Sustainability Assessment Report for Timberwell Construction (MBA402)

This report provides a sustainability assessment of Timberwell Construction, analyzing its performance based on the GRI (Global Reporting Initiative) standards. The assessment covers three key areas: economic, environmental, and social sustainability. The economic section examines financial implications related to climate change, confirmed incidents of corruption, and legal actions concerning anti-competitive behavior. The environmental analysis focuses on energy consumption, impacts on biodiversity, and non-compliance with environmental regulations. The social sustainability aspect investigates employee turnover, discrimination, and community engagement. The report highlights specific GRI disclosures (201-2, 205-3, 206-1, 302-1, 304-2, 307-1, 401-1, 406-1, and 413-1) and uses a case study approach to evaluate Timberwell's practices, identifying areas of concern and non-compliance. The report concludes with an overview of Timberwell's sustainability performance based on the provided information.

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Table of Contents
Introduction.................................................................................................................................................3
Discussions..................................................................................................................................................3
1: Economic sustainability.......................................................................................................................3
2. Environment sustainability..................................................................................................................5
3. Social sustainability..............................................................................................................................7
Conclusion...................................................................................................................................................8
References...................................................................................................................................................8

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Introduction
The aim of the report is to analyze the sustainability in the business organization
Timberwell construction related to the rules, regulations and standards of GRI (global
reporting initiative), 2016. These kinds of assessments help the business units in
analyzing and identifying the concerns related to the social, environmental and
economical aspects. The purpose of this specific report is to prepare the sustainability
report comprising of all the aspects. For example social, financial and also the
environmental issues under which all the disclosures takes place for the residential
company of development.
The economical sustainability of the business organization will be explained in this
report that will be related to the various types of disclosures of the company. For
example corruption in financial terms, illegal activities like anti competitive behavior,
financial issues, and issues related to the changes in the climate. Such act of the
company has impacted the goodwill and market value that will also be discussed. The
impact of the activities on company will be elaborated with reference to the disclosures
related to the consumption of the fuel and energy, non-compliance of the company with
the environment, impact of the company on bio diversity, etc. The other part of the
report will let us know about the social sustainability related to operations, discrimination
acts of the employees, and other activities (Weaver, et.al. 2017).
Discussions
1: Economic sustainability
The assessment and analysis will be done on various references on the economic
sustainability. The disclosure of 201-2 is basically about the financial implications, risk
factors and also the opportunities for Timberwell construction due to the activities and
operations done by the company. They harm the climatic conditions. The company is
complying with such behavior is compulsorily bound to report the data and information
of any change or impact in the operations, revenue and expenditure is due to the

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climatic changes. There is a need to comply the data and some additional aspects
related to the magnitude, direct and indirect effects must be reported by the company. If
the company can't find any solution and system for the measurement of the projections
of financial implications then there is a requirement to report a perfect plan and timeline
for the same (Di Fabio, 2017).
The analytical study in the Timberwell states that the company was fined as their
activities and operations affected the coastal grasslands of the community. The
company has cleared the grasslands for their own purpose, destroyed the flora and
fauna of that particular area. In the light of this, there is requirement of the disclosures
that has to be made related to the methods used for the management. They are related
to risk, opportunities, threats, etc. The use of the carbon offsets by the company, bring
improvement in the efficiency of carbon, lower down the carbon foot prints and also
switch the use of the fuel (Holden, Linnerud, Banister, Schwanitz, and Wierling, 2017).
The disclosure 205-3 is all about confirming the incidents of the corruption taken place
in the company and also to take safety measures and actions so that it cannot be
happen in the future. As per the requirements of this disclosure, there is a need to
disclose all the corruptions committed by the company in the past. They have to make a
list of all the corruptions. There is also a need of disclosure for all the legal cases that
has filed against the company and the dismissal of the employees working with the
same. It is now became the responsibility of all the stakeholders of the company to
check all the disclosures, to take interest in the occurrence and happening of the
incidents (Stafford-Smith, et.al, 2017).
The construction of the company was also involved in the process of bribing the council
projects that are official in nature for the growth and development of the company by
using approval procedures. The outcome for the same is still pending and must be
reported in the report of the sustainability. There is also requirement of disclosure
related to the termination of the partnership contact of two external consultants (Nerini,
et.al. 2018).

