Methodology for assessing construction industry: corporate level

Ensuring balanced growth of the economy of the Donetsk People's Republic involves the sustainable development of all its sectors. The basic trigger for increasing the efficiency of the region is to increase the economic efficiency of the construction industry, assessment of the management system, which includes the study of various aspects. At the international, national and regional levels, there are many methods for assessing the index of sustainable development of enterprises. At the same time, there is an acute shortage of tools for assessing the level of sustainable development of companies in the construction industry. This is what determined the relevance and purpose of this study. To achieve this goal, foreign practices of ESG assessment of enterprises were studied based on a systematic approach; conditions and criteria were implemented using the method of structural and logical modeling, and a sequence was presented. The authors developed an ESG rating methodology. The assessment methodology is based on a stage-by-stage approach (includes seven stages of research). At the first stage, the structure of the assessment methodology is determined. The second stage is marked by determining the areas of assessment (social responsibility, the quality of corporate governance, attitude towards the environment, the working environment and occupational safety) and areas of further research. Identifying evaluation indicators at the corporate level is the next stage of the methodology. At the fourth stage, initial data is collected to assess the construction industry at the corporate level. The fifth stage is based on a systemic assessment of the management of the research object. The sixth stage determines the level of sustainable development of the research object. The seventh stage allows us to identify “bottlenecks” of management actions and measures to eliminate them. Based on their methodology, the authors identified what is effective for the territory, as well as the areas and assessment indicators at the corporate level. The conclusions obtained in the future based on the results of testing the methodology will have important managerial consequences and are the basis for all levels of management.