Governance, Ethics and Sustainability

This case study report analyzes the operation of Timberwell Construction and discusses its sustainable outlook. It covers economic, environmental, and social responsibility elements and adheres to GRI frameworks. The report includes discussions on risk and opportunities, actions against corruption, and practices related to anti-competitive behavior. It also addresses energy consumption, impacts on biodiversity, non-compliance with environmental laws, employee hires and turnover, incidents of discrimination, and community engagement. The report provides insights into the governance, ethics, and sustainability practices of Timberwell Construction.

Running head: GOVERNANCE, ETHICS AND SUSTAINABILITY
Governance, Ethics and Sustainability
Name of the Student
Name of the University
Author Note

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Introduction
This is a case study based report on the operation of Timberwell Construction which is
known to be a construction organization. To analyse the report, some particular instruction
have been analysed to make the report more critical. Some approaches derived from the
analysis for enhancing its sustainable outlook. Report effectively considers GRI frameworks
to describe and suggest the sustainability report which must adhere to the suggestions
mentioned in the disclosure.
Content of the report engages some significant elements of economic, environmental and
social responsibility. The discussion on the elements are conforming to particular disclosure
stated in 200, 300 and 400 and it resolves the topic which is on particular standards in GRI
framework. Moreover, the analysis is categorized into three different sections which
effectively elaborates issues and discuss sustainability initiative implemented by
organization. Both positive and negative impact of organization have been evaluated in the
report and it would address them in accordance to the GRI framework.
On the basis of present scenario of Timberwell Construction, it is required to produce and
produce a sustainability report to create awareness both in external and internal stakeholders
of Timberwell Construction so the organization has a strong commitment of causes related to
all sustainability terms (Aras and Crowther 2008). This means that the report has been made
considering a series of standards on Global Reporting Initiatives and it effectively complies
with the requirement of GRI framework. All GRI requirements related to Economic
Environmental and Social Sustainability have been discussed in the following.
Standards of GRI
Economic Standards GRI: Disclosure

2GOVERNANCE, ETHICS AND SUSTAINABILITY
Hence, report meets all requirements for disclosure of 201-2, 205-3 and 206-1 for
maintaining the compliance.
Disclosure 201-2: Risk and opportunities of financial implications caused by changes in
the climate
It has been identified that GRI disclosure 201-2 depends on the risk and opportunities which
are presented by changes in the climate and it also includes the potential of creating
substantive changes in operation, cost and revenue (Globalreporting.org 2019).Given
statements in the following are some of elements.
 Detail of opportunity and risk and its kinds in terms of regulatory framework
There are several risks of bush fire in the regions where Timber well Construction site
because of the changes in the climate. Moreover, there is a set of physical risks because of the
changes in the climate (Globalreporting.org 2019)
 Elements engages probable influences linked to risk and opportunities
The firm needs to meet greater safety standards to deal with the sort of any loss and hazards
due to the events of bushfire. Hence, the organization Timberwell construction would
probably face a great amount of loss due to the regions of the proposed site in the areas.
 It cost around $50,000.00 penalize Town planning organization as the action of
financial implication of both risk and opportunities. This has been done to prepare
sustainable concept for the project which is environment-friendly (Michelon and
Parbonetti 2012).
 Techniques applied to deal with both risk and opportunity with the inclusion of
appropriate mitigation methods and plans that are initiated as well as external
organizations have been engaged to assess as well as generate mitigation plans (Kolk
2008).

3GOVERNANCE, ETHICS AND SUSTAINABILITY
 Actions related to cost to deal with or reduce the risk or opportunity. Hence, the
organization Timberwell Construction could have to give penalty costing around 4
million dollars and this is particularly for the compliance of environmental
sustainability
Disclosure 205-3: Actions taken against the confirmed incidents of corruption
As per the norms and principle of the Disclosure, Timberwell Construction provide the
information regarding the incidents as well as following actions implemented by organization
and the section comes with the following:
 Aggregated count and types of confirmed events of corruption
It has been identified that no amount of confirmed evidences of events related to corruption
as well as mal-practices in the agency. Despite the same, some allegations related to public
corruption, scandal have been under the prosecution (Elkington 2006).
 Aggregated number of confirmed events based on which employees were fired or held
accountable for the corruption
As per the incident, no confirmed incident or dismissal of employees in the organization have
been found However, organizational members held accountable for corruption were
discharge from their duty without giving them proper amount of compensation when the
prosecution got over.
As per the scenario given about the incident, there is no such confirmed event of dismissal of
organizational employees
 Aggregated number of established events were found when making coming under the
deal with the business partners, neither the individual nor any sort of rewarded

4GOVERNANCE, ETHICS AND SUSTAINABILITY
incidents were found due to the incident of violations in the corruption
(Globalreporting.org 2019)
No incidents related to business partners have been found but contractors of the external
environment contractors were found to be allegedly corrupted as well as malpractices are
were freed of the duty and contract was dismissed.
 Public case regarding corruption brought against the agency and the members were
mentioned during the report and the outcome of the case
Not even a single case related to corruption about five different individuals and two external
consultants of the organization found to be allegedly involved in bribery has been found.
Consequently, some organizational members of the agency has been fired without a proper
amount of compensation.
Disclosure 206-1: Practices related to anti-competitive behaviour, anti-trust, legal
actions
Given the principle of disclosure 206-1, organization produces the legal information in terms
of the legal action for anti-competitive behaviour and monopoly practices. Disclosure 201-1
of the organization produces the information about the following
 Aggregated number of legal actions about completed or pending reporting period
about anti-competitive behaviour as well as violations of some anti-trust under which
business have been identified as the participants.
A single cased of anti-competitive behaviour is found against the company and this might
accuse the organization for being engaged in anti-competitive conduct as well as misleading
of market power. Moreover, the firm has been found to be involved in creating conflicts with
its suppliers as well as contractors that tend to threaten to reduce or terminate contact with the

