Cases Study Two: Rio Tinto and Stockland Following are two excerpts from the annual reports of two of Australia’s largest companies. Consider the differences in how they view stakeholders. Rio Tinto: Rio Tinto has a clear purpose: as pioneers in metals and mining, we produce materials essential for human progress. And by doing so efficiently and effectively, we aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society (Rio Tinto 2018, p.6)1 Stockland: Stockland was founded in 1952 with a vision to ‘not merely achieve growth and profits but to make a worthwhile contribution to the development of our cities and great country’. It is this recognition, that business has more to offer society than profits alone, that has seen us endure (Stockland n.d.)2 of the various stakeholder engagement approaches. Question Which can best articulate the above companies’ treatment of their stakeholders? Justify your choice.
Cases Study Two: Rio Tinto and Stockland
Following are two excerpts from the annual reports of two of Australia’s largest companies.
Consider the differences in how they view stakeholders.
Rio Tinto:
Rio Tinto has a clear purpose: as pioneers in metals and mining, we produce materials essential
for human progress. And by doing so efficiently and effectively, we aim to deliver superior
returns to our shareholders while safeguarding the environment and meeting our obligations to
wider society (Rio Tinto 2018, p.6)1
Stockland:
Stockland was founded in 1952 with a vision to ‘not merely achieve growth and profits but to
make a worthwhile contribution to the development of our cities and great country’. It is this
recognition, that business has more to offer society than profits alone, that has seen us endure
(Stockland n.d.)2
of the various stakeholder engagement approaches.
Question
Which can best articulate the above companies’ treatment of their stakeholders? Justify your choice.
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