MBA402 Timberwell Construction: GRI Sustainability Assessment

This report assesses Timberwell Construction's sustainability performance based on the Global Reporting Initiative (GRI) standards. It covers economic sustainability, including financial risks from climate change, corruption incidents, and anti-competitive legal actions. The report also examines environmental sustainability, focusing on energy consumption, biodiversity impacts, and compliance with environmental regulations. Social sustainability aspects include new hires, employee turnover, discrimination incidents, and community engagement. The assessment reveals areas of strength and weakness in Timberwell's sustainability practices, offering insights for stakeholders and highlighting the importance of corporate disclosures for informed decision-making. The report concludes that adherence to GRI standards is crucial for companies like Timberwell to ensure transparency and contribute to sustainable development, emphasizing the need for continuous improvement in environmental and social responsibility.

Introduction
This report is prepared to disclose Timberwell construction sustainability as a corporate measure
as guided by GRI (Global Reporting Initiatives), 2016. The reporting initiatives advocates the
assessment of the effects of firm’s activities on the society, economy, and the environment. In
addressing the sustainability report, the company is committed to disclosing specific concerns to
the environment, social, and economic standards. The economic sustainability of the company is
revealed in issues relating to corruption, laws relating to competition, and implications of finance
regarding climate change. The operations of the company are assessed on its impact on the
compliance status on matters of environmental regulations, energy efficiency consumption, and
waste reduction. The report further reveals the social sustainability of the company in regard to
measures of hiring employees, incidence of discriminations and employees turnover.
Economic Sustainability
Disclosure 201-2: this disclosure is about the risk associated with monetary implications on a
company as a result of a change in climate conditions from the business operations. Timberwell
construction gives a compliance report as caused by the changing climate on the various risk or
opportunity associated by operations of the company. Disclosure of the company revealed that
the company was penalized for ecological destruction of the environment clearance by the
company to allow constructions.
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The company is, therefore, tasked by this disclosure, the number of corruption cases in the
company. The legal cases regarding employee dismissal are essential to the stakeholders
Disclosure 205-3 this disclosure is concern with confirmation of corruption cases and taking
actions as required. of the company in gauging the response to such incidence by the
management. Timberwell is engaged in a public relation campaign to improve the image of the
through a media release that is aimed to enhance the corporate image.
Timberwell is responsible for disclosing the number of cases that have involved the
employees being dismissed in the company due to disciplinary issues. The company revealed the
employees who engaged in shady deals with the partners of the company council projects. The
company further explains the need to terminate their contracts resulting from this violation of
employment contracts.
Disclosure 206-1: depicts the reporting of in regard to the legal rules affecting the
company reporting framework. Such rules deal with the competition among firms, anti-trust and
laws relating to monopoly behaviour. Legal laws against competitive behaviour or monopoly
practices can create an impact on the choice of the consumer, pricing, and other factors, which is
essential to efficient markets. (VanGrembergen and De Haes 2017). Timberwell was found by
the Australian competition and consumer commission to be involved in monopoly practices anti-
competitive behavior. Through a case filed by ACCC regarding the misuse of market power and
prevention of new entrants to the market of the district of Stanwell, the case should be disclosed
in the sustainability report.

Environmental Sustainability
Disclosure 302-1 deals with energy consumed in an organization. The organization disclosure on
the use of energy sources is essential to the stakeholders. Timberwell company have various
sources of energy such as fuel consumptions, construction power, renewable and other non-
renewable sources of energy. The main company source of energy is power. This power is
derived from either renewable or non-renewable energy. Non-renewable energy is categorized
into the furnace, fuel from boilers, and emission from vehicles. This source of power is derived
from activities generated by fuel like gas from mining, coal gas, and extraction from oil. The
company has various measures of corrective strategies in protecting the environment against
pollution. The company’s consumption of non-renewable sources is 1 gigajoule and 0.5
gigajoules from renewable sources. The consumption of electricity is 2 gigajoules making the
total consumption of the firm to 3.5 gigajoules. The disclosure from the firm as released from the
media claims that the company has a planned program to increase the energy consumption from
renewable sources to about 50% of total energy consumed in three years to come.
Disclosure 304-1 deals with the Important influence of the activities of the company on
biodiversity. The company values its biodiversity in its construction activities, especially within
its protected areas. The disclosure reports of the company on biodiversity issues indicates the
monitoring activities of the firm to reduce the outcome risk from this issue. The firm also can
manage the signs of biodiversity and reduce challenges of mismanagement.
The media release disclosure of the company states about the company commitment to
undertake measures of assessing the impact of their proposed residential projects in the
community. This has been possible by involving the community in the planning and setting aside
expenditure funds for programs for the community. This planned development involves
initiatives such as meetings with the locals, environment impact assessment, and efforts to meet
affordable housing in Stanwell district. This disclosure, as revealed by the company, lays the

