Sustainability Planning for Business and Mortgage Broking †Free Sampl

Question: Discuss about the Sustainability Planning and Mortgage Broking. Answer: The written plan for the sustainability report has been constructed in order to understand the plan and the future progress of Future Bright Company. The company functions in a rural town in Western Australia. The company started in the year 2005 by Nathalie Coleman and she had the vision of bringing in entertainment and theatres in the small town in Western Australia. The company has been growing gradually ever since its inception and with the increase in the growing staff members, the company has constructed a small office building. The company comprises of various employees that includes the stage manager, business manager, project officers, director of programming, resident designer, customer executives and marketing manager. The organization has even appointed an environment officer who has been given the task of constructing a sustainability report. It is seen that Future Bright Company has been concentrating of improving their sustainable activities. The manager of the company has reviewed certain activities of the organization and has discovered that the resources that are utilized in the theatre are not in line with the sustainable work practices that are demanded by the firm (Mowforth and Munt 2015). The areas that have been considered for the improvement with the help of the sustainability policy include: Reducing the use of resources in the firm Minimising the toxic material and the use of hazardous chemicals Utilization of the life cycle management approach Introducing a sustainability and continuous development strategy. The manager of the firm has mentioned that they require something unique in the policy that can be used for the analysis of the use of resources and scrutinizing the records of the resources on a frequent basis because it is seen that this one of the best ways that Future Bright will be supervising their advancement towards lowering the utilization of resources. The company has undertaken an effort to develop their sustainability by undertaking innovative sustainability activities (Bebbington, Unerman and O'Dwyer 2014). They are discussed as follows: Indoctrination of all the reverse air conditioners within the office to mechanically switch off the machine at 5 pm every day. It is seen that presently the air conditioners are switched off manually. It is seen that it is the duty of the last employee who leaves the office at last to turn the air-conditioners off and problem lies in this situation as it is seen that the air conditioner is switched off rarely as generally all the air conditioners remain operational for 24 hours. Improved sorting of the paper that are recyclable from the general rubbish Making use of volatile organic compound (VOC) paints when painting the performance sets and props to safeguard safety and health of the employees. Future Bright Company has undertaken a pledge of lowering impact of the environment by making use of their resources intelligently, persuading the visitors to consider and understand the use of sustainability and concentrating on the suitable principles of management. The company is seeking the strategy to enhance their economic, social, environmental and cultural advantages in the process of undertaking decisions. The company has undertaken the involvement of the sustainability policy in order to improve the performance of the firm and thereby increasing their sales that would lead to increase in their profit and share in the market. The information has been gained by taking help of all the departments from where all the issues are laid down and the issues that are of serious concern are implemented in the sustainability report. The effectiveness of the policy is very high as the implementation of these strategies will be helpful for the elimination of the problems that the company face. The policies that have been framed in the report are conveyed to all the stakeholders so that they have knowledge about the changes that have been undertaken. The stakeholders can even recommend certain changes in the policies if they desire (Epstein and Buhovac 2014) It is seen that the implementation of the sustainability policy will take around six months before they are implemented efficiently. The implementation of the sustainability policy will be helpful for improvements in the integral business planning and will help in the development of the business opportunities. The improvement in the sustainability policy will enhance the business to evaluate the market frequently and thereby understand the opportunities that are available in the market and utilize them before their rivals. The policies will be implemented with the help of the employees and the stakeholders who are associated with the company by providing them with adequate knowledge and awareness about the advantages of these policies. The budget of the firm for the last few years and the projections for the coming years are even given out so that the income and the expenditures of the firm can be evaluated. It is seen that the budget related to marketing has been raised in order to market the sustainability initiatives of Future Bright. The policy that has been created should be line with the present profit that has been established so that the activities can perform within the limitations of the firm. It is seen that there is a significant amount of variations in the profit that is established by the firm and therefore the projected cash flows and the income statement of the previous years will be used as a rough guide (Shen 2014). It is expected that the use of these policies will be useful for the generation of some surplus profits by increasing the audience level of the firm with the help of their sustainable direction. It is known that Sustainability is a long-term objective and Future Bright Company looks to see certain actions that can be implemented within the next six months. Future Bright Company 2 years ago Last year This year Next year (projected) $ $ $ $ Income Sales of goods and services 101,500 131,750 126,000 113,500 Venue hire 26,600 23,400 24,300 27,000 Grants 33,000 65,000 80,000 82,000 Philanthropy 75,800 74,000 76,000 76,000 Fundraising 3,900 4,500 4,700 5,500 Corporate partners 60,000 77,000 65,000 80,000 Investing activities 63,400 68,000 71,500 73,400 Total income 364,200 443,650 447,500 457,400 Expenses Wages and salaries 275,000 303,000 358,000 358,000 Utilities 7,672 8,472 8,672 8,800 Maintenance 1,825 869 765 1,000 Accounting expenses 1,500 1,500 1,750 1,750 Marketing 4,270 4,320 5,245 8,200 Performance costs 58,000 47,700 53,670 55,000 Miscellaneous 2,500 3,200 1,275 2,000 Total expenses 350,767 369,061 429,377 434,750 Profit/loss 13,433 74,589 18,123 22,650 References Bebbington, J., Unerman, J. and O'Dwyer, B., 2014. Sustainability accounting and accountability. Routledge. Epstein, M.J. and Buhovac, A.R., 2014. Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers. Mowforth, M. and Munt, I., 2015. Tourism and sustainability: Development, globalisation and new tourism in the third world. Routledge. Shen, B., 2014. Sustainable fashion supply chain: Lessons from HM. Sustainability, 6(9), pp.6236-6249.