Sustainability Assessment According to GRI

Running head: SUSTAINABILITY ASESSMENT ACCORDING TO GRI
SUSTAINABILITY ASESSMENT ACCORDING TO GRI
Name of the Student
Name of the University
Author Note

1SUSTAINABILITY ASESSMENT ACCORDING TO GRI
Executive summary
The main aim of the sustainability report is to establish a relationship to keep in par with the
norms of GRI. The purpose and use of producing a sustainability report is to provide information
regarding the internal and the external stakeholders of the company Timberwell Constructions,
who are highly committed towards the case of environment. The provided information in the
report is to permit the stakeholders both internal and external to analyze the function and activity
of Timberwell Constructions and give them an additional opportunity to take decision in respect
to the approach towards the sustainable development. The report provided confirms to the
guidelines framed on the basis of GRI standards and the guidelines that are laid down by Global
Reporting Initiative. The assignment aims to address the sustainability of the economy in respect
to the disclosures including 201-2, 205-3 and 206-1. The disclosures 302-1, 304-2, and 307-1 in
reference to the environmental sustainability are taken into consideration. Further, the report
provides various recommendations as per the norms and framework of the GRI and concludes
the report with its reference.

2SUSTAINABILITY ASESSMENT ACCORDING TO GRI
Table of Contents
Introduction......................................................................................................................................4
The GRI Standards..........................................................................................................................5
Disclosure of Economic Standards: Disclosure 200....................................................................5
Disclosure 201-2: Financial implications and other risks and opportunities due to climate
change......................................................................................................................................5
Disclosure 205-3: Confirmed incidents of corruption and actions taken................................6
Disclosure 206-1 Legal actions for anti-competitive behaviour, anti-trust, and monopoly
practices...................................................................................................................................7
Disclosure of Environmental Standards: Disclosure 300............................................................8
Disclosure 302-1: Energy consumption within the organization............................................8
Disclosure 304-2: Significant impacts of activities, products, and services on biodiversity. .9
Disclosure 307-1: Non-compliance with environmental laws and regulations.....................10
Disclosure of Social Sustainability: Disclosure 400..................................................................10
Disclosure 401-1: New employee hires and employee turnover...........................................11
Disclosure 406-1: Incidents of discrimination and corrective actions taken.........................11
Disclosure 413-1: Operations with local community engagement, impact assessments and
development programs...........................................................................................................12
Conclusion.....................................................................................................................................12
References......................................................................................................................................14

3SUSTAINABILITY ASESSMENT ACCORDING TO GRI
Introduction
Timberwell Constructions framed report includes the approach and the initiative that are
to be addressed by Timberwell Constructions in order to make it look more sustainable. The
sustainability report by the Timberwell Constructions considers the framework of GRI to explain
and demonstrate its purpose, further it adheres to the guidelines given in the disclosures. The
sustainability report includes various aspects including social sustainability, environmental and
the economic and it confirms to the specific disclosures 200, 300 and 400. The report also
addressed to the framework of GRI and its standards. The report is divided into mainly three
sections which provide information concerning the issues and provides a discussion on the
sustainability approach undertaken by the Tiber Wall construction. The reports provide an
evaluation of the negative and the positive impacts of the company and it also address them in
accordance to the framework of GRI (Globalreporting.org, 2018).
Considering the present scenario of the Timberwell Constructions, it is necessary to
provide information about the stakeholders of the Timber Wall in its sustainability report. The
company is committed towards sustainability in all its ways. The sustainability report of the
company complies and adheres with all the requirements of the GRI framework (GRI, G. R. I.
2013). The sections of the report addresses to the framework of GRI in respect to Economic,
Social sustainability and Environment.
The standards of GRI
The report adheres to the requirements of reporting for the disclosure 201-2, 205-3 and 206-1