Management and Sustainability

Tokyo Electric Power company (TEPCO) CSR towards S compactholders Since after the turn suffered by Kashiwazaki-Kariwa Nuclear Power Station in the Niigata-Chuetsu-Oki Earthquake, TEPCO has been try on to make consistent efforts to reduce down the after effectuate of this catastrophe. The company has worked steadily to overcome the challenges that its stakeholders sacrifice to face overdue to this mishap. The company as a part of their CSR activity had physique up a framework where they created a system for discipline somatic ethics and appropriate communication channel determine at bottom the organisation. But merely setting up the framework does not help as it case of disaster the company did not comply to it. As per BBC News (06.03.12), Shareholders sued TEPCO executives for thermonuclear disaster as they claimed company did not take essential measures to prepare itself for this incident. in that location were several damages and leaks at the plant reposted b y the employee running(a) their but management did not take care of that. The communicating amid the company and its employees were somewhere lacking in between otherwise the loss caused by this disaster could have been reduced. The cross published by The Japan clock (2011) at Fukushima no(prenominal) 1 plant, company incurred a loss of 3.

6 cardinal yen of compensation and 1700 employees were affected as they lost their meditate and had to labour for their compensations. Reference BBC, News Business Asia (2012, March), Shareholders sue Tepco executives for nuclear disaster; Retrieved from hyper school text transfer protocol://www.bbc.co.uk/news/busin! ess-17268326. Harlan, C. (2011,October), The Japan Times; Tepco staff on forward lines feel victims anger; Retrieved from http://www.japantimes.co.jp/text/nn20111027f1.html Recommendations 1.To improve transparentness and the disclosure of public information. 2.To create an environment for conducting appropriate business activities. 3.To conduct more stringent internal audits and to reform the corporate culture. 4.To thoroughly comply with...If you want to posit a just essay, order it on our website: BestEssayCheap.com

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