Ethics and Sustainability in Timberwell Constructions

Running head: ETHICS AND SUSTAINABILITY
Ethics and Sustainability
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1ETHICS AND SUSTAINABILITY
Executive summery
The purpose of writing this assignment is to present the ethical code of conduct a
business organisation must comply with in order to maintain the goodwill and make the
practice sustainable. The case of Timberwell Constructions is critical, as a former employee
on grounds of economic, social and environmental sustainability has launched numerous
complaints against the organisation. According to the given scenario, Timberwell
Constructions deals in residential constructions across Stanwell Council district. Recently, a
shift regarding employee recruitment and policies has been noticed due to a voluntary
turnover of seventeen employees. At first, while taking about economic sustainability several
financial implications and risk factors has been discussed. Opportunities have been found due
to the change in environment in Timberwell. Moreover, detection of corrupted behaviour
within the organisation as well as anti-corruption policies and practices have been discussed.
The company’s energy compliance policies will be on the central topic of debate while
discussing environmental sustainability. Finally, recent issues of employee turnover have
been judged in respect to social sustainability. According to the GRI standard report,
company’s implication on various sectors of sustainability has been evaluated in the due
course of this report as well.

2ETHICS AND SUSTAINABILITY

3ETHICS AND SUSTAINABILITY
Table of Contents
Introduction....................................................................................................................4
A. Economic sustainability.......................................................................................4
i) Disclosure 201-2 Financial implications and other risks and opportunities due
to climate change....................................................................................................................4
ii) Disclosure 205-3 Confirmed incidents of corruption and actions taken..........5
iii) Disclosure 206-1 Legal actions for anti-competitive behaviour, anti-trust, and
monopoly practices................................................................................................................6
B. Environmental sustainability................................................................................7
i) Disclosure 302-1 Energy consumption within the organisation.......................7
ii) Disclosure 304-2 Significant impacts of activities, products, and services on
biodiversity 7
iii) Disclosure 307-1 Non-compliance with environmental laws and regulations. 8
C. Social Sustainability..................................................................................................8
i) Disclosure 401-1 New employee hires and employee turnover.............................8
ii) Disclosure 406-1 Incidents of discrimination and corrective actions taken..........9
iii) Disclosure 413-1 Operations with local community engagement, impact
assessments, and development programs...............................................................................9
Conclusion....................................................................................................................10
References....................................................................................................................11