KEY ASPECTS AND CONCEPTS OF THE ESG APPROACH

Autor: Zhukova, E.V.
Jazyk: angličtina
Rok vydání: 2021
Předmět:
DOI: 10.34660/inf.2022.61.33.003
Popis: In recent years, commitment to the principles of sustainable development around the world has become an integral part of society and the socio-economic development of countries. In response to the changing demands of customers and regulators, the business models of economic entities in Russia, as well as in the world as a whole, will be increasingly focused on the principles of environmental, social and managerial responsibility (E – environmental, S – social, G – governance, hereinafter – ESG), which is becoming an important differentiating factor for individual economic entities in a highly competitive Russian environment. ESG transformation takes place in all spheres. And Russia is no exception: the largest economic entities are gradually introducing ESG standards. However, the implementation of ESG initiatives can become a serious challenge for many. Some economic entities are not yet immersed in ESG topics, and some are forming an idea of the directions in which they should move further, more fully assessing their risks and determining the future prospects for the implementation of the Sustainable Development Goals. Such a large-scale transformation in management at different levels - from corporate to national needs the support of the state, the development of a balanced policy, the creation of effective business incentives for various economic entities.
Databáze: OpenAIRE