Apply corporate sustainability practices in a real-world

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Reference no: EM133705177 , Length: word count:1800

Governance, Ethics and Sustainability

Assessment - Risk and Sustainability Consultancy Report

Your Task
Analyse a [fictitious] corporate governance scenario and then prepare responses to address the questions on corporate matters including governance, sustainability, and risk management.

Assessment Description
Preparing well written responses for a sophisticated audience such as a corporate board on fundamental topics like corporate governance, sustainability, and risk management practices, is an important capability for business managers. This assessment provides students with the opportunity to consider these matters for a fictitious company.

Learning outcome 1: Evaluate the success (or lack thereof) of an organisation's governance responsibilities

Learning outcome 2: Analyse the sustainability initiatives practiced within organisations and determine their effectiveness in meeting corporate and ethical objectives

Learning outcome 3: Apply corporate sustainability practices in a real-world example and examine their appropriateness in a variety of contexts

Assessment Instructions

Read the Case Study document which will be made available on Monday, Week 10, in MyKBS under the Assessment 3 tab. This document describes a fictitious company.
Prepare short, focused responses to each of the questions given in the Case Study.
Include at least five academic references from academic journals and textbooks, as well as full details of informational sources you consulted as part of your assignment research.

Case Study - FIFO Finders Pty Ltd

Your Task:
Roger and Jay are asking you to advise them on how to proceed with these challenges. They understand that they need to be a responsible business and to have appropriate risk management, governance and sustainability approaches in place. Even better, they would like to be leaders in this field. Your task is to assist them in this quest.

Applying the ASX principles
Choose ONE of the three principles discussed above and discuss why this principle will be important to the success and good governance of this company. Explain steps FFF can take to embrace the proposed ASX principle. (8 marks) (500 to 600 words).
Risk management and mitigation

Using the risk matrix model, select and describe FOUR risk management issues this company and its clients are likely to face, and discuss how the top TWO risks could be managed. You can use the suggestions provided, but you must include your own research, thoughts and ideas.
Classify each identified strategy according to whether it is an example of:
Avoidance Reduction Sharing Retention
Or some combination of these. (500 to 600 words).

Social Sustainability Analysis
Select any TWO of the four social sustainability issues named above that are relevant to this company. Describe practical ways that the company could address them. (500 to 600 words).

Reference no: EM133705177

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