This assessment task builds on Assessment Item 2 (Strategy, Product Mix & Tactical Decisions) and continues your consideration of the application of strategic and sustainable management accounting concepts and practices to Luxottica Group.

Question 1 - Sustainability (20 marks)

As the world's largest eyewear company, Luxottica Group impacts the environment and society in various ways. Luxottica Group recognises these impacts and is committed to a sustainable approach across their value chain.

Required

The management of Luxottica Group has appointed you to prepare report which reviews the group's current sustainability strategy, objectives and sustainability performance indicators. Key report contents includes:

1. an overview of three key ways in which the firm impacts the environment. This discussion should be backed by relevant research and a deep understanding of the environmental impacts of the firm's products and value chain (5 marks).
2. an overview of three key ways in which the firm impacts society. This discussion should be backed by relevant research and a deep understanding of the firm's stakeholders and social impacts across the firm's value chain (5 marks).
3. a critique of the firm's current sustainability objectives and sustainability performance indicators. Suggest possible ways in which these objectives and performance indicators could be enhanced. Provide relevant examples to support your discussion (5 marks).

Using APA referencing, this report must be supported by reference to a range of relevant academic and other research sources (5 marks for academic writing).