Prepared by Kazi Islam, Unit Coordinator – ACCT20074 Term 2, 2019 ACCT20074 Contemporary Accounting Theory Term 2 Assessment XXXXXXXXXX (Practical report - Major assignment) Basic information: Nature...

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Corporate Sustainability Report
Executive Summary
This report focuses on corporate social responsibility and other aspects related to a firm in terms of financial objectives. Corporate social responsibility is a term that defines the principle which is implemented to meet the goals and objectives of human development. In this report, the discussion on the researches that have been done on corporate social responsibility will be done. Kogan is the organization that has been chosen for the analysis and detailed understanding of the performance, financial objectives and outcomes. The assignment has been divided into two parts wherein the first part, the discussion will be done on the CSR and in the second part, the discussion will be done on the company's performance.
Table of Contents
Introduction    4
Part A    5
Why corporate social responsibility is gaining heightened importance for firms operating with financial objectives    5
Explain whether sustainability reporting in contrast with relevant other reporting concepts represents a holistic view of corporate social responsibility.    6
Identify and explain two theories that better explain the essence (spirit) of sustainability reporting.    7
Legitimacy theory    7
Theory of Planned Behavior    8
Part B    9
Introduce the selected company with an overview of its history, ownership, governance and financial performance.    9
Prepare a sustainability reporting (disclosure) scoring indexaccording to the Global Reporting Initiative (GRI) guidelines    11
Explain the extent and quality of sustainability reporting of a selected Australian company (case) against the sustainability reporting (disclosure) scoring.    13
Conclusion    15
References    16
Introduction
Corporate social responsibility is known to be one of the models which are self-regulated and helps the company to be socially accountable to its stakeholders, to itself and to the public. Practicing corporate citizenship, companies are aware of the impact they are having on the environment in all aspects which includes the society in a social, economic and environmental manner. This report centers around corporate social duty and different perspectives identified with a firm regarding budgetary destinations. Corporate social duty is a term that characterizes the rule which is actualized to meet the objectives and targets of human advancement. In this report, the exchange on the looks into that has been done on corporate social duty will be finished.
Part A
Why corporate social responsibility is gaining heightened importance for firms operating with financial objectives
Practicing corporate citizenship helps the company to bolster its image and also help the brand to be built. Social Responsibility makes the employees understand and leverage the resources that are related to the corporate and the disposals from their end to be good. Programs like formal corporate social responsibility programs help to boost the morale of the employee which also encourages the employee to maintain and increase​ the productivity in the workforce. It is also a proven fact as per the researches that have been done on several companies performance and their values that maintaining and practicing the social corporate responsibility plays a vital role in building the brand and the value of the company. An employee is a valuable asset to the company who helps the company to grow by putting in the efforts that are required. But to increase productivity, to maintain the environment across the company and to bolster the image of the company, it is important to contribute towards the environment, for which one needs to follow the corporate citizenship. Rehearsing corporate citizenship causes the organization to reinforce its picture and furthermore help the brand to be fabricated.
Social Responsibility causes the representatives to comprehend and use the assets that are identified with the corporate and the transfers from their conclusion to be great. Projects like formal corporate social duty projects help to support the confidence of the representative which additionally urges the worker to keep up and increase​ the efficiency in the workforce. It is likewise a demonstrated truth according to the examines that have been done on a few organizations execution and their qualities that keeping up and rehearsing the social corporate duty assumes an essential job in structure the brand and the estimation of the organization. A worker is an important resource for the organization who causes the organization to develop by placing in the endeavors that are required. In any case, to build profitability, to keep up with nature over the organization and to reinforce the picture of the organization, it is imperative to contribute towards the earth, for which one needs to pursue the corporate citizenship (Seele, 2016).
Explain whether sustainability reporting in contrast with relevant other reporting concepts represents a holistic view of corporate social responsibility.
In order to understand the importance of sustainability reports for Corporate Sustainability Report, it is needed to understand what is a sustainability report. A sustainability report is none of the reports that are being published by the companies and organizations every year to understand what all impact the company is having on the environmental, social and economic factors. This report is the key platform that helps to communicate on sustainability performance and impacts which can either be positive or negative (Trireksani, 2018). The importance of the sustainability report is that this helps the company to understand the performance of the company and also understand what all risk or issues might arise. This report can also be termed as a risk management tool which helps the company to get an idea about the risk that might arise in future and the company could come up with some plans to overcome the risks. A manageability report is none of the reports that are being distributed by the organizations and the associations consistently to comprehend what all affect the organization is having on the ecological, social and financial elements. This report is the key stage that imparts on manageability execution and effects which can either be certain or negative. The significance of the maintainability report is that this encourages the organization to comprehend the presentation of the organization and furthermore comprehend what all hazard or issues may emerge. This report can likewise be named as a hazard the board device which causes the organization to get a thought regarding the hazard that may emerge in future and the organization could concoct a few intend to conquer the risks (Rezaee, 2015).
Identify and explain two theories that better explain the essence (spirit) of sustainability reporting.
As mentioned above, sustainability reports work as a risk management tool for the companies which let them know about the risk...