Year: 2025
Type: article
Abstract: The current agenda of strategic development of the construction industry involves the comprehensive implementation of ESG (Environmental, Social, and Governance) systems at all stages of the life cycle of a development project, rather than a separate application and compliance with environmental legislation. This is increasingly important due to the growing public attention to environmental issues, social responsibility, and effective management. The ESG concept is aimed at stimulating substantial, qualitative, economic, and technological transformations in all business processes of the developer, thus ensuring continuous compliance with sustainable development goals throughout the entire life cycle of the project. Following this concept, the development business in Russia will be provided with economic and technological sovereignty in strategic positioning. Accordingly, this paper performs an ESG assessment of the OOO SZ “KSI Stroy” company using the ACRA methodology. On the basis of the results obtained, recommendations on implementing the ESG concept in the business processes of developer companies are provided. The economic efficiency of the ESG concept implementation was assessed in order to determine its impact on the cost of development projects. The results prove the expediency of applying the ESG concept at all stages of the life cycle of development projects, which will increase the future value of the project.
Language: English
Subfield: Architecture
Field: Engineering
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4409484897