GRI Sustainability Reporting

Running Head: GRI SUSTAINABILITY REPORTING
GRI SUSTAINABILITY REPORTING
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1GRI SUSTAINABILITY REPORTING
Table of Contents
Introduction......................................................................................................................................2
Body.................................................................................................................................................2
Economic Sustainability..............................................................................................................2
Environmental Sustainability.......................................................................................................6
Social Sustainability..................................................................................................................10
Conclusion.....................................................................................................................................13
Reference.......................................................................................................................................14

2GRI SUSTAINABILITY REPORTING
Introduction
Sustainability reporting is considered to be one of the major aspect for the business
organisations in order to establish an effective business orientation. In this regard, the Global
Reporting Initiative (GRI) is used by the companies to prepare a transparent and proper
sustainability report for analysing the operations on environment, society and economy
(Domingues et al. 2017). Therefore, this report also tries to emphasis on the three points of
economic, social and environmental sustainability. However, incorporating the GRI reporting
standards of 2016 is a pertinent aspect of this sustainability report. The report puts emphasis on
the case study of Timberwell Construction which is a residential development company in the
Stanwell Complex district. The company is suffering with a number of ethical and sustainable
issues that bring serious threat to the business practice of the organisation. Therefore, this report
aims to identify the sustainability issues in the form of economic, social and environmental
aspects and the management approaches also in order to bring a sustainable development for
Timberwell constructions.
Body
Economic Sustainability
According to the research of Boiral and Henri (2017) it can be stated that the economic
sustainability in business can effectively be evaluated through the process of GRI sustainability
reporting.
Material Topic Description Management Approach
Disclosure 201-2 This disclosure is directly Based on the case study, it can be

3GRI SUSTAINABILITY REPORTING
Financial
implications and
other risks and
opportunities due
to climate change
reflects the economic
performance of an
organisation irrespective of
size, location and operating
sector (Calabrese et al. 2016).
As far as the disclosure 201-2
is concerned, it can be stated
that the business companies
has to take adequate measures
in order to bring efficacy into
the changes in revenue,
operations and other financial
opportunities that the
organisation achieve
thorough sustainability.
found out that one of the former
employee of Timberwell
constructions complained against the
lack of initiative that the company
followed by damaging the flora and
fauna of the coastal grasslands.
Henceforth, Timberwell constructions
requires a framework to identify
issues in the climate conditions. In
fact, taking adequate decisions in the
reduction of emission, carbon capture
and initiate adequate measures to
introduce renewable energy
certificates.
Disclosure 205-3
Confirmed
incidents of
corruptions and
actions taken
From the research of
Ceulemans, Lozano and
Alonso-Almeida (2015) it can
be stated that the role of the
disclosure 205-3 is to analyse
the corruptions within the
organisation and taking
actions accordingly. The
In case of the Timberwell
constructions, there are plenty of
corruption scandals that can cause
serious threat to the organisational
business framework. For instance, the
bribing the council project officers for
pushing the applications through the
process of promoting the development