it to denounce Western imperialism. Du Bois considered the United States a protector of the colonial system and opposed its stance in the Cold War (Hine et al., 2014, p. 463 - 464). Du Bois was a lifelong anti-war activist, but his efforts became more pronounced after World War II. In 1949, Du Bois spoke at the Scientific and Cultural Conference for World Peace in New York: I tell you, people of America, the dark world is on the move! It wants and will have Freedom, Autonomy and Equality. It will not be diverted in these fundamental rights by dialectical splitting of political hairs, Whites may, if they will, arm themselves for suicide. But the vast majority of the world s peoples will march on over them to freedom! In the spring of 1949, he spoke at World Congress of the Partisans of Peace in Paris, saying to the large crowd: Leading this new colonial imperialism comes my own native land built by my father s toil and blood, the United States. The United States is a great nation; rich by grace of God and prosperous by the hard work of its humblest citizens. Drunk with power we are leading the world to hell in a new colonialism with the same old human slavery whi ch once ruined us; and to a third World War whichShow MoreRelatedThe Haitian Revolution And African Americans1562 Words   |  7 PagesProvidence, and etc. Washington, Du Bois, and Garvey all had different responses to the dilemma African Americans faced in constructing an identity and asserting themselves in he post-reconstruction era. Washington had the most passive approach as to how he wanted things to be done. Washington wanted to work on having good relationships with the white Americans since he was afraid that if blacks were to straight up demand their rights, it would create a bad atmosphere between the two groups. WashingtonRead MorePolitical Philosophers : Reconstruction1595 Words   |  7 Pagesequality was far from over. With racial integration out of the question, prominent black leaders were forced to pull their resources and rethink their political strategies. Some of these leaders were Booker T. Washington, W.E.B Du Bois, Alexander Crummell, and Marcus Garvey. These four men’s political philosophies played a vital role in revitalizing black nationalism, cultural pride, and civil liberties at a time when all of these things seemed out of reach. Alexander Crummell was born in New YorkRead MoreRacial Leadership And The African American Political Thought From B Du Bois1260 Words   |  6 PagesStates we have had different views of racial leadership in Afro American political thought from W.E.B Du Bois to Booker T. Washington to Marcus Garvey who sought to lead African-Americans from the oppression they face. All three of these historical figures had different views on racial leadership and politics as well as the vision and direction that racial emancipation should take. 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Du Bois, Alexander Crummell, and Marcus Garvey on post-emancipation America are evident through the social and political progress of the United States. Booker T. Washington was a nationalist who supported gradualism and separatism. He was very conservative compared to othersRead MoreThemes Of The African Americans Essay1792 Words   |  8 Pagesalso explicitly portray how and why they supported or adhered to these ideologies. Nevertheless, even though, there are countless example of people and organizations that adhered to these ideologies, people like Booker T. Washington, W.E.B Du Bois, Marcus Garvey and organizations like the NAACP, UNIA, and NACW are the profoundly significant ones. 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In reality, African American and Afro-Caribbean Pan-Africanists often adopted contradictory positions that belied their universalist Pan-AfricanistRead MoreAfrican American Identity2208 Words   |  9 Pagesguarantee of equal protection of the laws extended only to federal civil rights, thus removing southern states from the duty to protect the civil rights of African Americans, but it was just not their rights that w ere taken; but their lives as well. Between 1882 and the end of 1900, 1751 African Americans and 1105 white Americans were lynched for trying to further the African American cause (National). Given all of this discrimination and violence, it is hard to imagine that anyone would be willing toRead MoreAnalysis Of Alain Lockes The New Negro1646 Words   |  7 Pagesidentified by Locke (Locke 49). On the other hand, advocating for artistic production and cultural recognition as a method to change the lived experiences of black people has a long philosophical history, dating back to earlier works like W.E.B. Du Bois’ The Philadelphia Negro and Booker T. Washington’s A New Negro for a New Century. Locke’s work to integrate these two perspectives reveals an inflection point in how individuals attempted to situate a changing black culture within both a nationalRead MoreHe Resigned From The Naacp In June 1934 In A Dispute Over1525 Words   |  7 Pagesthe 1950s Du Boi s was drawn into leftist causes, including chairing the Peace Information Center. The center’s refusal to comply with the Foreign Agents Registration Act led to his indictment with four others by a federal grand jury in 1951. All five were acquitted after a highly publicized trial, but the taint of alleged communist association caused him to be shunned by colleagues and harassed by federal agencies (including eventual revocation of his passport) throughout the 1950s. Du Bois own approach

Dynamic Models of Oligopoly

