Sustainability Management: GRI Standards Reporting on Timber Well Constructions

This report reflects the actions taken by Timber Well Constructions in context of economic, environmental, and social impacts resulted from the activities conducted by the organization. It is prepared on the basis of the Global Reporting standards (GRI) and reflects all the required disclosures.

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Introduction
Sustainability report is considered as that report which highlights the actions taken by the
organizations in context of the economic, environmental, and social impacts resulted from the
activities conducted by the organization. This report further states the values and governance
models in terms of the chosen organization. It further reflects the connection between the
strategy of the organization and commitment of the organization in terms of ensuring the
sustainable global economy.
This report is prepared on the basis of the Global Reporting standards (GRI) and reflects all the
required disclosures. GRI standards are defined as the first global standards in lieu of the
sustainability reporting. The main aim of these standards is to reflect the modular and unrelated
structure of the reporting material, and states the best practices accepted at global level (GRI,
2018).
This paper shows the GRI standards reporting, and this reporting is done on the basis of the
given case study that is Timber Well Constructions. Timber well is the organization which
conducts its business in the construction industry and it mainly performs its functions in the
residential development projects. This organization mainly builds the apartments in the district of
Stanwell council. There are three sections in this report that are economic sustainability,
environmental sustainability, and social sustainability. Further these sections report on the
incidents occurred in the Timber Well on the basis of the GRI disclosures. Brief conclusion is
stated at the end of the report for concluding this report.
Economic Sustainability
Economic model related to the sustainability of the GRI standards reflect the impact of the
business operations conducted by the organization on the economic reliability of its stakeholders
and also the economic system at national and international levels. All these standards further
shows the movement of capital in the different stakeholders of the organization, and it further
reflects the impact of economic aspects of the organization in the complete society (Pravin, &
Murali, 2017).
Disclosure 201-2 -Financial implications and other risks and opportunities due to climate
change- This disclosure mainly highlights the risk and opportunities in lieu of the changes
occurred in the society, and it further aims to ensure the required changes in the profits and
expenditures of operations (GRI, 2016a). Some of the reporting guidelines related to Timber well
Constructions are defined below-
1. Changes occurred in the climate directly impose risk on the organizations such as
increases in the bushfires and effected operations of the Timber well because of the
warming effects of the climate. It must be noted that, this risk is defined as the physical
risk because it affects the functions of the project conducted on site.

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2. Construction projects cycle of the Timber well face the direct effects of the changes
occurred in the climate. However, this cycle face some indirect effects also which mainly
includes the delay occurred in site programming, threat to the workers safety, late
delivery of the raw material, and increased cost of the raw material.
3. Some new laws are framed by the government for dealing with all the identified climate
change risk, and implementation of these standards in the Timber well management cost
almost $4 million to the organization (Camilleri, Jaques & Isaacs, 2001).
4. For Responding these identified climate risk, recommendations are made by the Stanwell
Council. These recommendations states that, organization need to make changes in the
LEP and these changes rezone the particular areas of the bushfire prone in the Stanwell
district.
Disclosure 205-3 Confirmed incidents of corruption and actions taken Economic
sustainability- This disclosure aim to show the organization actions impact on the society,
climate, and local community (GRI, 2016b). Some of the reporting guidelines related to Timber
well Constructions are defined below-
1. In Timber well there is one incident of the corruption occurred, in which, five employees
of the organization and two business consultants give bribe to the construction project
officers of the Stanwell council for getting fast approval related to the development
applications of the organization.
2. The incident of corruption in which almost five employees of the organization are
terminated is same as defined in first point. As employees of the organization are
responsible to give the bribe to the construction project officers of the Stanwell council.
After the investigation of this conducted, organization decided to suspend the employees
without any pay.
3. In this incident of corruption, two business consultants of the Timber well are also
involved, because of which organization cancels their partnership agreement with these
consultants.
4. Mr. Dennis McCab (former employee) made the complaint against this corruption
incident of the organization to the state corruption commission. Later commission
decided that all the five employees and one external business consultant is charged in
context of this incident.
Disclosure 206-1 Legal actions for anti-competitive behaviour, anti-trust, and monopoly
practices- This part of the report defines the legal actions taken by the organization under the
national and international laws in terms of the practices related to the anti-competitive behaviour,
anti-trust, or monopoly (GRI, 2016c). Some of the reporting guidelines related to Timber well
Constructions are defined below-
1. Proceedings are taken against the Timber well by the Australian Competition and
Consumer Commission (ACCC) in the Federal court of Australia in lieu of the anti-

