Measuring and Reporting Sustainability [Bhp]

In: Business and Management

Submitted By domm90
Words 1442
Pages 6
Introduction Peoples wants are unlimited but unfortunately resources are not, and since the beginning of production firms have been depleting the Earths finite resources. Firms have now been attempting to achieve a sustainable existence, this is because one of the firms goals is to run indefinitely, without sustainability they may meet the need of the present but may sacrifice the needs of future generations. Companies now are looking to more sustainable products or services in order to keep their company running long into the future.

BHP Billiton has taken one such initiative, as one of the largest mining companies, it understands the importance of the environment to big business, both social, environmental and economical, therefore has been producing readied sustainability reports for the past 3 years.

Sustainability strategy
BHPs sustainability strategy is incorporative of how they can match their capabilities to accomplish its objectives but without compromising their or futures generations ability to use their opportunities to achieve their goals in the marketplace. They have done this through four main foundations in which it is trying to improve sustainability; they include safety, healthcare, environmental effects and lastly the community at large.

Safety is an important factor for BHP as it is a large mining company many of the jobs include some level of risk. There official motto for safety is “we do not compromise our safety values”. They planned to have Zero fatalities and a reduction in recordable injuries through identifying the effective risk controls, and eliminating the root of these injuries, as seen in this table below.

Healthcare is a contributing factor to BHPs successes as a healthy workplace is more efficient then an unhealthy one, this is because BHP “seeks ways to improve the health of our workforce and the community”. They…...

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