foundation of restructuring the company’s tactics to combat the significant quantity of both
direct and unintended results of biodiversity (Fassin 2015).
Disclosure 307-1 this disclosure deals with non-compliance with regulations and laws of
environmental protection. The company media release shows several fines and numerous non-
financial sanctions that are linked to non-compliance of the conventional laws for environmental
protection. During the period of collecting information, the disclosure from media release
indicates that all the penalties of the firm are supposed to be converted into financial terms
including legal and administrative sanctions (Milne and Gray 2013). These sanctions comprise
of treaties, declarations, and other international conventions. All this compliance is a requirement
from both the local, regional, and national laws. Environmental assessment report of the
company reveals that a fine of $200 000 was imposed on the company due to the company
clearing 0.45 hectares of land leading to environmental and community threat of coastal
grasslands.
Moreover, the company cleared land was a move aimed to preserve and protect the fauna and
flora, as stated by the state development scheme. Timberwell Constructions undertook a
vegetarian management plan as directed by the government commission as an audit program to
conserve the environment. The audit program is scheduled to cost the company $440 000 or less.
Disclosures of the company on the environmental conservation and issues of non-compliance
challenges could cost the company severe obligations and environmental sanctions. Through
compliance with environmental laws and regulation, companies are set to obtain strength for
substantial expansion and growth by enhancing the daily operations of the company.
Social Sustainability
Disclosure 401-1 deals with the hiring of new human resources and employee turnover.
According to disclosures from the reports of the company, the sum of personnel during the

reporting period is required to understand the percentage of new employees and turnover of the
staff. During the gathering of data for the disclosures of social sustainability, GRI requires the
sum of employees of the company to be known. Timberwell Constructions firm is entitled to
employ 58 male workers in the local area undertaking various constructions’ occupations. Due to
the competitive local market industry around the company, Timberwell hires 12 apprentices
because 17 employees left the company to another rival firm while others start their own
business. The employees’ turnover rate is 29% this has led to increased monthly payments and
employees increased remunerations to attract and retain employees. The disclosure shows a high
rate of dissatisfaction and high staff turnover due to uncertainties surrounding the employment
contracts of the firm. The employee turnover of the firm is due to the change in structure and the
essential operations of the company.

Disclosure 406-1 deals with Incidence of discrimination. The company revealed the sum of
discriminatory cases and measures taken during the period of reporting. Recent complains of the
discriminatory issue relates to Denis McCabe due to unfair treatment from the organization. The
complainant claimed that the rest of the employees discriminated him about his old age in the
company. After filing a case about his unfair treatment, the company was ordered to compensate
him $4 400 (Acharya and Kehoe 2013). The company was further compelled to adopt a
disciplinary action and provide training to all its staff members.
This case in the company is a clear alarm about the practice of discriminations in the workplace
among the employees on an individual. The employee harassment claim is against the standards
of anti-discrimination policy . thus, the sustainability report ought to make disclosures in relation
to a plan to assess the internal management strategies to curb such vices.
Disclosure 413-1 deals with operations with local community engagement in the sustainability
issues of the environment. The disclosures of the firm concerning this issue reveal that most of
its operational activities include local participants for an environmental assessment to enhance a
socially significant company. The company public relations is entirely managed through the use
of public relation officers which solve negative public image and solve the company’s
community issues. Timberwell Construction ecological assessment statement indicates many rare
sedge frog’s presences in Otto Park. Having reported the issue to its high residential
development, the company warned a disruption of the frog breeding areas which could reduce
their population. Thus, the company revealed its commitment to conserving the development of
construction sites to promote the existence of the frogs. The main concern is the participation of
the community and the company in planning and involvement to protect the environment. This
measure assists the company from negative publicity from local communities.

Timberwell initiatives for safeguarding the environment is appreciated by the
communities and the local’s residents. There are several tools that firms use to engage the
community in a move to meet the social and human rights. The process of involving the
community and all the stakeholders in the environment enables the company to expedite their
duties without disruptions from the authorities.
Conclusion
The disclosures of the Timberwell Construction regarding economic, environmental, and social
sustainability as discussed is reported under the standards global reporting in initiatives. This
guidance of the reporting in the company an equal and realistic representation of the firm
activities in its practical nature. The available information obtained from sustainability reporting
enables both internal and external stakeholders to choose an option; it also assists them in
making informed decisions in relation to Timberwell construction contributions to a sustainable
development. Moreover, it is evident that the sustainable environmental report is important in
todays business environment. Companies such as Timberwell are concerned with the impact that
the company’s activities causes to the environment including the social being. Thus, the
standards measure as provided by the GRI is a necessary policy for corporate disclosures.
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