Suncor Energy Case Analysis

Social responsibility makes a company more competitive and reduces the risk of sudden damage to the company’s reputation and sales.

Businesses, specifically larger corporations, play a major role in what occurs in society therefore, they are responsible to their stakeholders not only to pursue economic goals but the greater social good as well. Corporate social responsibility (CSR) means that a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect people, their communities, and their environment. (Lawrence, 2010). Social responsibility is becoming the norm so much so that some businesses have incorporated it into their business model. There are three components of the bottom line of social

or so many years our society has been thinking of forming new creative and innovative businesses, which would be more environmental and customer friendly. Nowadays a large number of different companies follow the social, ethical, as well as moral consequences when it comes to their decision making. One of the relatively new concepts involving economic and social concerns is Corporate Social Responsibility. Many of us apply this approach not only at work, but also in everyday life without even recognizing.

In 2014, Hewlett Packard’s (HP’s) headquarters in Palo Alto, California partnered with SolarCity, a clean renewable energy solar provider, to outfit their headquarters with over 4,000 solar panels (Canales, 2014, para. 1). HP, a 75-year plus veteran of international technologies, understands the importance of creating and investing in sustainable solutions throughout its value chain. HP states: “We set bold targets to lead the IT sector. We are committed to sourcing 50% renewable electricity for our operations by 2025 and reducing operational greenhouse gas (GHG) emissions by 25% compared to 2015,” (“Living Progress,” 2017, para. 5). This commitment is not limited by HP to their products and services, but extends to, literally, their work environment. A small, but significant step to demonstrating this belief, is their project of installing solar panels over the heads of their top decision makers. “… [The] 1 megawatt system… is expected to offset more than 20 percent of HP’s current power usage onsite… [the] installation is expected to help HP reduce its utility power costs by approximately one million dollars over the next two decades,” (Canales, 2014, para. 1). To a company that earned a net income of 3.1 million in 2016 (“Cash Flow,” 2017) one

Energy Inc. has a present obligation (IAS 37-17) and probable liability (ASC 450-20-25-2) on December 31, 2011 as a result of a past event, the contamination of the land, because it is virtually certain that a draft law requiring cleaning up will be enacted. It is probable (more likely than not) that Energy Inc. will be required to transfer economic benefits in settlement which is an outflow of resources embodying economic benefits in settlement (IAS 37-23). The amount of the obligation or loss can also be estimated reliably since Energy Inc. has made similar payments for cleanup in other countries, which is the best estimate of the costs of the clean (IAS 37-36/ASC 450-20-25-2). As a result, according to IAS 37-14, Energy

After completing a Master’s degree in Mechanical Engineering, specializing in energy studies, I began work in the energy conservation sector. One project I worked on was with Target Corporation, where I helped them select the most efficient lighting, refrigerators and air conditioning systems, and advised them on how to operate the building optimally to reduce their energy costs. I learnt a great deal about the impact Target has on the environment, which inspired me to look for a job in this field.

As a company, their goal is to search for and find the most qualified applicants who are high-performing, highly motivated, and bring with them diverse experiences and talents.

I am a passionate and committed professional who always strives to accomplish personal and common goals; therefore, if I am offered this position, I will be ready to hit the ground running and help Methanex exceed its own expectations for success. Also, I would like to let you know that I am temporarily staying in London, Ontario, and I have no problem with relocation. I would appreciate the opportunity to meet you to discuss the value I can offer you within your organization. Thank you for considering my

I understand that Dale Maksymyk talked to you a few weeks ago regarding the potential of a future position for myself with Manitoba Hydro.

Suncor Energy Inc. is a company that was founded in 1967; it is Canada 's premier integrated energy company, and the fifth largest North American energy company. Suncor provides thousands of well-paid jobs, puts millions of dollars in Canadian businesses every year, takes action on environment issues and supports our communities by funding local initiatives. (Suncor Website, 2012) Suncor is leading the way in oil sands operations and development while investing in technologies to improve environmental performance. A considerable part of Suncor’s portfolio is invested renewable energy

I want to work at Belvedere because of the clear communication, respect, and consideration I have been shown throughout the recruitment process. These values carry throughout an organization, and reflect a strong commitment to excellence. I want to work for a company with these values. I want to work for a company that wants to compete at a high level, where teams succeed, where the expectation is to do more. When I was researching high-performing trading companies, Belvedere consistently showed these values and showed how the firm is results driven.

You have hired me to build build a case for Suncor to forego the quarterly reporting system of the past. In order to adopt a model that is more suitable for a sustainable business in todays ever evolving energy sector. This executive brief is directed at providing you with the tools, facts and necessary information to convince the board that Suncor must discard shot-term reporting goals, in order to position Suncor for long term sustainable success whilst maintaining Suncor’s vision to deliver economic prosperity, improved social well-being and a healthy environment for today and tomorrow.

Currently I am employed by Best Western and believe some of these benefits and perks can easily be implemented which will create job retention. The Best Western already has a

Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue

For more than four decades now, corporate social responsibility (CSR) continues to augment Sunway Group’s business model, operating strategies and corporate culture as we actively engage our stakeholders and the communities we serve.