Sustainability Assessment Report

This Sustainability Assessment Report discusses the economic, environmental, and social sustainability issues of the Timberwell Construction Company. It focuses on the standards of the GRI framework and provides insights on specific disclosures such as economic standards, corruption incidents, legal initiatives, environmental standards, consumption of energy, discrimination incidents, and engagement with the local community. The report aims to showcase the company's commitment to sustainability and adherence to the GRI framework.

Running head: SUSTAINABILTY ASSESSMENT REPORT
Sustainability Assessment Report
Name of the Student
Name of the University
Author Note

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Table of Contents
Introduction......................................................................................................................................2
1. Standards of the GRI Framework.............................................................................................3
1.1. Economic Standards Disclosure – Disclosure 200...........................................................3
1.2. Disclosure 205-3 – The Confirmation of Corruption Incidents and Actions that are
taken to address the same............................................................................................................4
1.3. Disclosure 206-1 – Legal Initiatives or Actions taken for Monopoly, Anti-Trust and
Anti-Competitive Behavior.........................................................................................................5
1.4. Disclosure 300 – Environmental Standards Disclosure....................................................6
1.5. Disclosure 302-1 – Consumption of Energy within the Organization..............................6
1.6. Disclosure 406-1 – Discrimination Incidents and the Corrective Actions taken to End
such Discrimination.....................................................................................................................7
1.7. Disclosure 431 – 1 – Engagement with the Local Community, Development Programs
and Impact Assessment................................................................................................................7
Conclusion.......................................................................................................................................9
References and Bibliography.........................................................................................................10

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Introduction
A sustainability report has been framed by the Timberwell Construction Company which
constitutes a sort of guide to the types of initiatives that can be taken in order to make the
company come across as sustainable in its approach to doing business. The GRI framework is
taken into consideration by the company to outline and propose the main aims and objectives of
the report, with every effort being made by the company to adhere to all of the guidelines that
have been listed down in the different disclosures. Report material will comprise of the different
aspects of social, environmental and economic sustainability, and will conform totally to all the
specific disclosures that have been listed in 300, 400 and 200 after which topic specific standards
shall be addressed by making use of GRI framework (Tur-Porcar et al., 2018). The report shall
be made up of three different sections that will elaborate on on the sustainability issues and
discuss in detail the sustainability approach that needs to be undertaken by the Timberwell
Construction Company. The negative and positive aspects of the company will be evaluated and
will then be addressed through the use of the GRI framework (Globalreporting.org, 2018).
If the present scenario of the Timberwell Construction Company is to be taken into
consideration, then it becomes imperative to draft a sustainability report that will give both
external and internal stakeholders of the organization the idea that the company is one that is
dedicated to sustainability goals and sustainable development in every sense of the term. The
Global Reporting Initiative contains specific standards that have been followed in detail for the
drafting of the report, complying fully with each and every requirement that is contained in the
GRI framework (GRI, 2013). The subsequent sections will address economic, environmental

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and social sustainability issues in accordance with the GRI framework (Berinde, M., &
Andreescu, N. A. 2015).
1. Standards of the GRI Framework
1.1. Economic Standards Disclosure – Disclosure 200
This report acts in compliance with the reporting requirements that have been listed down in
disclosures 205-3, 201-2 and 206-1.
Disclosure 201-2 – Risks, Opportunities and Financial Implications associated with Climate
Change
Disclosure 201-2 of the GRI framework requires statements to be made regarding opportunities
and risks that are posed as a result of climate change and which have the potential of generating
substantive changes in areas such as revenue, expenditure or operations, that includes –
1) A description of the opportunity or the risk and the classification of the risk or
opportunity on the basis of a physical or other regulatory (Wheelen et al., 2017).
As a consequence of climate change, the risk or danger of bush fire is something that is very high
in a particular area where the Timberwell Construction Company has proposed opening a site. A
physical risk exists due to the consequences of climate change that can be felt in the area (GRI,
2013).
2) The probable impacts that are associated with opportunities and risks.
There are high safety standards that need to be met on the part of the company, in order to
prevent the type of hazard or loss that can take place due to bush fire.