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competitive behaviour of the organization, and these allegations also includes the misuse
of the market power and exclusive dealings. ACCC also states that, group of the local
builders were planning to establish the company which is competitive in nature, and for
preventing the competitive threat Timber well states to the organization suppliers that in
case they supply material to the competitors then organization close or reduced the
business with them (Pucio, 2013.
2. Decision of this case is not yet given, as this case is listed in the Federal Court of
Australia and it is expected that this case is decided in the coming 4 months.
Environmental Sustainability
Environmental sustainability model in the GRI standards reflect the impact of the organization
actions on the on both living and non-living natural systems of the nation.
Disclosure 302-1 Energy consumption within the organisation- This disclosure of the GRI
states the energy consumed by within the organization and this consumption is determined by
evaluating different factors (GRI, 2016d). Some of the reporting guidelines related to Timber
well Constructions are defined below-
1. Timber well consumed almost 1.0 Gigajoule from the non-renewable energy sources, and
1 Gigajoule is equivalent to the 109 Joules.
2. Timber well consumed almost 1.0 Gigajoule from the renewable energy sources, and 0.5
Gigajoule is equivalent to the 109 Joules.
3. Timber well consumed almost 2.0 Gigajoules within their organization.
4. Energy consumption of the organization is calculated on the basis of the tools related to
the calculation, and all these tools of calculation are recommended by the Australian
Department of Industry and Science.
5. Further, Timber well implement the program in context of raising the consumption of
fuel, as this program reduced the consumption of the renewable resources to only 50% of
its fuel consumption in next 3 years.
Disclosure 304-2 significant impacts of activities, products, and services on biodiversity-
This disclosure state the impact of the organization functions on the biodiversity (GRI, 2016).
Some of the reporting guidelines related to Timber well Constructions are defined below-
1. Direct and indirect effects of the organization functions on the biodiversity in lieu of
below stated programs-
 Complaint is filed by the former employee of the organization to the Department
of the Environment and Energy against the Timber well, and in this he states that
0.45 hectares of critically endangered ecological community coastal grasslands
was cleared by the organization for developing their residential project.

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 This action of the organization cause both direct and indirect effects on the
biodiversity, and further it is reported by the State planning scheme that area
cleared by organization contain special Flora and Fauna elements.
 Department also perform the environmental impact assessment, and this
assessment is done on the Otford Park development site of the Timber Well. On
this site, it is discovered by department that 60% of the site is populated from the
rare wallum sedge frogs.
Disclosure 307-1 Non-compliance with environmental laws and regulations- This part of the
report defines the penalties imposed by the authorities on the Timber well because of the non-
compliance of the laws and regulations deals with the environment (GRI, 2016f). Some of the
reporting guidelines related to Timber well Constructions are defined below-
1. In lieu of the action taken by the organization of clearing the grasslands results in severe
penalties for the organization. As authorities stated that, organization needs to conduct
the external review of its vegetation management plan. Audit programs of the
organization are also extended in lieu of its contractors. Implementation of this plan
requires the cost of $440000 for ensuring the rehabilitation.
2. Further, this organization worked with the Stanwell council and also the Stanwell groups
for the purpose of evaluating the strategy used to manage the proposed development by
the council and also the protection of the wallum sedge frogs.
Social sustainability
This section of the report ensures the assessment of the impact from the organization functions
on the society and local community of the nation.
Disclosure 401-1 new employee hires and employee turnover - Some of the reporting
guidelines related to Timber well Constructions are defined below (GRI, 2016g)-
1. Almost 58 male employees are hired by the organization, and all these employees are
hired from different areas of the construction related work. During the reporting period
Timber well also employed almost 12 apprentices, and these employees are hired because
of the increased competition. These employees are aged between the years 30-50, but
only single employee is above the age of 50 years.
2. In organization almost 17 employees are resigned, and some of these left because of the
own business and some left because of the rival organization offers.
Disclosure 406-1 Incidents of discrimination and corrective actions taken - Some of the
reporting guidelines related to Timber well Constructions are defined below (GRI, 2016h)-

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1. In the reporting period, only one incident of the discrimination is reported and this report
is filed by Mr Dennis McCabe with the Fair Work Commission. He made the allegation
that he leaves the workplace because of the harassment.
2. Some of the incidents and process taken by the Timber well are stated below-
 Dennis McCabe files the complaint against the company under the workplace
harassment. He stated that, his co-workers make him target of the age related
jokes. Timber well review this incident and required actions are taken by the
Timber well.
 Timber well is ordered by the Fair Work Commission to pay $4400 in the form of
compensation, and Timber well further informed to make updates in the anti-
discrimination policy and provide training to all the employees of the organization
in this field. Timber well takes actions to compliance with these orders.
Disclosure 413-1 Operations with local community engagement, impact assessments, and
development programs- Some of the reporting guidelines related to Timber well Constructions
are defined below (GRI, 2016i)-
1. Numbers of actions are taken by the Timber well for the purpose of engaging in the local
communities, and they further conduct the performance assessments in terms of their
impacts.
2. Timber well states the expenses in context of engaging with the local community and also
conducts the impact assessments. They also initiate the social development programs in
terms of the developments of the residential areas (Chen, 2016).
Conclusion
This report is prepared on the basis of the Global Reporting standards (GRI) and reflects all the
required disclosures. This report further represents the modular and unrelated structure of the
reporting material, and states the best practices accepted at global level. Economic model related
to the sustainability of the GRI standards reflect the impact of the business operations conducted
by the organization on the economic reliability of its stakeholders and also the economic system
at national and international levels.
References
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