Research on Sustainability Reporting (SR) has become a key focus among diverse stakeholder groups, receiving substantial academic attention in top journals covering Cleaner Production, Environmental, and Sustainability disciplines (Rahi et al., 2021, Zhang et al., 2019). Contemporary discourses on sustainability elucidate the rationale behind the disclosure of Environmental, Social, and Economic (ESE) information by diverse business entities (Jones et al., 2015, Rahi et al., 2023). Over the past three decades, there has been a notable surge in societal expectations for the disclosure of non-financial information (Pigatto et al., 2023), driven by the need to surpass the limitations of conventional financial reporting (Hopwood, 2009). As stakeholder expectations increase, companies face pressure to extend their reporting scope beyond a focus solely on shareholders (Cho et al., 2015). Besides that, during the recent decade, evolving institutional pressure through e.g., laws and regulations influenced the disclosures of sustainability information (Laine et al., 2020) where companies strive to comply, ensuring their legitimacy and survival (DiMaggio and Powell (1983). According to institutional theory, institutions play a crucial role in shaping the organizational environment (Aragòn-Correa et al., 2020). One of the fundamental arguments underpinning the concept of sustainable business is that it fosters the creation of long-term value for stakeholders while serving as a mechanism for identifying and addressing opportunities and risks, while balancing ESE bottom-line (Mikes et al., 2017).Industry-specific sustainability disclosures have gained emphasis from both global and European regulators, such as the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) providing sector-specific guidance to understand similarities and differences among companies (Messner, 2016). As the literature on SR rapidly expands, sector-specific studies are needed to better understand interdisciplinary perspective on sustainability and reporting practices (Rahi et al., 2021). With the growing demand for planned cities and modern living spaces, the Construction and Real Estate (CRE) sector play a crucial role in the globalized world and considered as a critical area for sustainability and evaluating SR (Ghisellini et al., 2018). The sector is characterized by long real estate lifecycles (Li et al., 2019) (decades/centuries), a project-based construction nature, high capital intensity, complex supply chains, diverse stakeholder interest, and dynamic economic conditions like interest rates and regulations. It encompasses interconnected components within the broader built environment, including interest rates, investments, regulatory changes and supply, and demand forces.Fluctuations in interest rates impact borrowing costs for construction projects and real estate mortgages, while changes in regulations, incentives, or subsidies impact development costs and investment decisions. Real estate drives construction demand through development, renovation, and expansion, while construction creates physical assets that are bought, sold, and managed within the real estate sector. This interplay means changes in one significantly affect the other. In this article the CRE sector encompasses companies involved in investing, developing, constructing, and managing buildings and infrastructures (GRI, 2016). Investing in sustainable buildings and infrastructures is essential for achieving the European Green Deal agenda and SDGs (MSCI, 2023).