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3) There are financial implications of this risk as well. The Town Planning Organization has
charged an amount of $50,000 in order to prepare a plan for the project that is
environmentally sustainable.
4) The methods that are used for the management of the risk or the opportunity have to be
evaluated. Adequate mitigation plans and techniques are being initiated and external
stakeholders are also being involved in the process of assessing as well as formulating the
mitigation plans and techniques (Cho et al., 2015).
5) The expenses that would arise for the proper mitigation and management of risks has to
be taken into consideration. It is going to cost the Timberwell Construction Company as
much as four million dollars if it is to comply with standards established for the purpose
of environmental sustainability (GRI, 2013).
1.2. Disclosure 205-3 – The Confirmation of Corruption Incidents and Actions
that are taken to address the same
By acting in accordance with the guidelines that are contained in Disclosure 205-3, the
Timberwell Construction Company will provide information about instances of corruption
after which action is taken by the organization to address the same, with efficiency. The
subsequent section delivers associated information accordingly (GRI, 2013).
1) The nature and total number of confirmed corruption incidents
Up until now, there are been no instances of business malpractice or corruption in the
organization. However, an allegation has been made of a corruption scandal that is quite public
in nature and which is currently being prosecuted.

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2) Total number of the confirmed corruption incidents for which employees have been
disciplined or dismissed
No employee in the organization has been dismissed due to corruption or malpractice. However,
employees who have been suspected of engaging in corrupt behavior have been let off of their
duties, and this will remain the status quo for them until the prosecution comes to an end (based
on case study provided).
3) Total number of the confirmed corruption incidents when the contracts that were drawn
up with business partners were not renewed or terminated due to corruption taking place.
The company has not yet experienced an incident of corruption with regard to business partners.
However all external contractors who have demonstrated malpractice in their operations or
corruption of some form or the other have been released from their duties and their contracts are
not being renewed.
4) Public legal cases concerning corruption that have been taken against the organization
and its employees in the reporting period as well as the outcome of these cases
An allegation of corruption has taken place with regard to two external consultants and five
employees of the company, who were allegedly involved in a bribery scandal. The concerned
employees have been suspended and that too without pay until the prosecution ends. Contracts
held with the external consultants who were involved in the bribery scandal have also been
completely terminated (Schaltegger & Wagner, 2017).

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1.3. Disclosure 206-1 – Legal Initiatives or Actions taken for Monopoly, Anti-
Trust and Anti-Competitive Behavior
In keeping with the guidelines that are contained in Disclosure 206-1, the company provides
information concerning the legal actions that are taken for anti-trust, monopoly practices and
anti-competitive behavior.
1) It appears that a single case pertaining to anti-competitive behavior has been filed against
the Timberwell Construction Company, in which the organization has been accused of
the misuse of its market power. The organization has allegedly created conflict with
contractors and suppliers, threating to bring their contracts to an end if they engage in any
alliance with other developers. A case has been listed by the Australian Competition and
Consumer Commission with the country’s Federal Court, and the hearing is expected in
four month’s time.
1.4. Disclosure 300 – Environmental Standards Disclosure
This section focuses entirely on the environmental sustainability plans and goals of the
Timberwell Construction Company including plans to mitigate all of the issues that arise in
the course of operations.
1.5. Disclosure 302-1 – Consumption of Energy within the Organization
1) The total consumption of fuel from resources that are non-renewable on the part of the
Timberwell Construction Company amounts to 1.0 Gigajoules on an annual basis.
2) The total consumption of fuel from resources that are renewable on the part of the
Timberwell Construction Company amounts to 0.5 Gigajoules on an annual basis.

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3) The total consumption of energy that is taking place by the Timberwell Construction
Company on an annual basis amounts to 3.5. Gigajoules.
4) The total consumption of electricity that takes place by the Timberwell Construction
Company on an annual basis amounts to 2.0 Gigajoules
What the Timberwell Construction Company specifically aims at, is bringing about a reduction
in its use of non-renewable sources of energy, and increasing its consumption of renewable
sources of energy by as much as fifty percent, becoming in the process, more of an energy
efficient organization than what it is at the moment (based on case study provided).
1.6. Disclosure 406-1 – Discrimination Incidents and the Corrective Actions
taken to End such Discrimination
A single case of discrimination has been reported against the organization. The person who
filed this case of discrimination is a person by the name of Dennis McCabe who claimed that he
resigned from the organization because the workers had been discriminating against him because
of his age. Dennis was the sole employee at Timberwell Construction Company who was fifty
years of age, and it is for this reason he claims that he was being discriminated against (Retamal,
2017).
The Fair Work’s Commission ordered the company to compensate the concerned individual, and
the company has fully complied with the order made by the Fair Work Commission by providing
Dennis McCabe a compensation fee of $4,400.

