MBA402: Sustainability Assessment Report on Timberwell Constructions

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This report is a sustainability assessment of Timberwell Constructions, a construction company, based on the GRI Sustainability Reporting Standards 2016. The assessment covers economic aspects, including financial implications of climate change, incidents of corruption, and legal actions related to anti-competitive behavior. Environmental sustainability is evaluated through energy consumption, impacts on biodiversity, and compliance with environmental regulations. Social sustainability is examined by analyzing employee turnover, discrimination incidents, and community engagement. The report highlights deficiencies in several areas, such as workplace discrimination, non-renewable energy use, and anti-competitive behavior, while proposing strategies for improvement, including renewable energy adoption, biodiversity protection, and proactive steps to enhance stakeholder engagement. The report concludes with recommendations for Timberwell to improve its sustainability performance and deliver a positive report to stakeholders.
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Running Head: REPORT 0
Sustainability Assessment Report
Timberwell Constructions
Student’s Details
10/7/2019
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REPORT 1
Introduction
Timberwell Construction is a construction company that operates its business in the building
industry and mainly constructs apartments and residential buildings. The working populace
inside the association delineates that it utilizes around 58 male staffs that are as of now
connected with various types of development-related works and professions. This ensures that
the required and desired numbers of employees of the organization are knowledgeable and
skilled (Vigneau, et al., 2015). Sustainability assessments are conducted by one of the most
essential and evaluated strategies for effective methods of decision making involving an
organization's environmental, economic and social needs. The following sustainability
assessment report will prepare an evaluation report for 2016 reporting GRI sustainability
standards, which will develop effective strategies to cover operational and administrative
deficiencies.
Economic Sustainability
Disclosure 201-2 financial implications and other risks and opportunities due to climate
change
GRI Disclosure 20l- 2 financial implications may be generated for the purpose of understanding
risk or for any climate change. While operating is based on the risk facing by the organization,
they will adopt a new strategy that financial investment needs to be achieved that will help them
in the process of fulfilling the objective permanently (Löf, 2018). This case is based on research
that can be said that this development is located in the Stanwell District area of Timberwell
construction sites that have been marked as bushy, based on local environmental planning. The
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REPORT 2
new regulations and fees will boost Timberwell as compliance will be around 4 million. To deal
with this, the organization is working in external city planning services provide approximately
$50,000 will be charged to companies. In addition, companies have agreed to work with the
Council of Stanwell to decrease compliance costs (Starik, et al., 2016).
Disclosure 205-3 Confirmed incidents of corruption and actions taken
GRI Disclosure 205- 3 describes the distortion of events as corrupt in nature and the measures
needed to counter it. With this disclosure, the risk to an organization is clearly assessed and the
policies and procedures provide the necessary support to be designed or implemented. With
regard to setting up Timberwell, it can be said that the corruption scandals are currently engaged
in five staff members and two business partners in one in charge of the corruption case. Bribes
are being offered by the Council to prisoners seeking approval. As an action against the same
Timberwell, two employees are suspended and the contract in the same partnership is terminated.
There will be one less than the same code for ethics and implementation practice that is designed
to ensure that no more corrupt behavior (Rigamonti, et al., 2016).
Disclosure 206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly
practices
With respect to the anti-competitive aspects of behavior, it can be said that the disclosure refers
to the legal action pending before the submission of the GRI 206-1 report that reflects aspects of
sustainability. The steps will be known to offer anti-disclosure and policies aimed at controlling
the effects associated with the behavior. Timberwell showcase studies are provided for the
construction of ACCC have been subject to the same charges for violating anti-competitive
behavior and market forces (Posner, 2014). Develop a strategy according to the future strategy
profile and goals of the organization for the company, including the aquaculture market analysis
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REPORT 3
of the external environment and the like. Second, more investment in achieving long-term goals,
thirdly being drafted laws and regulations related to anti-terrorism methods, they have to be fully
complied with in order to avoid obligations arising in this regard Will go (Swartz, et al., 2018).