Question: Discuss about the Dynamic Models of Oligopoly. Answer: Introduction The article chosen provides about the oligopoly behavior in the Trans-Tasman Air Travel Market of New Zealand. This air-route carries more than one million return travelers between Australia and New Zealand each year (Duval, 2013). Discussion Few firms mostly dominate an oligopoly market and the airline industry is considered as a part of the oligopoly market. The airline is industry is characterized as oligopoly as although there are few barriers to entry, it comparatively less than a monopoly market. As a there are less barriers to entry, it is not probable for predatory pricing to take place as the prospect to recuperate losses through earning monopoly rents is fictional. The purchase of airline industry is considered as an expansive transaction as it costs thousands of dollars. The willingness to pay for a ticket on a specified route differs from customer to customer. The Trans-Tasman Air Travel Market is an oligopoly market is characterized by the second-degree price discrimination. The competitive action in airline pricing emerges to be focused on exploiting the possibilities of the second form of price discrimination. In this case, surplus is extorted by attaching clauses to tickets. A model related to airline pric ing for a flight indicates a plane flying a particular route at a particular date. MV = 1 Q where MV is considered as the maximum enthusiasm to pay of the Qth keenest customer (Fudenberg Tirole, 2013). It can be concluded that the purchase of airline industry is considered as an expansive transaction as it costs thousands of dollars. References Duval, D. T. (2013). Critical issues in air transport and tourism.Tourism Geographies,15(3), 494-510. Fudenberg, D., Tirole, J. (2013).Dynamic models of oligopoly. Taylor Francis.

Environmental Accounting

Question: Part A: A Brief Background to the Organisation Give a brief background to the organisation and its activities, particularly in relation to CSR. The Management Accounting Systems and Techniques Employed Using your selected case study report, identify and explain the internal management accounting systems and techniques employed by the organisation in relation to social and environmental issues. Critical Analysis of the Internal Systems and Techniques Using the case study report and any other relevant information, critically evaluate the extent to which the companys internal systems and procedures demonstrate embedding of sustainable business practices within the organisation. Determine whether the organisation is operating more eco-efficiently as a result. Conclusions and Recommendations Based on your analysis, draw conclusions and make recommendations as to how the company could better embed sustainability within its DNA. Part B: A Brief Background to the Organisation Give a brief background to the organisation and its activities, particularly in relation to CSR. The Theory / Regulatory Framework Explain the key concepts / principles / criteria of your selected theory (stakeholder, legitimacy or accountability) or regulatory framework (GRI, CRF, AA1000 series). The Corporate Social Responsibility (CSR) Report Introduce the report. State the year. Give a brief description of the report e.g. length, content, main target audience (in your opinion), whether or not it has been externally verified (and if so, by who). Give any other information e.g. sustainability reporting award achieved? Critical Analysis of the CSR Report Using your theory / framework as a base, critically evaluate how well the company, through its CSR report, demonstrates a commitment to accounting for sustainability. Conclusions and Recommendations Based on your analysis and your knowledge of current developments in sustainability reporting, draw conclusions and make recommendations as to how the companys external reporting practices could be improved. Answer: Part: I Overview of the Association in the Context of CSR BT Group plc is one of the largest British multinational information transfers administrations organization with head workplaces in London, England, United Kingdom. It has business operations in more than 170 nation of the world. In addition to this, it should also be noted down that, due to increases pollutions and changes in the environment of the nations, BT plc is looking for changes in its operations and reduce the use of consumptions of electricity and power to reduce cost and protect the environment. Moreover, pressure from shareholders, employees, customers, communities and society played major role to encourage organization to go green and focused on environment sustainability (Cornelissen, 2011). BT plc is also looking for go green and reduces waste and pollutions to sustain environment. BT plc uses the green building and energy efficiency organization centre. BT plc is also looking for reduce risk through promoting improvements in innovation. Moreover, organizations engage in CSR activities and maintain connections between financial execution and social or environmental execution. BT plc has run the CSR activities as through improving energy efficiency, use green data centre, company nursery school, children welfare plan and proper renewable plan. The company is also encouraged young women to jobs in IT, engineering and natural science through run Girls Day program (Dhillon, 2002). Management Accounting Systems and Techniques Used by BT Group plc in Relation To Social and Environmental Issues In the current time, BT Group plc is using a variety of tools and techniques with a