Introduction

CSR Audit of BHP Billiton

Introduction

CSR is becoming a vital concern in the company’s operations. With the issuance of the environment and social responsibility increasing due to issues in the operation of the company, CSR integration is becoming highly needful. The regulations of the government followed by the international policies speculate manner in which the company must involve and understand the needs of the community in which it dwells and operate (Hubbard & Moore 2012). The report projects the CSR audit for BHP Billiton considering the documented policies of CSR in the vision and strategies of the company. CSR states the corporation responsibilities or business action that have an impact on the society. It comprises of organization stakeholders and incorporation of the needs and values in the process of decision making thereby coming up with the strategies of the business. Depending on the concept of CSR, the idea of the company goes ahead of the factor of making profit. Companies that do not pay any heed to the CSR finds it complex to cement their place in the industry.

BHP CSR

BHP Billiton has provided a commitment when it comes to meeting the needs, as well as expectations of the society in which it performs. The Major idea highlighted in the CSR comprises of social and environment auditing, theory of stakeholder, ethics and corporate governance. BHP Billiton undergoes a many meeting in these ideas. CSR denotes that the business will operate within the defined ethics. Such ethics comes from the needs, and expectation of society considering the vision of the organization. Concerning BHP, the company has a major commitment towards the operation within the defined integrity. This comprises of safety and compliance with the anti-corruption laws (BHP 2021). This gives a major snapshot that BHP is doing what is right and performing as per their promise. The CSR commitment of BHP has even be observed in the effort to increase the sustainable environment through social, well as environment auditing. The company further recognizes the responsibility in the reduction of the greenhouse gas amount in their operation. As a company that deals in the fuel energy, the prior focus is on the preparation of the physical climate influence. As seen in the climate management yearly establishment, the company strives to attain the attainable targets of carbon emission (BHP 2021).

CSR claim in vision

As stated in the vision and strategic documents of BHP, BHP aims to operate in a manner that integrates CSR. Just defined in the concept of CSR, one of the mechanism to meet the requirement and expectations of the stakeholder needs immense consideration in the process of hiring (BHP 2021). As per the company strategic documents of the company, workforce is pinched where it operates. The individual and the company’s vision to employ are people with high skills and committed to the company’s success. Further, the company vouch to increase the skills, as well as capacity of the workforce.

CSR claim in the vision and planning of BHP require the presence of raw material for today and for the future operations. As defined in the vision of the company, the company has established a portfolio of world class that helps for the planning both for the short term and operations of the long term (BHP 2021). This is one of the chief mechanism for auditing the social and environment auditing with the goal of confirming to the regulations and needs of the environment. The issuance of climate change management can be attained through the integration of operations of long term vision and comprising of modern tools that ensure the resources availability do not get depleted.

CSR Claims in vision and Strategic Documents of BHP’s

BHP Billiton is not only concerned with the generation of profits but even concerned how it is generated. One of the vital concept highlighted in the CSR is the transparency, as well as meeting the needs and stakeholders expectations. The company directs its focus on doing the correct thing and doing what it promised (BHP 2021). Many a times, the company evaluated how the result is attained in consideration to the needs of the CSR policies and principles. On the front of the corporate responsibility, BHP provides a stage where the result is attained in link to the needs of the policies (North 2015). This helps the company to outline what is needed towards addressing the complexities of the society from the various viewpoints. The main need of CSR in the company operations enables the company’s management in the process of decision making considering the society needs.

CSR positive impact

The CSR integration in the governance and practices has led to a lot of positive influence to the company, society and the government at large. The major requirement of the CSR in the company’s working is to increase the competitive advantage. With different companies providing the same product, as well as services companies are influenced to create an impact on the market. CSR integration can be defined as the main operation of BHP Billiton that has led to the enhanced state of the community that is surrounding (North 2015). Reflected in the strategic document of the company, the main source of the workforce of the company is the community hosting. the payment that the company makes for the employees s mainly used for the development of the community as a whole.

Defaults between Communicated Intention and Corporate Practice

There are huge discrepancies when it comes to the communicated CSR intention and the corporate practice. As per BHP Billiton CSR, the company hires, as well as recruit employees from the community as a means for providing back the society what it has taken for the wealth creation. But, this involves disagreement with the corporate practices because the organization might be forced for the hiring of the people who are untrained. It is a common parlance that the company always find it difficult to hire employees with high skills and knowledge. Hence, it is difficult for the company to function by recruitment of the workforce from the community where it function.

Recommendation

BHP has tried to link the governance an CSR practices and yet required to perform enough in improving it. The company’s thinking for the society moves ahead of the recruitment and regulating the environment impact in the organization operations. The efforts should be replaced by BHP on the communities health in which it operates. This comprises of health faculties both within and outside the company. Those facilities can be accessed by the reduction of the cost they charge on communities and enhancing the services offered.

Conclusion

CSR plays a vital role in the increment of the competitive advantage in the operations of the company. With the technology integration in the consumer buying behavior, the company’s success not only depends on the quality products but even on meeting the needs of the consumer in which it operate. A company that does not adheres to the regulation of the environment and compliance finds complexity in performance.

References

BHP. (2021). BHP Sustainability. Retrieved from: https://www.bhp.com/sustainability

Hubbard, T. N and Moore, M. J. (2012). BHP Billiton: Mining potash. Evanston, IL: Kellogg School of Management

North, G. (2015). Effective company disclosure in the digital age. Kluwer Law International