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Benefits of Sustainable Corporate Social Responsibility (SCSR) in Construction Business – Literature Review

 Format: PDF  Author(s): Frank Amoah , De-Graft Owusu-Manu, Ernest Kissi, Michael Adesi  Category: Track 6: Environmental And Social Governance Systems For Sustainable Development Of Africa  Published: 26 Mar, 2024  Pages: 34  Language: English  File Size: 0.92MB  Download
 Description:

The construction industry is exposed to a wide range of risks that can have detrimental impacts on the construction business, environment, and society. Sustainable Corporate Social Responsibility (SCSR) is a risk mitigation strategy that can help to mitigate such risk from the construction businesses and at the same time chip in the best interest of society and the environment. This review highlights the benefits of integrating SCSR practices into the Construction Business. The findings revealed that SCSR can help mitigate construction business risks on construction projects, society, and the environment. Furthermore, it is found that SCSR practices can enhance reputation, reduce legal costs, improve ethical practices, foster stakeholder engagement, and ultimately improve project performance. The review also identified the limited studies on Construction SCSR benefits and emphasized the need for more empirical studies for the implementation of SCSR in the Construction business. Overall, this paper provides insight into the potential benefits of SCSR practices.


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