Corporate Social Responsibility Initiatives in the Construction and Real Estate Sector

Author:

Abbasi Abdul Rehman1,Depar Aleeza2ORCID,Moorojo Abdul Wajid3ORCID,Memon Maham2

Affiliation:

1. University of Sindh, Pakistan

2. Institute of Business Administration, Naushahro Feroze, Pakistan

3. Institute of Economics, Magusa, Cyprus

Abstract

In the vast realm of construction and real estate, a revolution is underway: corporate social responsibility (CSR). These industries, vital to worldwide growth, consistently cast noteworthy social and environmental shadows. CSR represents a deliberate move in the direction of a better future. Equitable labor practices, security for workers, and community engagement are all emphasized by social responsibility. The sector is driven towards viable options through innovation and knowledge exchange. Constructability review services protect quality, cost-cutting, and risk reduction. CSR penetrates the real estate market by promoting ethical corporate practices, community involvement, and sustainable growth. The well-being of society is enhanced via CSR-driven charity, affordable housing projects, and employee welfare. A stellar reputation, regulatory compliance, financial sustainability, goodwill towards the community, and engaged employees are some of the long-term effects of CSR.

Publisher

IGI Global

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