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Environmental Sustainability Reporting of Royal Construction Company

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Added on  2020-02-24

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ENVIRONMENTAL SUSTAINABILITY 17 ENVIRONMNETAL SUSTAINABILITY Environmental Sustainability Name of the student: Name of the university: Author’s note: Executive summary This report is based on sustainability of an organisation in which an organisation carries out an activity that does not deplete resources or create any harmful impact. Moreover, this report sheds light on the Sustainability Reporting of Royal Construction Company that provides the meeting with the objectives of the organisation. In addition, in the construction industry,

Environmental Sustainability Reporting of Royal Construction Company

   Added on 2020-02-24

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Running head: ENVIRONMNETAL SUSTAINABILITYEnvironmental SustainabilityName of the student: Name of the university:Author’s note:
Environmental Sustainability Reporting of Royal Construction Company_1
1ENVIRONMENTAL SUSTAINABILITYExecutivesummaryThis report is based on sustainability of an organisation in which an organisation carries out anactivity that does not deplete resources or create any harmful impact. Moreover, this report shedslight on the Sustainability Reporting of Royal Construction Company that provides the meetingwith the objectives of the organisation. In light of this, the organisations need to follow the triplebottom line (TBL) strategy that would be benefit for them. Economic, social and environmentalpillars of the organisation can bring sustainable development. In addition, in the constructionindustry, the organisations are looking forward to green building or green growth that would bebeneficial for future generations.
Environmental Sustainability Reporting of Royal Construction Company_2
2ENVIRONMENTAL SUSTAINABILITYTable of Contents1. Introduction..................................................................................................................................42. Concept of triple bottom line (TBL) and sustainable development............................................43. Relationship of TBL with sustainable development and its key concepts..................................54. Significance of TBL in sustainable development........................................................................65. Concept of sustainable construction and significance of TBL in sustainable construction........76. Sustainability report using Global Reporting Initiatives (GRI)...................................................86.1 Introduction of Company:......................................................................................................82. Strategies and analysis.............................................................................................................96.2 Organisational profile..........................................................................................................106.3 Reporting parameters...........................................................................................................126.4 Governance, commitments and engagement.......................................................................146.5 Management approach.........................................................................................................147. Discussion of the challenges and issues in reporting sustainability..........................................158. Conclusion.................................................................................................................................16Reference List................................................................................................................................17
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3ENVIRONMENTAL SUSTAINABILITY1. Introduction Environmental sustainability is all about using renewable resources and eliminating allthe things that induce pollution. Environmental sustainability helps to take measure in depletionof non-renewable resources. In addition, triple bottom line can be defined as the relationship ofthree pillars in sustainability; these are social, environmental and economic pillars ofsustainability. These three ideas or pillars must be sustainable. Among all three pillars,environmental sustainability is most important as rest two is depended on environment. The aimof the report is to highlight the environmental sustainability in light of construction project. Inthe first part of the report, the concept of sustainable environment will be discussed tosustainable development including economic growth. The construction industry has the closerelationship with environmental sustainability as with each step of construction, it erodes a partof environment. In this study, a sustainability report will be produced taking help of GlobalReporting Initiative. In order to make a sustainability report, a hypothetical organisation has beenchosen, named Royal Construction. 2. Concept of triple bottom line (TBL) and sustainable developmentTriple bottom line (TBL) is an accounting framework that expands the traditionalframework of n organisation in augmenting its area in social and environmentally friendly way.In this way, phrase was coined by John Elkington in the year 1997. Triple Bottom Line is aboutthree factors that are people, planet and profit that may lead to an organisation to havesustainability. The first part ‘people’ is about social equity. People are the human capital of anorganisation and community people (Malhotra, Melville & Watson, 2013). Organisations need toprovide benefits to the employees and their need to think about their well-being. The second
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