Sustainability Assessment Report

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

SUSTAINABILITY ASSESSMENT REPORT1
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

SUSTAINABILITY ASSESSMENT REPORT2
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

SUSTAINABILITY ASSESSMENT REPORT3
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.