Question

Question 1. AGL ENERGY AND Newcrest mining lmited, Based on your two chosen companies, you should compare and contrast in a report on their GRI or integrated reporting output and objectives and make a judgement on whether the companie's sustainability reports reflect the princliples of the GRI/IR.(1000 words) search on google about their sustainanbility report

Question 2. From above chosen company, Choose one of the companies identified by the group and explain why you think the chosen company is ethical or not, based on either utilitarian or dentological/duty-based ethics theories. your answer should consider both actions chosen company reports that might be viewed as ethical, and actions your chosen company reports that might be viewed as unethical.(1000 Words)

Answer 1

Answer 1)

Disclosure reference	Response or link	Reason(s) for omission(s)
Name of the organization	AGL Energy Limited	-
Activities, brands, products, and services	AGL sells gas and electricity and related products and services to around 3.6 million customer accounts in Australia. Refer to our Asset map and our website for further information.	-
Location of headquarters	AGL's head office is located at L24/200 George Street, Sydney, NSW, 2000. Refer also to the Contact us section of the AGL website	-
Location of operations	AGL operates in Australia. AGL outsources some functions to organisations located within India and the Philippines, but has no direct employees in these regions.	-
Ownership and legal form	Shareholding information is included in the 2018 Annual Report	-
Markets served	AGL sells gas and electricity to customers in New South Wales, Victoria, South Australia and Queensland, and gas to the Western Australian gas market. AGL services residential, business, commercial and industrial, and wholesale market segments. Refer to the Energy sold and Consumer and business markets by state and fuel type charts for further information.	-
Scale of the organization	Total number of employees is reported in Employees by location. Operations are displayed on the Asset map. Key financial data (including revenue, market capitalisation, net debt and equity) is available in the Financial performance summary. The quantity of energy sold is available in the Energy sold chart.	-
Information on employees and other workers	The Employees by employment status chart shows a breakdown of permanent versus fixed term and full-time versus part-time employee by gender. This information is not broken down by region, however the Employees by location chart provides a breakdown of all employee types by location and gender. The number of hours worked by contractors versus the number of hours worked by employees is available in the Health and safety - contractors and Health and safety - employees charts respectively. There have been no significant variations in employee numbers during FY18. Footnotes provided for each chart detail any relevant assumptions.	The number of employees is separately broken down by contract type, location, employment status and gender. Providing additional combinations of breakdowns is considered not applicable to our organisation, as these disclosures do not cover the specific impacts that make the topic material.
Supply chain	Information on AGL's supply chain is available in the Contractor and supplier management section and the Supplier profile chart. AGL's supply chain extends to in excess of 5,000 vendors with spend of ~$5.4B in FY18. AGL has embedded sustainability principles into our sourcing and procurement processes via our Sustainable Procurement Program. The program aims to: Embed sustainability principles into our procurement processes and activities Influence our suppliers to operate in accordance with AGL’s sustainability values Support AGL’s Sustainability targets Encourage fairness, openness, transparency and non-discrimination amongst AGL’s supply base Improve governance, reduce risk and ensure responsible labour practices are embedded in our processes Ensure compliance to Occupational Health and Safety laws & regulations and manage our environmental and social impact. Products and services procured include technology, business services and operations.

Company - NEW CREST MINING LIMITED:

NCM Statistics & Shares :

Day		Year		Ratios
Open	32.360	Previous close	32.260	P/E	30.990
Day high	32.490	52 week high	38.870	EPS	1.041 AUD
Day low	31.610	52 week low	20.180	Annual dividend yield	0.99
Daily volume	2,240,313	Average volume	3,131,702
Bid	31.600
Offer	31.690
Number of shares	768,843,214

Annual dividends
	12/2016	12/2017	12/2018	12/2019
Dividend amount	0.10	0.19	0.25	0.32

	Div amount	Ex div date	Record date	Payable	% Franked	Type
NCM	15.050c	28/08/2018	29/08/2018	05/10/2018	100%	Final US11C FR@30%;DRP NIL DISCOUNT
NCM	10.472c	20/02/2019	21/02/2019	22/03/2019	100%	Interim US7.5C FR@30%; DRP N IL DISCOUNT
NCM	21.462c	22/08/2019	23/08/2019	26/09/2019	100%	Final US14.5C FR@30%; DRP NIL DISCOUNT

Answer 2)

AGL are very strong on spruiking their 'environmental credentials'. Are they as green as they would have us believe.

• What AGL are doing right now:
  • AGL's existing polluting 'assets';
  • AGL's existing initiatives in renewable energy.
• What they could be doing:
  • There are coal-fired power stations they could shut-down;
  • They could be doing much more in changing from fossil fuel power generation to renewables.
• What negatives do AGL have in their record?
• They own and/or run fossil-fuelled power stations that produce more greenhouse gasses than any other company, see AGL's shame, below;
• AGL lobbied to reduce or remove the Renewable Energy Target;
• They are 'sitting on' wind farms projects in areas with high potential that could be developed, stopping other companies from developing them – for example Barn Hill, which is adjacent to Snowtown, the most productive wind farm in Australia.
• What positives do AGL have in their record?
• Big solar farms at Nyngan (102MW) and Broken Hill (53MW);
• A solar power with battery trial in Adelaide, involving up to 1000 batteries in homes with solar power, claimed to be "the world's largest virtual power plant";
• AGL has interests in several wind farms: Macarthur (420MW), Oaklands Hill (63MW), Hallett (351MW), Wattle Point (91MW) and in May 2017 they commenced construction of Silverton. They have proposed a wind farm at Coopers Gap, but that's just talk at the time of writing (2017/04/29);
• AGL has committed to close down all their coal-fired power stations – by 2050; far later than they must be shut down if disastrous climate change is to be averted!