Sustainability Report on GRI Standards for Timberwell Construction

Running head: SUSTAINABILITY REPORT
Sustainability Report
Name of the Student:
Name of the University:
Author’s Note:

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SUSTAINABILITY REPORT
Executive Summary
The main purpose of this assignment is to analyze the case study as given in the assignment. The
report will be based on the GRI Standard on sustainability. The report will be focusing on the
Economic Sustainability standard 200, Environmental Sustainability Standard 300 and Social
Sustainability Standard 400. The report will be prepared on the basis of case study as provided in
the assignment.

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SUSTAINABILITY REPORT
Table of Contents
Introduction......................................................................................................................................3
A. Economic Sustainability.......................................................................................................3
i. Disclosure 201-2...................................................................................................................3
ii. Disclosure 205-3...................................................................................................................4
iii. Disclosure 206-1...............................................................................................................5
B. Environmental Sustainability................................................................................................6
i. Disclosure 302-1...................................................................................................................6
ii. Disclosure 304-2...................................................................................................................6
iii. Disclosure 307-1...............................................................................................................7
C. Social Sustainability.............................................................................................................8
i. Disclosure 401-1...................................................................................................................8
ii. Disclosure 406-1...................................................................................................................8
iii. Disclosure 413-1...............................................................................................................9
Reference.......................................................................................................................................10

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SUSTAINABILITY REPORT
Introduction
The report deals with the standard which have been introduced in order to ensure that
sustainability is maintained. GRI standards are the first global sustainability reporting standards
introduced. The main purpose of the standard is to report on the sustainability based on best
practices of economical, environmental and social benefits (Marimon et al. 2012). With the
introduction of the new standards on sustainability, it is expected to bring about improvement in
the overall reporting practices (Planken 2013).
A. Economic Sustainability
i. Disclosure 201-2
As per GRI Standard, an organization shall report on the following information which are
relates to different risks which are posed by climatic changes and such risks have the
potential to impact the operations, expenditures and revenue of the organization which
includes:
 Description of risks or opportunities and classification as either physical, regulatory
 The company must report on the impacts of the risks or opportunities which affect the
business.
 Financial implications of the risks or opportunities before actions are taken.
 The methods which are used to manage risks or opportunities.
 The costs which are related with the actions taken to manage the risks or opportunities.
The company also needs to report on the plans and time line in which the management
plans to develop a system to measure financial implications and costs, if such a cost or
implications system is not present (Toppinen et al. 2012).