specific end goal to incorporate natural effects into administration choices. This rule concentrates on three such administration choice making methodologies: costing investigation, speculation examination and execution assessment (Shah, 2008). Costing Analysis: This is one of the major management accounting strategy used by BT Group plc to identify and measure environmental costs effectively. Allocation of Environmental Costs: BT Group plc is examining and executing frameworks that better amass and measure their past, present and future natural expenses identified with item costing. BT Group plc for the most part recognizes among three classifications of ecological expenses. These are expenses caused to react to: past contamination not identified with continuous operations; current contamination identified with progressing operations; and l future natural expenses identified with progressing operations (Solomon, 2007). Life-Cycle Assessment: By coordinating ecological considerations into their products and procedures now, BT Group plc is deliberately positioning them for the subsequently century, when aggressive environmental management will be an imperative for business survival. BT Group plc concentrates on conforming to government regulations as well as on diminishing their corporate natural effects. BT Group plc is additionally applying different techniques and methods that energize a far reaching assessment of all "upstream" and "downstream" impacts of their exercises or items. For instance, Life-Cycle Assessment (LCA) to help BT Group plc to assess the support to-grave ecological weights and opportunities connected with their items, techniques or exercises (Visser, 2011). For case, BT Group plc use LCA to help conquer any hindrance between enhanced representing existing inner ecological expenses and distinguish- of outside natural effects. Notwithstanding this, with the assistance of this procedure, BT Group plc distinguishes and evaluates ecological effects. This procedure assesses the natural impact of an item or movement comprehensively, by examining its whole life cycle. This incorporates distinguishing and evaluating vitality and materials utilized and squanders discharged to nature, surveying the ecological effect, and assessing open doors for development. In the same way, with the assistance of LCA, BT Group plc addresses natural effects in biological wellbeing, human wellbeing and asset exhaustion (Baumgartner, 2002). Hierarchical Cost Analysis: On the other hand, according to this, strategy, BT Group plc develops a hierarchical costing method in order to identify, track and monitor environmental costs for the organization. Activity-Based Costing: BT Group plc also used this costing as a part of request to allocate ecological expenses to items legitimately. With a specific end goal to get more exact and helpful data about their expenses, and given the weaknesses of customary expense bookkeeping frameworks, BT Group plc execute action based costing (ABC) for particular methodologies or frameworks that contain an expansive bit of the natural dangers and liabilities. It is on account of ABC is particularly important to ecological expenses due to the diffuse, long haul and less substantial nature of such a variety of natural expenses. Henceforth, utilizing ABC, BT Group plc distinguishes expense bearing exercises viably and to dispense expenses to individual items can help defend administrative choices (Lber, 2011). Quantification and Monetization of Externalities and full environmental cost accounting: BT Group plc has made a corporate duty to utilizing full ecological expense bookkeeping as a part of its choice making. For the utility, full natural expense bookkeeping is an instrument that can help incorporate ecological contemplations into business choices. Aviva plc's way to deal with full natural expense bookkeeping joins ecological and other inward expenses with information on the outer effects and expenses/advantages of the utility's exercises on nature and on human wellbeing (Paetzold, 2010). Investment Analysis and Appraisal: This is another management accounting technique and system that used by BT Group plc in relation to the social and environmental issues. For example, under this, different approaches are used by BT Group plc that offers significant improvements for environmental management. They include: Total Cost Assessment: According to this methodology, BT Group plc characterizes and evaluations venture expenses and profits. It is on the grounds that, Total expense appraisal (TCA) enhances the choice making procedure for venture investigation and examination by guaranteeing that the information assembled incorporate ecological expenses both immediate and roundabout and natural dangers. Moreover, it likewise helps BT Group plc to examine the long haul expenses and investment funds of contamination aversion ventures. It considers a more extensive scope of expenses than does conventional speculation examination, including certain probabilistic expenses and investment funds. TCA uses full ecological expense bookkeeping systems to appropriately allocate natural expenses and funds to all contending tasks, items or methodologies (Sauerbrey, 2010). Multi-Criteria Assessment: This technique is designed by BT Group plc to systematically assess choices as per numerous criteria that are in some cases measured on distinctive and/or non-commensurable scales. MCA is additionally utilized as a part of BT Group plc to analyze and assess "dissimilar to" natural and social effect data when