Background A business has a legal and ethical responsibility to act responsibly.

Background A business has a legal and ethical responsibility to act responsibly. The term corporate social responsibility (CSR) and corporate citizenship are often used to describe the broad social, economic and environmental responsibilities a business has to the broader environment. Organisations need to examine day-to-day operations for opportunities to improve the conservation of resources. This means considering the immediate impact of business operations and the long-term impact that its systems and processes have on the natural world. A sustainability policy needs a scope, framework and clearly defined actions, etc., but how do the frameworks, standards and legal requirements all fit together? Frameworks To help with policy development and work out what your policy needs, you can use a framework. Typically, large companies such as those that are publicly listed will use a framework. Tasks This assessment requires you to research WOOLWORTH GROUP sustainability policy and identify the framework used from the list below: • GRI (Global Reporting Initiative) • TBL (Triple bottom line) • CERES • Natural Step. Research and discuss which framework WOOLWORTH GROUP uses. Discuss the positive and negative points of using such a framework by WOOLWORTH GROUP. How does it help Corporate Social Responsibility (CSR) of WOOLWORTH GROUP? What is the policy development challenges of WOOLWORTH GROUP using such a framework? If WOOLWORTH GROUP uses other sustainability frameworks, what would be the possible positive and negative points. Criteria Ensure you (discuss): – Provide a clear introduction where you state your point of view. – Use the essay’s Body to identify and apply relevant management theories and address your point of view. – Be sure to address all aspects of the criteria within your essay. You must sequence the flow of ideas/arguments to present a coherent and justified opinion. – Research the sustainability framework of the example company. Ensure you define the critical parts of the framework. – Why would a company use this framework, and how does it help its policy development? – Use the list of sustainability frameworks provided and discuss if the example company uses other sustainability frameworks. What would be the advantages and disadvantages of using such a framework (include theoretical justification of the arguments you make). – Use at least five sources (including academic references) to justify the arguments included in the essay (you are encouraged to use as many as possible). – Provide a clear Conclusion restating your key arguments and point of view. – Full in-text referencing citing at least five sources (including academic) and a Reference list using the Harvard referencing style. Requirements • Present this research via a 1000-word essay

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