Questions On Sustainability And Change - 3658 Words

Sustainability and Change Assignment 3 Submitted by: Kalpesh Shah Student Id: 1250948. Component 1: Provide an introduction to the organizations, carefully describing all stakeholders of these companies and their issues (e.g. the owners, the fish, the employees etc). Sealord Company Introduction Sealord is a global enterprise with processing and marketing companies spread across as five continents, backed by worldwide fishing network. In New Zealand, Sealord has its corporate office in Auckland whereas the fishing and processing plant is based at Nelson. Sealord is 100% owned subsidiary of Kura Ltd which itself is a joint venture of NISSUI and Aotearoa Fisheries Ltd (Owned by Maori Representative Group), with ownership of 50% equity each. Aotearoa Fisheries Ltd also owns Papuri Taonga which is the Quota Owning Company and has leased its fishing quota licence to Sealord Group Ltd. The stakeholders include, employees. The company was established more than 50 years ago and is ranked one of the largest top 60 companies in New Zealand. The company holds 20% of the Total Allowed Commercial Catch (TACC) as on 2013. The stakeholders for Sealord are the employees, the principal owners and the shareholders (Aotearoa Fisheries Ltd and Nissui) for following ethical practices and for pro fitable venture, Fisheries department in Ministry of Primary Industries, Export promotion council and Ministry of Environment, Department of Conservation for following ethical and sustainableShow MoreRelatedSustainability And Its Impact On The Environment1365 Words   |  6 Pages Sustainability can be defined in numerous ways. According to the United States Environmental Protection Agency, sustainability is based on the belief that everything we need to survive directly and indirectly depends on our natural environment (2015). 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