Question

sustainability/Corporate responsibility analysis assignment.

list two publically company that compete in an industry and answer the following:

a) busines name, headquarters location

b) list the key stakeholders the business is acountable to or interested in

c) describe the sustainability efforts the business is currently investing in and which stakeholders each effort is focused toward

d) does the business differentiate sustainability from corporate responsibility?

e) What message do you think the business is trying to communicate to you, as a consumer/citizen, through these efforts? Be specific, share examples that describe where/how this message is being communicated…and why!

f) What do you believe is the most positive aspect of these efforts? Why?

g) What aspect(s) of these efforts could produce negative impact? Why?.

h) What advice would you give the decision makers of this business to improve their reputation/stakeholder engagement?

i) What can you determine about the financial health of the business based on what you have read on their website or in the press?

j) Do their sustainability/CR efforts contribute to the financial health of the organization? How?

k) What have you learned about CSR that influences you most as a prospective employee by completing this assignment? Why?

Answer 1

A.

Two public companies : Indian Oil corporation and Bharat Petroleum compete in Petroleum and Natural Gas services. Their headquarters are located in New Delhi (INDIA) &Mumbai (INDIA) respectively.

B.

KEY STAKEHOLDERS OF INDIAN OIL CORPORATION

Shareholders, Employees, Government Bodies, Financial Institutions, Joint Ventures, Dealers and Distributors

KEY STAKEHOLDERS OF BHARAT PETROLEUM

Government , Foreign Portfolios Investors, Insurance companies and shareholders.

C.

SUSTAINABILITY EFFORTS OF INDIAN OIL CORPORATION

• The company takes efforts to reduce emissions, save water and offer green fuels to protect the environment.
• Company uses solar power than conventional energy sources.
• Due to it's PAN - INDIA presence, company takes conscious steps to stay abreast of government schemes at national level.
• It has developed digital applications for ease of customers and employees.
• It has developed various development skill centres across the country to help people.
• They maintain the healthy and safe environment around the workplace.
• There is a continuous effort to utilize renewable energy within the plants and in the supply chain spanning retailers and distributors.

SUSTAINABILITY EFFORTS OF BHARAT PETROLEUM

• The company has taken steps to reduce emissions and has taken green initiatives like rainwater harvesting.
• Their efforts in using renewable energy/bio fuels and pipeline networks has reduced carbon footprint .
• Their priority is to enhance energy and operational efficiency with improved technologies.
• They are serving communities by providing benefits of education to underprivileged children.

Mainly efforts of both the companies are directed towards environment ,their supply chain and community.

D.

NO, both the companies don't differentiate much  between CSR and Sustainability. They both have policies for contributing to society as well as developing sustainable strategies for the future under the same notion.