What is meant by the term sustainability

Assignment Help Accounting Basics
Reference no: EM132565483

Question - "It is through the power of partnerships that we will be able to amplify our impact and deliver on our bold ambitions to become a more sustainable business. Working together to drive change has helped us achieve many of our results this year. With our customers we have removed over 3 billion single-use plastic bags from our environment. With our team members we are creating an inclusive culture that values diversity in all its forms. With our suppliers we are working together to safeguard the rights of the workers in our supply chain. With our community partners we are changing the lives of Australians and New Zealanders in need. With our shareholders we are creating sustainable long-term value. We are proud of our achievements, but we need to, and want to, do more to make things better. Better for everyone." Source: Woolworths Group Sustainability report, 2019)

Required -

a) What is meant by the term sustainability and explain its 3 aspects? Include an example illustrating your comments.

b) Based on the information from the sustainability report above, explain the Woolworths Group approach toward different aspects of sustainability and explain how they link to the 3 aspects discussed in part(a).

Reference no: EM132565483

Questions Cloud

How many scarves should the company sell each day : $85 to rent vending space for one day. The variable costs are $12 per scarf. How many scarves should the company sell each day in order to break? even?
Calculate the compound interest charged per-annum on loan : A loan of $500 is to be paid with two payments of $300, one in 3 months, and another in 6 months. Calculate the compound interest charged per-annum on the loan
Determine what is the contribution margin per unit : The variable cost per passenger is $20?, and tickets sell for $50?, what is the contribution margin per unit and contribution margin? ratio?
What will total maintenance costs be : What will total maintenance costs be if the machines are run for? 16,500 hours? Runaround Corporation sells running shoes and during January
What is meant by the term sustainability : What is meant by the term sustainability and explain its 3 aspects? Include an example illustrating your comments
Biblical model of government and statesmanship : Discuss the key areas and debates in the current social policy arena. Evaluate the above with a Biblical model of government and statesmanship.
Calculate the estimated doubtful debts under each method : Calculate the estimated doubtful debts under each method and advise the owner of Geek Tech Solutions which method would be more appropriate for adoption
Consequences of el nino to be for marine food chains : What would you expect the consequences of El Nino to be for marine food chains?
Which have a full market value of million : Which have a full market value of £16 million, but are held in the books at cost of £12 million, for a reduced figure of £14 million. Which statements is true?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd