MBA402 Sustainability Assessment Report for Finnegan Constructions

This report presents a comprehensive sustainability assessment of Finnegan Constructions, a fictional construction company, based on a case study. The assessment adheres to the GRI Sustainability Reporting Standards 2016 and evaluates the company's performance across economic, environmental, and social dimensions. The economic section analyzes financial implications related to climate change, incidents of corruption, and legal actions concerning anti-competitive behavior. The environmental section examines energy consumption, impacts on biodiversity, and non-compliance with environmental regulations. The social section explores employee turnover, incidents of discrimination, and community engagement initiatives. The report provides a detailed analysis of Finnegan's sustainability practices, challenges, and areas for improvement, offering insights into its overall corporate responsibility and sustainable business operations.

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governance, sustainability and ethics

Contents
Introduction................................................................................................................................3
Organisation Overview..............................................................................................................3
Economic sustainability.............................................................................................................3
Disclosure 201-2 Financial implications and some other risks as well as opportunities due
to climate change....................................................................................................................4
Disclosure 205-3 confirmed incidents of corruption and action taken for the same..............4
Disclosure 206-1 legal actions for anti-competitive behaviour, anti trust, and monopoly
practices..................................................................................................................................5
Environmental sustainability......................................................................................................5
Disclosure 302-1 Energy consumption within organisation..................................................5
Disclosure 304-2 significantly impacts of products, activities, and services on biodiversity 5
Disclosure 307-1 Non compliance with the environmental regulation and laws...................6
Social sustainability...................................................................................................................6
Disclosure 401-1 New employees hire and employee turnover.............................................6
Disclosure 406-1 incidents of corrective and discrimination actions taken...........................7
Disclosure 403-1operations with local community engagement, impacting assessment, as
well as development programs...............................................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................9

Introduction
Sustainability is one of the most significant methods that is necessary for organisation to
ensure effective decision-making in every aspect. It includes environmental, social and
economic Sustainability. In the recent time, sustainability is the major issue that is faced by
almost every organisation. In the paper, discussion has been carried on the Finnegan in
accordance with the “GRI sustainability-reporting standard of 2016.” At the same time,
different approaches has been taken by Finnegan for bringing the positive working
environment in organisation. Discussion has also been carried on the same.
Organisation Overview
Finnegan works within the business of “Stanwell Council District” and it is mainly involved
with the objective of constructing apartments and complexes. From the employed population,
it employs around 5 to 8 male staff that already linked with the various forms of construction
related professions and work (Pintér, Hardi, Martinuzzi and Hall, 2018). This tends to make
sure that organisation has the required and desired knowledge and effective workforce. The
industry where staff members are highly competitive and at the same time, need for good and
efficient worker is also high. Finnegan has also lost its 17 employees.
In order to prepare the sustainability report, the significant task is the identification of
stakeholders that are required to be analyse and targeted. After the conduction of desired
group, a common understanding related to accomplishing of the objective is achieved. As per
the case study, it is come to know that Finnegan has faced different problems and issues
within its internal structure. The stakeholders who are involved in business separation of
Finnegan includes the most significant being customers, secondly the suppliers, workers,
subcontractors, and government. In order to raise the standard among stakeholder,
stakeholder is the prior element toward the sustainability report procurement. It is found that
Finnegan has increased payment rate for its employees and workers and attached some of the
rudimentary facilities with the goal of retaining workers for long time in the organisation.
Economic sustainability
In order to manage the economic sustainability, Finnegan has taken the regular improvement
approach. The approach of economic sustainability has enabled the company to integrate its
business along with the strategies by giving emphasis on the long term gain. Similarly,

Finnegan has aligned the economic sustainability with the help of its environmental
assessment. At the same time, it also helps in keeping the positive impact on the environment
(Kylili and Fokaides, 2017).
Company is also utilising several policies in order to continually improve and develop its
processes and activities for meeting the economic sustainability goals. These policies include
the ethics, code of conduct, as well as discrimination policy. Through the regular
improvement approach, it tends to review the procedures and policies for securing the
environment.
Disclosure 201-2 financial implications and some other risks as well as opportunities
due to climate change
“GRI Disclosure 201-2” compacts with goal of properly understanding the financial
implication as well as risk that can occur due to climate condition. Due to such risk,
organisations are required to adopt some innovative and some of the new strategies and
ensure effective financial investment that will assist the organisation in achieving their goals
in sustainable and effective manner. By considering the case study, it is found that increasing
effects of warming in the climate changes as well as increasing risk of the Stanwell Council,
it is required to amend or change its LEP for rezoning of the specific area. Due to the new
regulations and its complying will cost around 4 million to company. For dealing with the
exact problem, it has involved in the “outward town planning firm” that will charge around
$50,000 for the service. At the same time, firm has also established to work upon in
confirmation with the Stanwell council with goal of reducing estimate compliance cost.
Disclosure 205-3 confirmed incidents of corruption and action taken for the same
The GRI Disclosure 205-3 states regarding the confirmation of corrupt incidents as well as
necessary action required to overcome the same. By following such risk assessment,
organisation also become clear and starts providing the continuous support in planning and
implementing the policies that is being prepared. In relation to the company, it can be said
that an allegation in relation to the scandal has been made through the involvement of around
five employees of Finnegan and the other two business associates. The culprits made bribers
for getting the approval from council. The entire five employees who were involved in bribe
was suspended by Finnegan. At the same time, it has also dismissed the agreement of
partnership with the other two consultants.

Disclosure 206-1 legal actions for anti-competitive behaviour, anti trust, and monopoly
practices
In consideration of the aspect of “anti-competitive behaviour,” it is true that GRI Disclosure
206-1 directly states the aspect of bringing out some authorized activities that is remaining
before the sustainability report filing (Traxler, Greiling and Hebesberger, 2018). It also bring
out the policies and measures that is being pursued with the goal of governing the impact in
relation to the behaviour of anti-competition. Case provided for Finnegan states that ACCC
has suspected the similar for anticompetitive products. In future, effective strategies will be
taken by the organisation in consistency with the objectives and profile of the organisation.
At the same time, investment will be done on the achievement of objectives.
Environmental sustainability
Finnegan has undertaken the system approach to the environmental sustainability wherein
organisation tends to review every activity and its impact on the environment. Therefore,
organisation analyses the energy consumption in organisation and its impact in biodiversity
(Howarth and Greenwood, 2017). Finnegan has taken the system approach to environmental
sustainability by including assess of all the processes, products and activities. By using the
system approach, Finnegan tends to recognise the environmental issues by taking necessary
actions.
Disclosure 302-1 Energy consumption within organisation
The energy consumption of Finnegan is something different. Company that utilised
calculation tool suggested “Australian Department of industry and science” stated that the
consumption of fuel from the non-renewable source is “1.0 Gigajoule.” As compare to this,
the consumption of fuel from renewable sources is 0.5 Gigajoule and consumption from
electricity is 2.0 Gigajoules. In this regard, Paço and Lavrador (2017) said that the
consumption of energy is one such significant problem in the environmental sustainability
that ensures the requirement for organisation to report and review on the energy consumption.
Disclosure 304-2 significantly impacts of products, activities, and services on
biodiversity
Finnegan has a place at Otford Park where around 60 per cent of the site is enclosed with
erratic “wallum sedge frog.” It is found that Finnegan is working closely with the Council of
Stanwell and some of environmental groups in order to develop a strategy for the

management of anticipated development of the same site and maintenance of the wallum
sedge frog. Finnegan has taken this action in order to conserve and manage the natural
resources and land by ensuring the conservation plan and biodiversity management. In
addition to this, it has also taken the assessment of environment for the Otford park
development site (Sev, 2009). This approach has positively helped the company in working
toward the sustainability.
Disclosure 307-1: Noncompliance with the environmental regulation and laws
In the case study, it is clearly mentioned that Finnegan has been fined for $2,00,000 for
directly dissipating the 0.45 hectares of the coastal grassland in environmental community. It
is fined for extending its audit program for the contractors and further implementing the
restoration plan for not less than $4,40,000 (Ma, 2017).
Social sustainability
It is one of the key component in ensuing that organisation get the whole sustainability.
Finnegan tends to utilise the corporate responsibility management for meeting the objective.
It is true that the events of an organisation as well as its structure results to the important
social, environmental, economic and cultural impact on local community people. Therefore,
organisation has the responsibility ain reducing as well as anticipating the negative effects
and result on the people of community by adopting the process of identification within the
stakeholders. It also helps the organisation in knowing as well as understanding the
vulnerabilities of the local community. For meeting the goals, Finnegan has also adopted the
social responsibility approach where it always give emphasis on understanding, identifying
and managing the outcome of its operations and processes to the nearby people, society and
environment (Aarseth et al, 2017).
For securing the social responsibility, Finnegan is also attempting to upgrade the percentage
of female employees by giving more emphasis on hiring of new female employees. Company
is also making target to increase its number of female employees in the organisation. By
ensuring this, Finnegan is trying to maintain its diversified workforce and trying to offer the
equal employment opportunity to every person. It also believes in providing positive working
environment to its employees by conducting time-to-time discussion.

Disclosure 401-1 new employees hire and employee turnover
It is found that Finnegan has 58 male staff with varied professions with the highly
competitive domestic market that brings out the turnover and new hires. At the same time,
company has also hired around 12 new internes in the period of reporting. In addition to this,
17 employees were gone to the rival organisation. Most of the employees employed by
Finnegan is between 30 and 50 years.
Disclosure 406-1 incidents of corrective and discrimination actions taken
In Finnegan, employee has also propelled the criticism within its “Fair Work Commission”
based on the inappropriate humour and discrimination based on age. On employee has stated
that he is one worker who is adult than 50 years age between 30 and 50 years. Due to this, he
was targeted for humiliated for jokes related to joke. As a result, employee was rewarded and
Finnegan need brought control and active. In order to remove such issue, Anti-discrimination
training and policy for its employees has brought by the company (Almahmoud and Doloi,
2015).
Disclosure 403-1operations with local community engagement, impacting assessment, as
well as development programs
Finnegan has different kind of programs related to the community participation and
engagement, valuation of impacts as well as development initiatives. Secondly, it also
involves with the local communities through the local community development program and
local residents meetings. In the end, company is also doing some work with the council
named Stanwell in order to attach with the projected changes on the local environmental plan.
As a result, it tends to responses global warming as well as some other changes in the climate
(Kibert, 2016).
Conclusion
In the limelight of above discussion, it can be concluded that Finnegan has faced several
sustainability issues. For managing such sustainability issues, company has also adopted the
different management approach. For managing the economic and sustainability issues,
Finnegan has also adopted the improvement and system approach where it timely reviews its
practices for achieving the goals. Company has also adopted the “system approach” for its
environmental sustainability measure where it tends to review its products, services, as well
as processes for ensuring the environmental sustainability. For meeting the different

sustainability goals, Finnegan has also adopted the social responsibility approach where it
always give emphasis on understanding, identifying and managing the effect of its operation.t
In addition to this, corporate social responsibility approach can be seen in Finnegan through
the employees where it tends to employ locals, and keep the better and learning working
environment. In this approach, it has taken the emphasis on reducing discrimination at
workplace by providing training to the employees regarding this.

References
Almahmoud, E. and Doloi, H.K., 2015. Assessment of social sustainability in construction
projects using social network analysis. Facilities, 33(3/4), pp.152-176.
Howarth, T. and Greenwood, D., 2017. Construction quality management: Principles and
practice. Routledge.
Kibert, C.J., 2016. Sustainable construction: green building design and delivery. John Wiley
& Sons.
Pintér, L., Hardi, P., Martinuzzi, A. and Hall, J., 2018. Bellagio STAMP: Principles for
sustainability assessment and measurement. In Routledge Handbook of Sustainability
Indicators (pp. 51-71). Routledge.
Traxler, A.A., Greiling, D. and Hebesberger, H., 2018. GRI Sustainability Reporting by
INGOs: A Way Forward for Improving Accountability?. VOLUNTAS: International Journal
of Voluntary and Nonprofit Organizations, pp.1-17.
Ma, U., 2017. No waste: managing sustainability in construction. Routledge.
Kylili, A. and Fokaides, P.A., 2017. Policy trends for the sustainability assessment of
construction materials: A review. Sustainable Cities and Society, 35, pp.280-288.
Ortiz, O., Castells, F. and Sonnemann, G., 2009. Sustainability in the construction industry: A
review of recent developments based on LCA. Construction and building materials, 23(1),
pp.28-39.
Tan, Y., Shen, L. and Yao, H., 2011. Sustainable construction practice and contractors’
competitiveness: A preliminary study. Habitat international, 35(2), pp.225-230.
Sev, A., 2009. How can the construction industry contribute to sustainable development? A
conceptual framework. Sustainable Development, 17(3), pp.161-173.
Aarseth, W., Ahola, T., Aaltonen, K., Økland, A. and Andersen, B., 2017. Project
sustainability strategies: A systematic literature review. International Journal of Project
Management, 35(6), pp.1071-1083.

Paço, A. and Lavrador, T., 2017. Environmental knowledge and attitudes and behaviours
towards energy consumption. Journal of environmental management, 197, pp.384-392.