1. The Commonwealth Bank of Australia is a universally known firm forming businesses with countries all around the world, including The United States of America, The United Kingdom, and Asia. This company provides financial services including retail banking, premium banking, business banking, institutional banking, funds management, superannuation, insurance, investment and share-broking products and services.
A corporate social responsibility activity carried out by the company is the Group Environmental Policy. Among some of the practices carried out by the company is managing climate change such as supporting innovative technologies that reduce the reliability on non-renewable sources of energy, monitoring …show more content…
An example of an activity that can be carried out to by the company to engage the Board of Directors and the Group Audit is fund raising for the less fortunate. Fund raising activities instil values in whoever that readily indulges in it whether it may be in their personal life or even in carrying out their job at work. For example, the Group Audit stakeholders will learn to improve their skills of carrying out duties as a team. In the work place, the Group Audit work as a party, as the completion of their tasks depend on the outcome of their teamwork. By focusing their dedication on working together to help the less fortunate, whether it may be the homeless, the elderly, the sickly or even the underage, they will develop a stronger sense of unity amongst one another. This will furthermore improve the standards of their working environment to be more harmonious as well as strengthen their teamwork to fulfil their tasks as auditors of the Commonwealth Bank. This activity can also motivate the Board of Directors when practicing corporate social responsibility. Fund raising activities aid the directors in making decisions that will impact the people they
A corporate social responsibility activity carried out by the company is the Group Environmental Policy. Among some of the practices carried out by the company is managing climate change such as supporting innovative technologies that reduce the reliability on non-renewable sources of energy, monitoring …show more content…
An example of an activity that can be carried out to by the company to engage the Board of Directors and the Group Audit is fund raising for the less fortunate. Fund raising activities instil values in whoever that readily indulges in it whether it may be in their personal life or even in carrying out their job at work. For example, the Group Audit stakeholders will learn to improve their skills of carrying out duties as a team. In the work place, the Group Audit work as a party, as the completion of their tasks depend on the outcome of their teamwork. By focusing their dedication on working together to help the less fortunate, whether it may be the homeless, the elderly, the sickly or even the underage, they will develop a stronger sense of unity amongst one another. This will furthermore improve the standards of their working environment to be more harmonious as well as strengthen their teamwork to fulfil their tasks as auditors of the Commonwealth Bank. This activity can also motivate the Board of Directors when practicing corporate social responsibility. Fund raising activities aid the directors in making decisions that will impact the people they