Tuesday, April 23, 2019
Corporate Social Responsibility of Qantas Airline Case Study
Corporate Social Responsibility of Qantas air duct - Case Study ExampleThis research tells that Corporate Social Responsibility aligns the corporate actions and activities to the government rightfulness and ensure the business model is ethical. The goal of Corporate Social Responsibility is to embrace responsibility for the companys actions and to pass on the positive impacts through its activities on the environment, consumers, employees, communities, and stakeholders. This report will analyze the implemented CSR policies of Qantas Airways and assess their effectiveness to take root whether the practice has helped the organization in achieving its goals and objective. According to Qantas Airway Limited Website, Qantas was established in 1920by Paul McGuiness, Hudson Fysh, Fergus McMaster and Arthur Baird. after(prenominal) almost 91 years of growing and developing, Qantas nowadays is widely regarded as the worlds leading long outgo airline and one of the strongest brands in Au stralia. It employs approximately 32,500 employees and offers services across a network spanning 182 destinations over 44 countries. The main business of Qantas is the transportation of passengers, with two main brands, Qantas and Jetstar operate the total passenger fleet of 252 aircraft. For the in force(p) year ended 30 June 2010, Qantas reported at a lower placelying profit before tax of $377 million. Net win after tax was $116 million. In Qantas, at that place is a corporate governance framework that plant life under the Safety, Health, and Environment Security Committee (SESC). This is a mature of oversight that was introduced in 1994 is found at Qantas.com. Currently, the board has six members with each having his or her rank. There is the chief executive officer of the board and five fissiparous non-executive officers. The board has laid down a charter that is available on their website. The charter talks more(prenominal) of their objectives, visions, and missions. Th e SESC has its objectives that are all aimed at assisting the board in performance the SESC also assists the board on issues concerning safety, health, certification matters, and the environment. They aim at making the working environment to be conducive to working. The SESC also deals with risk anxiety, which in any business, is one of the areas that require a lot of concentration. A good process of risk management should be laid down and then implemented to point. Apart from the working of the audit committee, SESC also works in a way to ensure that there are credibility and transparency. SESC holds meetings regularly from where it sets objectives of achieving the latter objectives and there are some qualifications that members of SESC must meet before joining. All this is meant to ensure that the performance of SESC is done to perfection, and with in force(p) ease.
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