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With a green logo and a slogan of 'We create better experiences together for a better tomorrow', Woolworths has been marketing itself as a leader in sustainability to create a positive impact for the planet. In the last few years, Woolworths has been publishing annual sustainability reports where Woolworths introduced its strategy to build a sustainable business, via actions such as green electricity usage, food waste reduction and reduced carbon emission. Discuss what is sustainability reporting and in your opinion whether sustainability reporting is important and why. Further, identify 2 primary users of Woolworth's financial report, and critically analyse why and how Woolworth's sustainability reports can complement the decision-making of each of these primary users. (5 marks) With a green logo and a slogan of 'We create better experiences together for a better tomorrow', Woolworths has been marketing itself as a leader in sustainability to create a positive impact for the planet. In the last few years, Woolworths has been publishing annual sustainability reports where Woolworths introduced its strategy to build a sustainable business, via actions such as green electricity usage, food waste reduction and reduced carbon emission. Discuss what is sustainability reporting and in your opinion whether sustainability reporting is important and why. Further, identify 2 primary users of Woolworth's financial report, and critically analyse why and how Woolworth's sustainability reports can complement the decision-making of each of these primary users. (5 marks)
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Sustainability reporting is the practice of publicly disclosing an organizations economic environmental and social performance as well as its commitments and initiatives related to sustainable develop... View the full answer
Related Book For
Business Ethics Ethical Decision Making and Cases
ISBN: 978-1305500846
11th Edition
Authors: O. C. Ferrell
Posted Date:
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