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1.7. Disclosure 431 – 1 – Engagement with the Local Community,
Development Programs and Impact Assessment
This section will talk about the local community engagement practices that the Timberwell
Construction Company undertook, in order to establish the fact that it is whole heartedly
committed to the goal of sustainability.
The company has entered into an engagement with the local community in order to develop
impact assessments and draw up programs that are based on social housing concepts, and which
are designed to cater to the requirements and needs of the local communities in the best ways
possible. The company hopes that by working in the domain of housing it will be able to respond
to the housing requirements of the local people in the most effective of ways (Crane & Matten,
2016).
A Local Environmental Plan has been drawn up by the company in collaboration with the
Stanwell Council to see the plan through. A number of amendments have been proposed and
based on the suggestions that have been made by the Stanwell Council the Timberwell
Construction Company is going to act fully in compliance with all of the amendments that have
been suggested. An EIA report has been presented and all the rules and regulations that are
contained in the report are going to be adhered to by the company. The EIA report outlines the
do’s and the don’ts for the company (Sheffi, 2018). The report establishes the rules and the
regulations that the Timberwell Construction Company has to adhere to in order to make sure
that it is a company that can be considered as environmentally sustainable (Mota et al., 2015).
The mitigation that forms an important feature of the report will be implemented within a
period of six weeks while operations will also be undertaken in the bushfire zones in order to

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bring about a reduction in these areas as far as the risk of the bushfire is concerned (Rossignoli &
Lionzo, 2018). The initiatives for environmental wellbeing will not only be implemented in a
detailed fashion but will also be monitored on a regular basis to ensure that each and every
aspect of the initiative is being addressed for the sake of environmental wellbeing (Laszlo, C., &
Zhexembayeva, N. 2017). The monitoring of the initiatives will be done on a detailed basis
(Chuang & Huang, 2018).
Every effort will be made on the part of the company to adhere to the guidelines that have
been established by the Stanwell Council in order to make sure that the environmental wellbeing
initiatives that are being undertaken are rendered with a great degree of efficiency and are
effective too (Boyd et al., 2017). The primary purpose of taking the environmental wellbeing
initiatives is to reduce the risk of bush fire which has been causing a lot of liabilities for the
company in the areas where the bushfire occurs, largely because of the fact that the company has
a number of proposed sites in the area (Mota et al., 2015).
Conclusion
In the ultimate analysis, what the Timberwell Construction Company wants to emerge as
is a responsible company that has environmental wellbeing on its agenda, and which aims to look
into the well-being and the concerns of its employees instead of focusing on business alone. The
sustainability report that has been drawn up by the company by taking the GRI framework into
consideration is one that is meant to provide clarity to both the external and internal stakeholders
of the company, as far as the sustainability goals and objectives of the organization is concerned.

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References and Bibliography
Berinde, M., & Andreescu, N. A. (2015). Reporting corporate social responsibility according to
GRI standards. The Annals of the University of Oradea, 17.
Boyd, B., Henning, N., Reyna, E., Wang, D., Welch, M., & Hoffman, A. J. (2017). Hybrid
organizations: New business models for environmental leadership. Routledge.
Cho, C. H., Laine, M., Roberts, R. W., & Rodrigue, M. (2015). Organized hypocrisy,
organizational façades, and sustainability reporting. Accounting, Organizations and
Society, 40, 78-94.
Chuang, S. P., & Huang, S. J. (2018). The effect of environmental corporate social responsibility
on environmental performance and business competitiveness: The mediation of green
information technology capital. Journal of Business Ethics, 150(4), 991-1009.
Crane, A., & Matten, D. (2016). Business ethics: Managing corporate citizenship and
sustainability in the age of globalization. Oxford University Press
Globalreporting.org (2018). GRI Standards Download Homepage. [online] Globalreporting.org.
Available at: https://www.globalreporting.org/standards [Accessed 9 Oct. 2018].
GRI, G. R. I. (2013). Equator principles.
Laszlo, C., & Zhexembayeva, N. (2017). Embedded sustainability. In Embedded
Sustainability (pp. 116-140). Routledge.
Mota, B., Gomes, M. I., Carvalho, A., & Barbosa-Povoa, A. P. (2015). Towards supply chain
sustainability: economic, environmental and social design and planning. Journal of
Cleaner Production, 105, 14-27.

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Retamal, M. (2017). Product-service systems in Southeast Asia: Business practices and factors
influencing environmental sustainability. Journal of cleaner production, 143, 894-903.
Rossignoli, F., & Lionzo, A. (2018). Network impact on business models for sustainability: Case
study in the energy sector. Journal of cleaner production, 182, 694-704.
Schaltegger, S., & Wagner, M. (2017). Managing the business case for sustainability: The
integration of social, environmental and economic performance. Routledge
Sheffi, Y. (2018). Sustainability in Practice. Journal of Business Logistics, 39(3), 160-163.
Tur-Porcar, A., Roig-Tierno, N., & Llorca Mestre, A. (2018). Factors affecting entrepreneurship
and business sustainability. Sustainability, 10(2), 452
Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2017). Strategic management
and business policy (p. 55). Boston: pearson.