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The disclosure 206-1 states that the reports related to the monopoly practices taking
place in the company, antitrust and the legal actions related to the anti competitive
nature of the company. It is basically based against the legal actions of the company for
the mishap of the same like antitrust, anti competitive behavior, etc. there is a need of
the total outcomes and numbers of all the legal actions like decisions ad judgment must
be disclosed by the buisnes organization (Ali, et.al. 2017).
The analytical study on this case depicts that the Australian competition and consumer
commission filed case against the Timberwell Company for entertaining illegal activities
of breaking the practices, antitrust, anti competitive behavior. The company was
involved in the misusing of the exclusive deals and using the market power for
prevention and stopping the new entrants in the growth market of district Stanwell. The
case has been filed by Australian competition and consumer commission (ACCC)
against the antitrust, anti competitive behavior, etc. that were afterwards filed in the
federal court that must be disclosed in the reports of the sustainability (World Health
Organization, 2017).
2. Environment sustainability
The assessment done for the environment sustainability of the company Timberwell
with the reference to the disclosures related to the GRI disclosure of 302-1. It deals with
the need and requirement of the business organization that has to prepare reports of
the entire consumption of the energy and fuel. Along with this, the company also has to
disclose the consumption of various types of renewable and also the non renewable
energies related to the hot, cool and steam energy consumption. The mistake that
should be avoided is double counting of the fuel and its consumption. There must be
different report for the renewable and non renewable sources of the company. It can be
recommended that they can use formula to calculate the real consumption and then
disclose the same (Stiglitz, Sen, and Fitoussi, 2009).
It was clearly depicted in the case study that the company Timberwell construction also
had media release showing that they must show the efficient energy used by them in

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the consumption table. The table should inclusive of all the tools of calculation of
organization energy consumption that was recommended by the Australian department
of science and industry. It was also revealed that the company was relied on the
consumption on the non renewable resources of the energy that is implemented by
environment plan. So we can say this the company is at least compliance with the
regulations of environment. As per the discussion we have done above, the company
must disclose the conversions of local factors and also the conversion of generic factors
by using various methodologies and approaches for it. From the case study on
environment and the media release, we come to know that the company is complying
with the policies, rules and regulations related to the environment (Epstein, M2018).
In the disclosure 302-2, the need is to report the amount of impact of the operations,
activities, products and services on the bio diversity of the environment. The impact was
direct and indirect. It is consisting data and information related to the conversion on
pollution habitat, changes and the procedures of ecology. The companies have a clear
idea and understanding of the policies that help them in the mitigation of direct and
indirect impact on the biodiversity. It can be done by providing them a proper
background and knowledge for presentation of qualitative and well structured data that
guide in comparison of their activities over time.
The operations done by Timberwell for the clearance of areas impacted the flora and
fauna of that particular area. The company has received orders from the conduction of
external reviews related to the plans of management of its vegetation in the future. The
company was also asked to make and apply rehabilitation plan. The need is to disclose
the information for the same in the sustainability report (Stiglitz, Sen, and Fitoussi,
J2017).
The disclosure of 307-1 is all about the reports that consists no- compliance of the
company related to the environmental policies, rules and regulations. Due to this, there
is considerable amount of fins and non-monetary sanctions imposed on the company by
the government. It is related to all sort of cases imposed on the company that brought in
the picture by dispute resolution mechanisms like monetary sanctions, fines, etc. there
must be a report or brief statement made in the sustainability report, if no identification