Environmental Sustainability
Disclosure 302-1 energy consumption within the organization
All out utilization of fuel from non-sustainable sources is 1.0 Gigajoules. The complete
utilization of fuel from inexhaustible sources is 0.5 Gigajoules. The power utilization of the
organization is 2.0 Gigajoules. Along these lines, the all-out vitality utilization of the
organization is 3.5 Gigajoules. All the calculations have been led in Gigajoules (Pettinger,
2018).
As indicated by utilization, Timberwell will upgrade its inexhaustible fuel utilization by about
half by the following three years. This implies fuel utilization from non-inexhaustible assets will
diminish which will improve its ecological manageability in the business. The use of sustainable
power sources will likewise profit the earth and this is currently actualized by various
associations around the globe (Hervani, et al., 2017).
With the dangers of bringing down non-sustainable power sources the world over, it has turned
out to be critical to bringing down their utilization and the emphasis ought to be on utilizing a
greater amount of the sustainable power source assets.
Disclosure 304-2 significant impacts of activities, products, and services on biodiversity
As per the GRI Disclosure 304-2 reports identifying the huge effects of activities or the products
and administrations that are being rendered on the current biodiversity of the area. With the
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REPORT 4
consideration of this divulgence, an association would have the option to comprehend the
intention behind the improvement systems that would decrease the degree of negative effect on
biodiversity. In such a manner, it tends to be expressed that Timberwell was being fined with
nearly $200,000 because of the clearing of 0.45 hectares of meadows that were really a
jeopardized network beachfront grounds (Alhaddi, 2015). So as to keep away from any further
activities comparable to this that have the capability of putting a negative effect on the natural
benchmarks auditing and essential corrections of the outer vegetative administration plans have
been made. All the vital ecological models and guidelines before embraced or changing over any
region into a formative site would be done. Notwithstanding this in support with the Stanwell
board the association is further creating methodologies that would save the common living
spaces, just as duration with the proposed improvement, should likewise be possible (Longoni &
Cagliano, 2015).
Disclosure 307-1 Non-compliance with environmental laws and regulations
Timberwell paid a fine of $200.000 to vacate the land and spend $ 440,000 in the rehabilitation
plan. This organization can likewise get into other lawful fines in the event that it doesn't make
appropriate systems for keeping up its natural supportability. With the developing number of
development enterprises, a large portion of the nations has now actualized severe ecological laws
on ensuring the earth (Gliedt, et al., 2018).
The new advancement site of Timberwell is perceived as bushfire inclined and hence, the
organization will be additionally fined a measure of $4 million as a result of the new guidelines.
Further, for the improvement application, the costing will be about $50, 0000. This demonstrates
dismissing the natural factor can bring about enormous misfortunes for the vast majority of the
associations and the case is the equivalent for Timberwell too. As indicated by the new LEP
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REPORT 5
guideline, territories are rezoned as bushfire inclined should be kept up with top-notch norms of
the wellbeing of bushfire. Consequently, this guideline must be kept up firmly by Timberwell
Constructions (Evans, et al., 2017).
Social Sustainability
Disclosure 401-1 new employee hires and employee turnover
The given scenario at first glance, it is clear, unmistakably Timberwell Constructions is occupied
with the improvement of lofts since it is a private advancement organization. It operates in the
District Board of Stanwell. These 58 members have a set skill in terms of various trades and
occupations. In the reporting period, 17 workers left the company and have been trained and
hired 12 skilled participants to operate, not to hire. It is also clear that fellow employees can
leave the companies involved or they are setting up their company.
The company's business showed dissatisfaction with the work culture among staff members with
a high level of uncertainty. Further, there is additionally the potential imbalance in the working
environment. The company is not able to maintain the scale of manpower to manage their
projects. This can affect the quality of services provided (Longoni & Cagliano, 2015).
Disclosure 406-1 Incidents of discrimination and corrective actions are taken
In the ensuing reporting period due to the resignation of a company employee, a discrimination
case has been filed in the workplace harassment case. He has faced discrimination in relation to
age and a joke made to shame. The proper admission of its claim with the commission is direct
evidence that the organization is in the wrong position in its count. As a corrective action,
organizations of anti-discrimination should update their policies. Anti-discrimination training
was also started, but the organization, but not the honest work on the Commission's instructions.
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REPORT 6
Thus, this week went on to report incidents of discrimination and was found to be correct
according to the Commission's proper work.
