Corporate Social Performance in Construction Industry: In the Search for Added Value

Construction industry accounts for a large part of national gross domestic product globally and plays an important socio-economic role in every nation. In addition, large construction companies have drawn more attention to sustainability and environmental awareness in corporate processes recently. There is thus a need for a balanced approach to sustainability-oriented management in the industry. In our research, we identified activities within sustainable construction along with their integration scope in corporate processes with the aim of developing a framework for measuring and monetizing the activities by construction companies. Based on a case study analysis, we identified and categorized sustainability actions conducted and reported by Skanska. In order to determine their potential direct and indirect impact on financial performance, we linked them to particular financial statement positions. We then matched the actions to sustainability-related aspects presented in the existing literature devoted to construction industry. Our results serve as a starting point for further research on a value-adding potential of sustainability-oriented activities at the company level in the industry.