the organization does not have a full scope of adapted effect information. For example, BT Group plc has utilized MCA to make exchange offs among ecological measures to recognize key pointers of natural effect/harm for consideration and assessment inside its corporate arranging procedure. BT Group plc additionally utilize MCA to think about and make exchange offs of ecological and different qualities. Risk and Uncertainty Analysis: BT Group plc is focused on completely incorporating ecological contemplations into corporate life and perceives the significance of coordinating natural estimations into their execution assessment frameworks. This guarantees that announcements of ecological obligation enunciated by the CEO and in corporate statements of purpose are appropriately actualized (Tsamenyi Uddin, 2009). Critical Analysis of the Internal Systems and Techniques The company improves the ecological and social aspects of sustainability through waste separation in potential recyclables, glass, etc. The company also focused on sensible use of printer, copying machines, air conditions and reduces consumptions of technical equipment to save power consumption and protect environment. In the same manner, BT Group plc is likewise utilizing diverse methods and in addition routines so as to finish CSR capacity. Case in point, there are different projects and exercises directed by the organization for the social viewpoints. Notwithstanding this, utilitarian support is likewise utilized by the organization as a part of request to backing the legitimate and controlled procurement of merchandise and administrations. Aside from this, managed and legitimate procurements are likewise trailed by the organization in a viable and fitting way (Brennan, 2011). Conclusions and Recommendations On the basis of above discussion, it can be conclude that the company follow different process and use innovative techniques in order to fulfill objectives related with the CSR. In addition to this, it can also be summarized and suggested that, the company could better embed sustainability within its DNA by using such techniques: Engaging, Signaling, Communicating, Managing talent, Reinforcing, Creating smart, integrated public policy, Build a national dialogue on responsible consumption, Communicate sustainability goals throughout the organization (Carroll, Lipartito, Post Werhane, 2012). Part: II A Brief Background to the Organization For this paper, Aviva plc is selected that is a British multinational corporation engaged in insurance business and its headquartered is in London, United Kingdom. At the same time, it should also be noted down that, it has more than 31 million customers in approximate 16 nations of the globe. Moreover, it is also found that, it is also known as the largest company in the UK market. In the same way, the company is providing insurance product and services at the international level by satisfying the needs, wants and desire of customers effectively (Pohl and Tolhurst, 2011). On the other hand, it is also analyzed that, the company is also fulfilling its functions associated with the CSR in an innovative and more proper manner. For example, Moreover, Aviva plc also focuses on improving the ecological and social aspects of sustainability without jeopardizing economic success. Application from women is always welcome in the company and the company announces that gender anti discrimination law followed during the hiring new staff. The company also raising awareness in between the employees related to ecological and social aspect of sustainability (Forster, 2005). The Theory / Regulatory Framework In the context of this research paper, GRI regulatory framework is selected. Along with this, it should also be noted down that, GRI is one of the main and worldwide not-revenue driven associations that create viable and important system in the zone of maintainability reporting. Then again, it is likewise observed that, this association additionally assumes a basic part in reassuring and propelling the utilization of manageability reporting. For example, this free association conducts particular tenets on improvement and making of supportability so the association can consider it in their business exercises. In the same way, this association proposes the organizations that they ought to consider four territories of execution, for example, ecological, monetary, administration and social (GRI. 2014). In the same way, GRI leads and make standard regulations and practices in the setting of manageability reporting which serves to support and direct change towards a supportable overall economy. A possible overall economy should combine long term advantage with good lead, social value, and common planning. A manageability report is a report circulated by an association or relationship about the monetary, environmental and social impacts brought on by its standard activities. A manageability quality report similarly displays the affiliation's qualities and enactment illustrates, and demonstrates the association between its system and its commitment to a viable overall economy (GRI. 2014). The Corporate Social Responsibility (CSR) Report In the context of CSR, the company introduces the CSR report in more than one eighty six pages that describe major CSR functions, initiatives and other elements for the protection of green environment. It also focuses on sustainability accounting. In addition to this, the main target audiences of the company are customers, stakeholders and employees that play a major role in the total success