Understanding the interaction between climate change and business

173 views 10:43 am 0 Comments June 12, 2023

Topic: Understanding the interaction between climate change and business (the role of the big polluters) Assignment Overview: Business and climate change have a paradoxical relationship. Numerous organisations contribute to our changing climate through their emissions, while many innovative and forward-thinking organisations can offer climate solutions through innovative mitigation and adaptation strategies. In Australia, the big energy companies and oil and gas producers top the list of big polluters. For this assessment you will first outline the two-way relationship between business and climate change, then choose one of Australia’s top ten Co2 emitters as per the Clean Energy Regulators reportLinks to an external site., and evaluate its business strategies and operations as they relate to climate change. You should first outline the two-way relationship between business and climate change, exploring the impact on various stakeholders, including business and society and the natural environment. You should then outline the emissions associated with your chosen organisation (and industry) and identify any associated impacts, trends, etc. Importantly, you should then the specific climate change mitigation and adaptation initiatives currently implemented by your chosen organisation and the impact (actual or potential) that these have on key stakeholders. You should then discuss how these strategies and actions impact upon the organisation’s profitability and sustainability, and examine how the organisation reports on, and communicates, its climate change related activities. Finally, you should provide original recommendations to help the organisation mitigate its impact on the climate by reducing emissions. Suggested Report Structure (please use descriptive and engaging headings in CC Express): Executive summary (not included in total word count allowed) Title Contents Introduction (approximately 20% of the total word count). Explain the purpose and structure of the report Outline the interaction of business and climate change and Provide an overview of the selected organisation, its emissions, and overall impact on climate change Main discussion and analysis (50% of the total word count). Analyse and discuss the two-way interaction between business and climate change (providing suitable referenced examples) Provide a critical analysis of your organisation (and industry) Provide an overview of the organisations business model and operations Identify and categorise key stakeholders (using relevant academic theory) Outline the organisations broader sustainability and CSR agenda Discuss specific CC impacts and considerations and outline existing CC mitigation and adaptation strategies Investigate the impact of these CC initiatives on various stakeholders and discuss how this relates to organisational performance and sustainability Outline how the organisation reports on these CC initiatives, in terms of financial and ESG performance. Conclusion (approximately 10% of the total word count). Discuss the organisational implications of engaging with climate change for your chosen organisation and what this may or may not mean for their sustainability and competitiveness in the long term. Recommendations (approximately 20% of the total word count). Outline 2-3 key mitigation and/or adaptation strategies the organisation could implement to reduce their climate impact (e.g. reduce emissions) Explain what impact these strategies will have on key stakeholders Explain what impact these will this have on the organisation’s profitability and sustainability long term References (excluded from the word count). Related learning outcomes This assignment assesses the following unit learning outcomes: ULO1 Demonstrate an advanced understanding of sustainability and social impact issues and trends in relation to business and its connection with government and civil society ULO2 Analyse the nature of business and economic processes considering various stakeholder perspectives of sustainability and social impact ULO4 Communicate using a variety of digital technologies Submission Guidelines: Your report must be completed using Adobe CC ExpressLinks to an external site. Swinburne students have full access to the Adobe suite, and you can login with your Swinburne credentials. Please note, 2 submissions total are allowed for this submission, to enable students to review their Turnitin report prior to final submission. There is also a student Canvas Organisation for the Adobe Hub which offers online support, training and access to Digital Coaches. (Enrol in Adobe Hub Organisation here) Please see the following video for further information on using Adobe CC Express (Page)Links to an external site. Minimize Video . Here is a simple example of a webpageLinks to an external site. I created using Adobe CC Express (formerly Spark) back in 2020. Your submission should comprise of the following two parts: Part 1: PDF document (Print webpage and submit as PDF) This provides a snapshot of your work and enables a Turnitin review. Part 2: URL Link to CC Express webpage, to be marked. (Copy and Paste the link to Adobe CC Express Page in comments section)