Year: 2024
Type: article
Abstract: . The article examines a number of theoretical approaches to the concept of "corporate social responsibility (CSR)" in the context of construction. It is found that corporate social responsibility is an element of the activities of modern construction companies, which then have a significant impact on the environment, economy and society. The article examines the main principles and factors that initiate the process of forming CSR in the construction sector. The key principles of implementing corporate social responsibility in construction include a responsible attitude to the environment, social support for employees, compliance with ethical standards of business conduct, transparency of activities and interaction with stakeholders. The implementation of these principles allows construction companies to build consumer trust, attract investors and increase their competitiveness in the market. One of the key factors influencing the formation of CSR in construction is environmental responsibility. The use of energy-efficient technologies, reduction of emissions of harmful substances and disposal of construction waste contribute to reducing the negative impact of the construction industry on the environment. Another aspect is ensuring decent working conditions, which includes compliance with safety standards, social guarantees for employees and the development of their professional skills. In addition, the company's social responsibility is manifested in supporting local communities, implementing charitable projects, building social infrastructure and participating in sustainable development initiatives. Economic responsibility is responsibility for the transparency of financial activities, compliance with legislation, combating corruption and openness in relations with partners. Thus, corporate social responsibility in construction is a comprehensive system of measures that contributes to the sustainable development of the industry. Its implementation allows companies not only to minimize risks, but also to strengthen public trust, form a positive image and ensure long-term economic stability. It has been determined that corporate social responsibility plays a key role in shaping consumers' economic trust in construction companies.
Source: Building production
Authors: O. Bielienkova, Ya. Loktionova
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4407962310