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1.0 Executive Summary
This project seeks to analyze the corporate social responsibility (CSR) policies for two of the
Real Estate firms – Roshn, which is a local Saudi Company backed by the Saudi Investment
Fund, and Emaar, which is a well-known Emirati Company established by Mohammed Al-
Abar. The study describes the role of CSR in enhancing or diminishing corporate ethics,
corporate reputation, and sustainability, alongside contributing to financial and social
performance.
The objective is to analyze five CSR activities for each company, assess their adherence to
ethical standards, and propose strategies to enhance their social and environmental impact. The
project highlights the significance of CSR in fostering trust between corporations and society
and its positive effects on financial returns .
The analysis includes a definition of CSR, detailed reviews of Roshn’s and Emaar’s
backgrounds, a literature review of CSR and ethical standards, and an evaluation of the
companies’ CSR activities against the "Ten Commandments of Social Responsibility." The
findings emphasize the need for improved transparency and engagement with stakeholders to
enhance community interaction and sustainability .
Key recommendations include promoting environmental sustainability through collaborations
with for-profit and non-profit organizations, increasing awareness of CSR among employees
and communities, and implementing strategic initiatives to strengthen corporate reputations
and social contributions.
2.0 Main body of the report
2.1 Business ethics and CSR, its importance to business organization
Business ethics refers to the principles, policies, and values that govern how companies and
individuals conduct business activities. These ethics go beyond legal boundaries to form a code
of conduct that guides employees' actions at all levels, helping to foster trust between a
company and its customers.
Corporate Social Responsibility As always, a business should be able to meet the needs of
shareholders, but in a way that does not endanger employees, the environment, society, or the
community in which the business is situated — social responsibility. Of course, finance and
revenue are extremely important, but they should be subordinate to the needs of society as a
whole, the customers, and the employees as well. In fact, studies have suggested otherwise,
that financial performance increases because of good governance and ethical practices.
Corporate Social Responsibility: Why It Is Important? More often than not, CSR activities are
seen as being demonstrated in disadvantaged communities, the marginalized, or the
environment. This should change for these two reasons. Firstly, it is important performance-
wise as it makes trustworthy connections between the organizations and their stakeholders. It
increases their goodwill amongst customers, investors, and the broader community by showing
how much effort and attention they put into issues that revolve around the social and natural
environment. As a result, companies are likely to enjoy increased sales, enhanced brand loyalty,
and a well-motivated workforce.
Developing a strategy and averting risk is yet another important factor, and it is helpful in this
case. Companies are often faced with threats of reputational loss, operational loss due to legal