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Treasury Wine Estates Ltd And Genworth Mortgage Insurance Australia

1357 Words6 Pages

According to discussing and summarizing three dimensions of corporate social responsibility and the implication for stakeholders, two Australian companies will be selected- Treasury Wine Estates Ltd (TWE AU), and Genworth Mortgage Insurance Australia Ltd (GMA AU) to analyse their ESG performances as well as related potential effects including the impacts of benefits and costs in fiscal year of 2015- 2016.

Treasury Wine Estates Ltd (TWE) is an Australian-based global winemaking and distribution business. As realising the profound impact of environment factor on its production and development, such as the responsibilities of reducing carbon emissions across supply chain, the importance of available water resource on grapes growing and wine making in vineyards, and the disposal of waste generated (TWE, 2017), …show more content…

Furthermore, TWE also adheres to the strict code of environmental rule at every producing area and try its best to protect and restore the biodiversity damaged by environmental contamination and set up reasonable system to monitor and improve enterprise’s environment sustainability. In order to achieve the environmental objectives, this company has created a long-term relationship with local leaders in environmental stewardship and collaboration (TWE, 2017) . Through these series of actions, TWE has already reduced energy and fuel used which is at about 471,480 GJ, enhanced energy and operational efficiency during the process of production, improved its water efficiency in wineries to 25.24L, and proudly recycled around 94.63% of its waste in fiscal year

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