Contents
Executive summary 2
List of Tables 3
Introduction 4
Application of Voluntary Guidelines 4
Strategy and Analysis 5
Organizational Profile 5
Identified Material Aspects and Boundaries 6
Stakeholder Engagement 6
Report Summary 7
Governance 7
Ethics and Integrity 8
Assessment of Observance of Guidelines Related to Sustainability Reporting Framework 10
Conclusion 12
Bibliography 13
List of Tables
Table 1GSI Standards and Gap Analysis in FLT Annual Report 2015 8
Description
This report is based on the following requirement -
In recent years directors and CEOs of companies have been placing more importance on holistic reporting of company activities rather than simply reporting what is required by the Accounting Standards, the Corporations Act and other legislation. The Global Reporting Initiative is an international not-for-profit organisation that has pioneered and developed the world’s most widely used voluntary Sustainability Reporting Framework.
www.asx.com.au/documents/public-consultations/global-reporting-initiative-and-sba-submission-15Nov13.pdf
(http://www.asx.com.au/documents/public-consultations/global-reporting-initiative-and-sba-submission-15Nov13.pdf)
In 2013 the fourth iteration of the Sustainability Reporting Framework guidelines were released. These can be accessed via the link below. www.globalreporting.org/resourcelibrary/GRIG4-Part1-Reporting-Principles-and-Standard-Disclosures.pdf (http://www.globalreporting.org/resourcelibrary/GRIG4-Part1-Reporting-Principles-and-Standard-Disclosures.pdf)
Required
Page 12 of 31With specific reference to Section 5.1 of the Sustainability Reporting Guidelines your task is to write a report that:
• Applies gap analysis to analyse how applying these voluntary guidelines might alter the information presented in the Flight Centre 2015 Annual Report (5% for the application of gap analysis, 10% for the interpretation of the analysis ) • Evaluates whether and how complying with the Sustainability Reporting Framework guidelines would benefit potential investors and shareholders (5% )
The report is to be 2,000 – 2,500 words in length and presented in a standard business report format comprising an:
• Executive summary • Table of contents • Introduction • Body
• Conclusion.
This assignment requires individual research. The links below are provided to get you started on your research. Please note you may be required to register to access the materials.
www.globalreporting.org/network/regional-networks/gri-focal-points/focal-point-australia/Pages/default.aspx
(http://www.globalreporting.org/network/regional-networks/gri-focal-points/focal-point-australia/Pages/default.aspx)
www.globalreporting.org/information/sustainability-reporting/Pages/default.aspx
(http://www.globalreporting.org/information/sustainability-reporting/Pages/default.aspx)