To improve image and reputation, strategies create female employee organization employment,
but with the right guidance and policy. Note that this is internal discrimination. It is probably that
it has not been referenced and resolved in many pending proceedings. To prevent all forms of
discrimination is to be prevented by the organization, according to ILO tools and guidelines. It is
recommended that the organization take all possible steps to prevent modifying the policies and
procedures of discrimination of fairness.
Disclosure 413-1 Operations with local community engagement, impact assessments, and
development programs
In this context, it has been found that the Department of Energy and Environment, is going to
complain against the organization who was fined $ 200,000 after investigating the cause, it was
found that 0.45 hectares of grass ecological communities supported the basis of. The vegetation
management plan, audit program was extended to the contractor, and the order was passed to the
organization for an external review of the execution of the plan of rehabilitation. The total cost is
estimated to be at least $ 440,000. It is necessary to enhance the image of this organization and to
ensure local media has issued media releases.
Conclusion
From the above sustainability assessment report, it can be concluded that Timberwell
Construction with some areas underlines the lack of operational elements while reporting their
actions. The company's performance has failed in many areas of sustainability policies, including
neglect of discrimination in the workplace, various promotions, conservation of natural
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REPORT 7
resources, non-renewable energy use and anti-competitive behavior. The company has an action
to solve problems related to the management, use of renewable energy sources, proactive steps
and rate increase, along with employees to protect biodiversity. Therefore, future challenges
related to group stability and provide a progressive report. Various stakeholders that companies
need to involve customers and shareholders in many areas to report to identify local impacts. The
company makes sure to violate its rights to reduce carbon emissions management and not to
negotiate with labor in need of repair. It aims to deliver a positive report to stakeholders,
including customers and future shareholders.
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REPORT 8
References List
Alhaddi, H., 2015. Triple bottom line and sustainability: A literature review. Business and
Management Studies, 1(2), pp. 6-10.
Evans, S. et al., 2017. Business model innovation for sustainability: Towards a unified
perspective for creation of sustainable business models. Business Strategy and the Environment,
26(5), pp. 597-608.
Gliedt, T., Hoicka, C. E. & Jackson, N., 2018. Innovation intermediaries accelerating
environmental sustainability transitions. Journal of Cleaner Production, Volume 174, pp. 1247-
1261.
Hervani, A. A., Sarkis, J. & Helms, M. M., 2017. Environmental goods valuations for social
sustainability: A conceptual framework. Technological Forecasting and Social Change, Volume
125, pp. 137-153.
Löf, R.-M., 2018. Economic sustainability. [Online]
Available at: https://www.hig.se/Ext/En/University-of-Gavle/About-the-University/
Environmental-Work/What-is-sustainable-development-at-HiG/Economic-sustainability.html
[Accessed 29 September 2019].
Longoni, A. & Cagliano, R., 2015. Environmental and social sustainability priorities: Their
integration in operations strategies. International Journal of Operations & Production
Management, 35(2), pp. 216-245.
Pettinger, T., 2018. Environmental sustainability – definition and issues. [Online]
Available at: https://www.economicshelp.org/blog/143879/economics/environmental-
sustainability-definition-and-issues/
[Accessed 29 September 2019].
Posner, M. H., 2014. Michael H. Posner: Why It Pays for Businesses to Boost Sustainability.
[Online]
Available at: https://www.ge.com/reports/post/96692402429/why-it-pays-for-businesses-to-
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Rigamonti, L., Sterpi, I. & Grosso, M., 2016. Integrated municipal waste management systems:
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Starik, M., Stubbs, W. & Benn, S., 2016. Synthesising environmental and socio-economic
sustainability models: a multi-level approach for advancing integrated sustainability research and
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Swartz, H., Santo, R. & Neff, R. A., 2018. Chapter Five - Promoting Sustainable Food System
Change Amidst Inequity: A Case Study of Baltimore, Maryland. Advances in Food Security and
Sustainability, Volume 3, pp. 135-176.
Vigneau, L., Humphreys, M. & Moon, J., 2015. How do firms comply with international
sustainability standards? Processes and consequences of adopting the global reporting initiative.
Journal of Business Ethics, 131(2), pp. 469-486.
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