Posted: March 20th, 2024

Environmental Reporting

Environmental Reporting

Instructions: the paper you write should include the following: A general overview of the evolution of sustainability reporting in recent times Discussion of at least two case studies, which provide contrasting examples of organisational approaches to environmental management and sustainability. A critical evaluation of the case studies that highlights the benefits and limitations of the methodologies used. References: All data and arguments, perspectives and discussion should be clearly justified (APA style). My topic proposal: For the final project,Do a comparative analysis of Shell’s 2017 Sustainability Report and Lyondellbasell’s 2017 Sustainability Report. The paper will take a close look on both companies’ approaches and fields of focus when it comes to being sustainable. The Shell 2017 report highlights the company’s vision on energy transition, managing operations, their contribution to society and more. Lyondellbasell’s report includes the company’s “sustainable footsteps”, how they advance their products sustainably, their focus on safety, managing their environmental impact and how they support their communities. Shell is a petrol/gas company and Lyondellbasell is a multinational chemical company, both are supply non-sustainable products, so it would be truly intriguing to understand how they claim to be eco-friendly. Lyondellbasell claims to have innovative solutions for the chemicals and plastics that they supply to help create products that make sustainable development possible. Their innovative solutions range from wind turbines, vehicle components, vehicle biofuels, agricultural irrigation, food packaging, medical products, building insulation, pressure and sewage pipes, solar panels and more. Shell, on the other hand, has a complete section within their report that talks about how society faces a dual challenge in making a transition to a low carbon energy future where the risks of climate change are properly managed. They also talk about extending the social and economic benefits to everyone on the planet; they do that by looking at the situation through their 6 pillar lens: 1- continued investment in oil and gas to meet a growing demand 2- bringing “cleaner” burning natural gas to a wider market 3- managing greenhouse gas emissions from their own operations 4- building a profitable “new energies” business 5- promoting carbon capture and storage and nature-based solutions 6- advocating government led carbon pricing mechanisms. Be sure to include academic references, APA style please.
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Environmental Reporting

Introduction

Sustainability reporting is a process by which organizations communicate the environmental, social, and economic impacts of their activities to stakeholders. It is a way for organizations to demonstrate their commitment to sustainability and to track their progress over time.

Sustainability reporting has evolved in recent years in response to growing demand from stakeholders for information about organizations’ environmental and social performance. In the past, sustainability reporting was often voluntary, but it is increasingly becoming mandatory for organizations to report on their sustainability performance.

There are a number of different sustainability reporting frameworks that organizations can use. The most well-known framework is the Global Reporting Initiative (GRI). The GRI provides a set of guidelines for sustainability reporting that organizations can use to ensure that their reports are comprehensive and consistent.

Case Studies

In this paper, we will discuss two case studies of sustainability reporting. The first case study is Shell’s 2017 Sustainability Report. The second case study is Lyondellbasell’s 2017 Sustainability Report.

Shell’s 2017 Sustainability Report

Shell’s 2017 Sustainability Report is a comprehensive document that covers a wide range of environmental, social, and economic issues. The report includes information on Shell’s greenhouse gas emissions, its water use, its waste management, its employee relations, and its community engagement.

Shell is committed to reducing its greenhouse gas emissions. In 2017, Shell reduced its greenhouse gas emissions by 2.3% from 2016 levels. Shell plans to reduce its greenhouse gas emissions by 50% by 2050.

Shell is also committed to using water responsibly. In 2017, Shell used 1.3 billion cubic meters of water. Shell is working to reduce its water use by 20% by 2025.

Shell is committed to managing its waste responsibly. In 2017, Shell recycled 95% of its waste. Shell is working to increase the amount of waste it recycles to 100% by 2025.

Shell is committed to providing a safe and healthy workplace for its employees. In 2017, Shell had a total recordable injury rate of 0.47. Shell is working to reduce its total recordable injury rate to 0.4 by 2025.

Shell is committed to engaging with its communities. In 2017, Shell invested $1.4 billion in its communities. Shell is working to increase its investment in its communities to $2 billion by 2025.

Lyondellbasell’s 2017 Sustainability Report

Lyondellbasell’s 2017 Sustainability Report is a comprehensive document that covers a wide range of environmental, social, and economic issues. The report includes information on Lyondellbasell’s greenhouse gas emissions, its water use, its waste management, its employee relations, and its community engagement.

Lyondellbasell is committed to reducing its greenhouse gas emissions. In 2017, Lyondellbasell reduced its greenhouse gas emissions by 3.4% from 2016 levels. Lyondellbasell plans to reduce its greenhouse gas emissions by 20% by 2030.

Lyondellbasell is also committed to using water responsibly. In 2017, Lyondellbasell used 4.5 billion gallons of water. Lyondellbasell is working to reduce its water use by 10% by 2025.

Lyondellbasell is committed to managing its waste responsibly. In 2017, Lyondellbasell recycled 94% of its waste. Lyondellbasell is working to increase the amount of waste it recycles to 95% by 2025.

Lyondellbasell is committed to providing a safe and healthy workplace for its employees. In 2017, Lyondellbasell had a total recordable injury rate of 0.5. Lyondellbasell is working to reduce its total recordable injury rate to 0.4 by 2025.

Lyondellbasell is committed to engaging with its communities. In 2017, Lyondellbasell invested $100 million in its communities. Lyondellbasell is working to increase its investment in its communities to $125 million by 2025.

Comparison of the Two Case Studies

Shell and Lyondellbasell are both multinational companies that operate in the energy sector. However, there are some key differences between the two companies’ sustainability reporting practices.

One key difference is the level of detail that the two companies

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