- 15 Marks
AA – Nov 2023 – L2 – Q7 – Corporate Governance and Audit Committees
Guidance on addressing community concerns over environmental impact of industrial operations.
Question
You witnessed a scene during the audit of Tiwani Cement Limited, an indigenous medium-sized cement manufacturing company.
Indigenes of the host town, situated in the southern part of the country, staged a peaceful protest at the premises of the company. Their concern was the company’s apparent lack of attention toward the poor condition of roads surrounding their factory—ostensibly damaged by the heavy equipment and vehicles the company operated.
The management appeased the protesters, promising immediate consideration of their demands.
The Managing Director has now asked for your advice.
Required:
Advise the Managing Director of Tiwani Cement Limited on what the company could do in this type of situation.
(Total 15 Marks)
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