The paper 'Australia’ s Largest Salmon Farmer' is a wonderful example of a business assignment. This paper is based on the case study of Tassal, which is Australia’ s largest salmon farmer. Tassal is located in Tasmania, and recently, the organization decided to expand its operations to Macquarie Harbour. Tassal is also planning to move its operations to a new marine farm in Okehampton Bay. However, due to these expansions, the organization faces controversial issues related to sustainability with the local Tasmanian community. The main concern that the community is raising is about its environmental impacts.
The purpose of this assignment is to examine Tassal’ s sustainability framework and practices and whether it should adopt them. Sustainability and environmental awareness are the most significant topics when it comes to business. Sustainability can be defined as a state of balance for ecology. It refers to the ability of natural systems to function and produce everything that we need without compromising future generations' ability. In other words, sustainability is concerned with how human beings might live in harmony with the natural world. Sustainability covers natural resources, social, and economic resources.
These three make the three pillars of sustainability (Kuhlman, 2010). Environmental sustainability deals with ecological integrity or environmental balance where the rate of consumption of natural resources must be equal to the rate they replenish themselves. On the other hand, economic sustainability requires all human communities in the world to access resources that will help them meet their needs. Social sustainability means that human communities can access adequate resources to meet their universal human rights and necessities (Duić, 2015) The concept of sustainability is relevant to businesses, and most of them are making strategic decisions on the type and extent of their corporate sustainability frameworks.
Therefore, sustainability is one of the essential components of corporate policies. Sustainability has a different meaning depending on the context of the business. About the environment, business defines sustainability as a way of ensuring that resources are conserved and the ecosystem is not harmed.
Australian Food News, 2017. Tassal sustainability issues. Retrieved August 9, 2017 from: http://www.ausfoodnews.com.au/2016/10/26/tassal-addresses-sustainability-issues.html
Duić, N., Urbaniec, K. and Huisingh, D., 2015. Components and structures of the pillars of sustainability. Journal of Cleaner Production, 88, pp.1-12.
Epstein, M. J., & Buhovac, A. R., 2014. Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers.
Gray, R, Owen, D & Adams, C 1996, Accounting and Accountability: Changes and Challenges in Corporate Social and Environmental Reporting, Prentice Hall, London.
Havice, E. and Iles, A., 2015. Shaping the aquaculture sustainability assemblage: Revealing the rule-making behind the rules. Geoforum, 58, pp.27-37.
Korschun, D., Bhattacharya, C. B., & Swain, S. D. (2014). Corporate social responsibility, customer orientation, and the job performance of frontline employees. Journal of Marketing, 78(3), 20-37.
Kuhlman, T. and Farrington, J., 2010. What is sustainability?. Sustainability, 2(11), pp.3436-3448.
Salib, J., Sun, D., Wu, J., Wen, X., & Huang, C. C. (2015). Corporate Social Responsibility