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of rules and regulations take place. It will take place in the event (Farneti, and Guthrie,
2009).
When the company fail in managing the rules and regulations then a sanctions is
required to be incorporated that is administrative and judicial in nature. The operations
of the company show that their activities are not up to the parameters. In such
situations, the results will be costly for the company as they impose heavy
environmental liabilities on the same. All such behavior of the company has impacted
the goodwill and market value that will also be discussed. the impact of the activities of
the company will be elaborated with reference to the disclosures of the consumption of
the fuel and energy, non-compliance of the company with the environment, impact of
the company on the bio diversity, etc.
3. Social sustainability
The disclosures of 401-1 of GRI standard is all about disclosure related to the
information and data about the rate of the employee turnover and new hired employee
in the company. The disclosure comprises of the age, gender and religion of the
employee. Under this, there is calculation of all the new fired and turnover of the
employees take place among all the employees working in the organization.
In this case study, there were dissatisfaction and uncertainty among the employees.
The rate of turnover in the company is also high as 17 employees have left the buisnes
organization. The report of sustainability and its standards needs the buisnes
organization to prepare and disclose the process of recruitment of the same. This is
because there is a huge impact of high attrition on the productivity of the company.
Under this, the company must have proper disclosure related to the hiring and selection
procedures of employees (Blackburn, 2012).
The disclosure 406-1 is related to the disclosure of the discrimination operations and
activities taking place in the organization so that corrective operations can be applied.
The guidelines depicts that there must be full disclosures of the discriminating activities

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and relative actions against the same. It should also disclose the status of the actions
and any accidents which may review in the past must also be disclosed (Morelli, 2011).
In this case study of Timberwell construction, it has clear that there must be some
discriminative activities and actions take place among the employees. One of the
employees of the company has faced the same discrimination. He was humiliated and
became a target for the employees on the basis of his age. The employee then filed a
case against the work place harassment. Afterwards, the company has received orders
by fair work commission to update and disclose the anti discrimination policy of the
same. The sustainability report of the company must disclose the plans related to the
remedy to the employee on the basis of the incorporation in the internal management
review.
The disclosures of 413-1 need Timberwell construction to prepare reports related to the
engagement of local community, assessment of the affects and development plans. It
also consist the assessment related to the monitoring of social and environmental cause
that is also required in the reports (Scholtens, 2009).
Conclusion
Under this case study, the conclusion is that the performance of Timberwell was not up
to the mark as there were no profits in the business and high turnover of employees.
Such situations occured in the company due to the incompliance held with the
sustainable standards of reporting according to GRI. Through this analysis we came to
know that the buisnes was also involved in the process of corruption activities, anti
competitive practices, anti monopolist acts that have resulted in violation of the rules
and regulations. In this study, the aim is related to the disclosures according to the
principles of GRI; the extension should also be done for the particluar disclosure of
economical, social and environmental cause and harm done by the company. It is
suggested for the company that they must make a strict rules and regulations in the
company to comply with the various requirements and standards of sustainability
(Moldan, Janoušková, and Hák, 2012).

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References
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Enriquez, M.A., Kinnaird, J., Littleboy, A. and Meinert, L.D., 2017. Mineral supply for
sustainable development requires resource governance. Nature, 543(7645), p.367.
Blackburn, W.R., 2012. The sustainability handbook: The complete management guide
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measurement of economic performance and social progress.
Di Fabio, A., 2017. The psychology of sustainability and sustainable development for
well-being in organizations. Frontiers in psychology, 8, p.1534.
Epstein, M.J., 2018. Making sustainability work: Best practices in managing and
measuring corporate social, environmental and economic impacts. Routledge.
Farneti, F. and Guthrie, J., 2009, June. Sustainability reporting by Australian public
sector organisations: Why they report. In Accounting forum (Vol. 33, No. 2, pp. 89-98).
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Holden, E., Linnerud, K., Banister, D., Schwanitz, V.J. and Wierling, A., 2017. The
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Moldan, B., Janoušková, S. and Hák, T., 2012. How to understand and measure
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Morelli, J., 2011. Environmental sustainability: A definition for environmental
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Nerini, F.F., Tomei, J., To, L.S., Bisaga, I., Parikh, P., Black, M., Borrion, A., Spataru,
C., Broto, V.C., Anandarajah, G. and Milligan, B., 2018. Mapping synergies and trade-
offs between energy and the Sustainable Development Goals. Nature Energy, 3(1),
p.10.

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Scholtens, B., 2009. Corporate social responsibility in the international banking
industry. Journal of Business Ethics, 86(2), pp.159-175.
Stafford-Smith, M., Griggs, D., Gaffney, O., Ullah, F., Reyers, B., Kanie, N., Stigson, B.,
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