Csr in Construction Industry

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Csr in Construction Industry

By | July 2012
Page 1 of 16
CSR in Construction Industry

CONTENT
1.0 INTRODUCTION 1.1 Corporate Social Responsibility: a Brief History 1.2 Definition of CSR 2.0 DISCUSSION AND INTEGRATION 2.1 CSR Practices and Sustainable Development in Construction Industry 2.1.1 Social 2.1.2 Economy 2.1.3 Environment 2.2 Push and Pull Factors Influencing CSR and Sustainable Development Adoption 2.3 Challenges 2.4 Conclusion

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Module: FEM 205

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CSR in Construction Industry

CSR IN CONSTRUCTION INDUSTRY

1.0 INTRODUCTION

1.1 CORPORATE SOCIAL RESPONSIBILITY: A BRIEF HISTORY According to Cannon (1994 cited by Barthorpe, 2010, p. 5), as early as the late nineteenth century during the industrial revolutionary era, prominent

businessmen and politicians were influenced with the “Victorian Philanthropy” and supported the needs of those who had failed during the industrial revolution.

In the UK, notable achievements by the Salvation Army which was founded by William Booth in 1878 pursued to deal with problems associated with social inequalities on disadvantaged employees by their unscrupulous employers (Cannon, 1994 cited by Barthorpe, 2010, p. 5).

And, early influence of Religious Society of Friends known as Quakers is significant in the establishment and development of what is now known as corporate social responsibility (CSR). One of the notable members of the Quakers was Richard Cadbury, the chocolate manufacturer, where in 2004 Cadbury Schweppes won the Management Today “Most admired company” award (Wall, 2005 cited by Barthorpe, 2010, p. 5).

The first era of modern corporate social responsibility appears in the 1920s and it is the first time that the concept of social responsibility is developed from a corporate perspective rather than individual. This stems from a decline in individual ethic and a rise of social ethic required for industrial harmony (Hoffman, 2007, p. 56).

CSR has been in practice ever since the 1950s in...