AFA S2 2020

Homework 2

Report (Sustainability/ Integrated Reporting)

Weighting: 20%

Type: Individual

Length: 1,500 words, +/- 10% (excluding reference list)

Submit to: Turnitin via Blackboard (instructions will be provided on Blackboard). Hard copy is not required.

You are the chief financial officer of Superior Paint Company, a company that manufactures paint and paint products in a large township. Chemicals used in the production process are disposed off in compliance with environmental regulations but some of the components of the products such as solvents, monomers and softening agents still present serious ecological risks. The company provides regional employment. The chief executive officer has asked you to prepare a report on whether the company should engage in social and environmental reporting.

REQUIRED:

Write a report that covers the following:

a) Explain what social and environmental reporting is, why it is important, why it is different from traditional financial reporting and how the information is disseminated to the various stakeholders;

b) Identify and explain the potential costs and benefits for the company to produce a social and environmental report; and

c) Recommend to the chief executive officer whether Superior Paint Company should engage in social and environmental reporting and provide two supporting reasons with reference to the GRI Framework.

Important:

Support your discussion with references to literature from authoritative sources such as journal articles.

Your report should be referenced using APA 7th Ed. Style

Additional information for the report will be provided on Blackboard.

Your report will be graded using the marking criteria uploaded on Blackboard