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Sustainability Assessment Report of Timberwell

Prepare a sustainability assessment report for Timberwell Constructions referring to the Consolidated Set of GRI Sustainability Reporting Standards 2016.

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Added on  2023-01-20

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This report assesses the sustainability of Timberwell Construction Company in terms of economy, society, and environment. It examines the challenges faced by the company and the measures taken to sustain the business. The report uses GRI standards to make the assessments.

Sustainability Assessment Report of Timberwell

Prepare a sustainability assessment report for Timberwell Constructions referring to the Consolidated Set of GRI Sustainability Reporting Standards 2016.

   Added on 2023-01-20

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Running head: SUSTAINABILITY ASSESSMENT REPORT OF TIMBERWELL
Sustainability Assessment Report of Timberwell
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Sustainability Assessment Report of Timberwell_1
SUSTAINABILITY ASSESSMENT REPORT OF TIMBERWELL1
Executive Summary
Objective of this report is to assess the sustainability of the Timberwell Construction
Company in Stanwell Council District with respect to economy, society and environment.
The report provided all the necessary information regarding all the three aspects. It is
discussed in the report how the company dealt with the adversities it faced in economic,
social and environmental grounds and how it solved the issues and tried to sustain in the
business. By using the GRI standards the report has been made and, in the end, it has been
discussed that in from which aspect Timberwell is sustainable and from which not.
Sustainability Assessment Report of Timberwell_2
SUSTAINABILITY ASSESSMENT REPORT OF TIMBERWELL2
Table of Contents
Introduction................................................................................................................................3
Economic Sustainability.............................................................................................................3
Climate Change......................................................................................................................3
Corruption..............................................................................................................................4
Anti-Competitive Behaviour..................................................................................................4
Environment Sustainability........................................................................................................5
Energy consumption...............................................................................................................5
Effect of activities on the environment..................................................................................6
Environmental laws................................................................................................................6
Social Sustainability...................................................................................................................7
Employment...........................................................................................................................7
Organizational discrimination................................................................................................7
Local community development programmes.........................................................................8
Conclusion..................................................................................................................................8
References................................................................................................................................10
Sustainability Assessment Report of Timberwell_3
SUSTAINABILITY ASSESSMENT REPORT OF TIMBERWELL3
Introduction
Timberwell Constructions Company is an organization in Australia, which is involved
in construction of residential buildings. Currently, it is developing residential facilities in the
Stanwell Council District. In this period, the company faced few social, economics and
environmental challenges due to arise of few unwanted situations caused due to both internal
and external disturbances. However, to cope with the situations the company took few
measures to counter the effect of the adversities occurred. It is thus required to be assessed
that how the company with the taken measures mitigates the challenges and sustains with
these adversities going on. Thus, to assess the sustainability of the corporation in the areas of
social, economic and environment, this report has taken the approach of GRI standards to
make the assessments (Chen, Tang and Feldmann). For economic sustainability assessment
Disclosure 201, 205 and 206 has been taken, for environmental assessment Disclosure 302,
304 and 307 is considered and for social sustainability assessment Disclosure 401, 406 and
413 is referred. Hence, using all different GRI standards the sustainability report has been
prepared for the Timberwell Company and the sustainability assessment is made.
Economic Sustainability
Climate Change
With the global change in the climate the warming effects has worsened and the
probability of bushfire has increased. Perceiving the hostile outcome of the bushfire the
Stanwell council has made amendments in the Local Environmental Plan (LEP) and rezoned
some parts in specific as bushfire prone in the district of Stanwell (Chan 2015). This
modification introduces new guidelines for developing new buildings in the bushfire prone-
zoned areas. The guidelines states that there should be larger gaps between land boundaries
and buildings and for construction retardant building material should be used. These
Sustainability Assessment Report of Timberwell_4

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