of the company. On the other hand, it is also found that, the company also receives Tech4Good Awards 2015, European Sustainability Reporting Award, and Building Public Trust Award for sustainability reporting award (Idowu Filho, 2008). Critical Analysis of the CSR Report The Global Reporting Initiative (GRI) standards are used by AVIVAplc to assess the monetary execution and corporate social obligation execution. Also, it is additionally observed that, AVIVAplc deals and income is consistently expanded that demonstrates its great budgetary execution in the business. Additionally, in late time the AVIVAplc likewise concentrates on corporate social obligation and spotlights on representatives, individuals and society before taking the choice. It additionally considers the enthusiasm of all partners before making the strategy and method of the business that demonstrates to it attempt to satisfy its CSR. It appropriately takes after the Law, code of practices and morals identifies with business while run business and actualize any strategy that shows that AVIVAplc execution is likewise great regarding CSR (Global Reporting Initiative, 2013). In addition, it is also focusing on employees and providing those sufficient wages and good working environment (K einert, 2008). Moreover, AVIVAplc adopts several practices to express its social and environmental accountability. These practices are discussed as below: Society Relation: AVIVAplc implements community relation practices to display its social environmental accountability in an effective way. In addition, AVIVAplc struggles to achieve social sustainability via maintaining a strong relationship with the society of the country. AVIVAplc also encourages its workers to work cheerfully for the welfare of the society. It also adopts an unambiguous policy to uphold its society relationships. Furthermore, AVIVAplc hubs on three community issues such as: Indigenous, Disaster assistance, Microfinance and also implements various strategies to solve this issues in an appropriate way (Mallin, 2009). Environmental Sustainability: It is also the other practice that expresses social and environmental accountability of AVIVAplc. In addition, AVIVAplc focuses to realize sustainability in relation of the climate amends, stream and biodiversity effectually. The company has a policy that is helpful to renovate its system to a low carbon economy in futures. It also has several specific policies, governance facsimile partnerships to diminish carbon secretion in an appropriate way. Moreover, AVIVAplc also has numerous specific strategies to deal with risks other issues that are associated to climate change, rivulet and biodiversity. Building approach of climate risk management, diminishing straight footprint on the environment, environment congenial product service, etc. are the other areas in which these adopted strategies play a vital role to exhibit social environmental accountability of AVIVAplc (Mullerat and Brennan, 2005). Sustainability in the Work: AVIVAplc considers sustainability objectives and its activities in all stages of the business for the effective operation of the business activities. For example, banking and investment product and services are the major areas of the business. In addition, AVIVAplc implements precise principles to certify liability in lending from the banking as well as investment areas of the business. It also considers the credible collapse of the investment on the atmosphere. Apart from this, the company also presents products as well as incentives to the customer to be alert of environmental issues in an appropriate way (Perez Leonard, 2013). Sustainability Strategy: AVIVAplc also implements sustainability strategy in all phases of its business to express its social environmental accountability in an appropriate proper manner. Apart from this, the companys sustainability strategy also nucleus on the emerging issues and also includes sustainable wealth construction, cultural demographic amendment and environmental disputes, etc. to remove the environmental issue and to improve the social and environment accountability of the business organization effectively. Hence, AVIVAplc has been espouses several steps to accomplish sustainability and to expose its social and environmental accountability in a proper way (Samson Daft, 2012). Conclusions and Recommendations On the basis of above analysis, it is recommended that, in order to improve a companys external reporting practices, it should develop and use innovative strategies in relation to the CSR and sustainability. In addition to this, the companies should also focus on sustainability of the organization to prevent the risks of the business and also increase the revenues of the companies. Moreover, the company should also focus on the concept of corporate social responsibilities and sustainability to recover social environmental recital of the business organizations in a proper way (Baumgartner, 2002). References Baumgartner, M. (2002) Corporate Social Responsibility and Corporate Citizenship - Business Brennan, S. (2011). Corporate Social Responsibility: The Corporate Governance of the 21st Century. USA: Kluwer Law International. Carroll, A.B., Lipartito, K.J., Post, J.E. Werhane, P.H. (2012). Corporate Responsibility: The American Experience. UK: Cambridge University Press.concepts for the future!?. USA: Diplomarbeiten Agentur. Cornelissen, J. (2011). Corporate Communication: A Guide to Theory and Practice. USA: SAGE. Dhillon, G. (2002). 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