5GOVERNANCE, ETHICS AND SUSTAINABILITY
firm when they are found to be associated with the emerging firms. Australian Competition
and Consumer Commission (ACC) reported a case with the Federal Court which is most
likely to be disclosed in the coming years (Globalreporting.org 2019)
 It could also include some major outcomes with the inclusion of some decisions and
judgement and this case has also been listed with Federal Court and the hearing is
supposed to come in coming four months.
 Major outcome of completed legal actions with the inclusion of some basic judgement
Disclosure 300: Environmental Standards
This area of the report is about the statements that are made as per the disclosure 302-1, 304-
2 and 307-1 and section is regarding the environmental sustainability of the organization and
the way the organization makes plans to reduce the issues increasing because of their
operations. It has been identified that all sources of energy being consumed by the
organization and there could be some sort of classified report.
Disclosure 302-1: Consumption related to energy within the agency
 This could include the fuel consumption within the firm from non-renewable source
to some joules
Overall fuel consumption particularly from the non-renewable resources by organization
could be around 1.0 Gigajoules annually.
 Total amount consumption within the firm from renewable sources in joules
Fuel consumption from renewable sources by Timberwell Construction is calculated at 0.5
Gigajoules on an annual basis.
Overall amount of electricity being consumed by organization over a particular period is
calculated at 2.0 Gigajoules on an annual basis

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Furthermore, overall electricity usage within the organization is in joules
The organization according to the scenario considers the reduction about its non-renewable
energy consumption and increase the consumption of energy resources by 50%. Hence, the
organization can be held accountable energy efficient agency. The organization wishes to
become more productive and efficient in the coming years.
Disclosure 304-2: Significant impacts of activities, products, and services on biodiversity
This section could provide the information about the influence generated by some activities
and services of the firm. So the report is in compliance with the clause of disclosure 304-2
 This means a significant impact has on the biodiversity both directly and indirectly
This means that the type of influence generated by one of the project of Construction has
strongly affected biodiversity and this happed due to the description in the bio-diversity. This
could happen due to some development of projects which have affected the environment in
some particular ways as given in the following
 Clearing of 0.45 hectares of some coastal grasslands that particularly endangered
 Conversation of some habitat of Wallum Sedge Frogs because of the residential
project at Otford Park Development site (Globalreporting.org 2019)
It has been identified that grassland habitat could reserve and Timberwell Construction has
made some proper plans for the reconstruction of the grassland at the most estimated cost of
$440,000.00. Hence, the organization has formulated a strong environmental impact report
and it has decided to act on the habitat of Wallum Sedge Frogs near the project site.
Disclosure 307-1: Non-compliance with environmental laws and regulations
Hence the section tells about the financial costs that are attached to the organization because
of the non-compliance due to some environmental regulations as well as disclose the nature

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of the compliance that the firm is most likely to be engaged with, to minimize the issues. The
disclosure could include the following
 Overall number of monetary value of some significant penalties
The organization has been charged with the penalty of $200.000.00 and this happens because
of the reduction of endangered species near the project site. The organization has been asked
to go with a rehabilitation. However, to implement this, the company again has to pay an
amount of $440, 0000.00. The firm is suggested to rehabilitate within the framework as well
as execute environmental audit according to Local Environmental Plan
Disclosure of Social Sustainability: Disclosure 400
The section of the report is about the social sustainability of the organization and it could
report on two significant base of the disclosure 401-1, 406-1 and 413-1
Disclosure 401-1: New employee hires and employee turnover
The report about the hiring of new employees as well as employee turnover has been notified
in the following.
According to the report of the organization, Timberwell Constriction could employee 58
employees and all of them are male. It has been identified that the company is most likely to
hire 12 more employees to adjust the deficit of 17 more employees especially those have left
the firm.
Disclosure 406-1: Incidents of discrimination and corrective actions taken
It has been identified that the disclosure could report the discrimination of the organization
and this could cover the following
 Net number of incidents of discrimination regarding the report period

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There has largely been a single case of discrimination in the company around the case has
been put forward by Denis who was former employee of the company and resigned from the
company because of the discrimination against him on the basis of the age.
 Status of the incident has been observed and appropriate actions have been taken
Disclosure 413-1: Operations with local community engagement, impact assessments
and development programs
This area of the report revolves around the information about the community involvement
and the impact assessment as well as development of some programs that organizations have
undergone. Section discusses the activities of Timberwell Construction during the reporting
period. Consequently, a number of initiatives have been implemented by some organizations
which includes environmental influence assessment and programs based on the local
communities and the development of project which could promote social housing concept for
catering needs of local people. Firm is in touch with Stanwell council for the compliance of
proposed amendments that are considered to be made as per the environmental guidelines.

9GOVERNANCE, ETHICS AND SUSTAINABILITY
References
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