FINAL RESEARCH ESSAY BUSL388 2018 WORD LENGTH: 3000 Healthy Fruit Drinks has become incorporated as a limited liability company in China. The company is owned by both Australian and Chinese partners under an equitable joint venture agreement. The company has almost completed the building of their factory in the countryside in Guangdong. The company has to decide how they will power the factory. You are the Manager of the company appointed under article 49 of Chinese Company Law 2014.You have been asked by the board of directors to provide a report on the benefits of using renewable energy to power the factory rather than drawing power from the grid which supports coal fired power stations. You are to advise them of the need to address climate change and to be socially responsible by cutting down emissions by using renewable forms of energy. You are to advise them that solar, wind or hydro are the preferred options but you are also to advise them that the infrastructure of these forms of energy will cost more than just obtaining power from the grid. At the same time, you have to advise the directors as to whether they would be in breach of their duties by using a more expensive form of energy bearing in mind the directors have a duty to act in the best interests of a company and make a profit for shareholders. However, in 2005, China revised its Company Law, requiring directors under chapter 6 to ensure their loyalty to the company and observe due diligence in their role as directors. You must also address the recent move in China towards corporate social responsibility with regards to the environment. You must bring to their attention The newly passed n Environmental Protection Tax effective January 2018 which states under Article 3 For the purpose of this Law, taxable pollutants shall refer to the air pollutants, water pollutants, solid waste and noise prescribed by the Table of Taxable Items and Tax Rates of Environmental Protection Tax and the Table of Taxable Pollutants and Their Equivalent Value appended hereto. This means that lowering air pollution is high on the agenda of the Chinese government. The Report Write a 100-word abstract summing up what the report will address In your report I want you to consider the following points: ? ? What is meant by corporate social responsibility and how does it operate in China? ? What is the benefit of renewable energy and is the Chinese government encouraging it and if so why? Here you will have to refer to the relevant laws and also research policies in this area ? Discuss the benefits of each type of renewable energy for this factory You must type in Times New Roman font 12 Do not use double spacing as this uses too much paper You are to ensure you have excellent footnotes otherwise you will lose marks.
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