Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative?
The purpose of the article is to highlight the importance of maintaining a commitment to ESG (Environment, Social, Governance) principles in the economy of major cities even under the sanctions regime. The research methodology is based on the theories of sustainable and spatial development. The meth...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2023-01-01
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| Series: | E3S Web of Conferences |
| Subjects: | |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/72/e3sconf_rec2023_01003.pdf |
| _version_ | 1797658553517867008 |
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| author | Kumar Vikas Romanova Olga Ponomareva Alena |
| author_facet | Kumar Vikas Romanova Olga Ponomareva Alena |
| author_sort | Kumar Vikas |
| collection | DOAJ |
| description | The purpose of the article is to highlight the importance of maintaining a commitment to ESG (Environment, Social, Governance) principles in the economy of major cities even under the sanctions regime. The research methodology is based on the theories of sustainable and spatial development. The methods of comparative, statistical and structural analysis have been used. The study hypothesises that Russia, even in the current conditions, has due prerequisites for the development of its cities based on ESG principles of economic management. The analysis of the ecological situation made it possible to justify the need for non-alternative observance of ESG principles in urban agglomerations. It is shown that the adherence to these principles will be largely determined by the quality and efficiency of the developed municipal economic policy. It is proposed to devise a special section on municipal industrial policy within the framework of the regional industrial policy, with a view to systematising administrative and incentive measures for the realisation of the ESG agenda for million-plus cities. The research results can be useful in amending socio-economic development strategies for Russia’s major and biggest cities. |
| first_indexed | 2024-03-11T18:00:44Z |
| format | Article |
| id | doaj.art-1686f6633bee48f29a073c18ddba1e6e |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-03-11T18:00:44Z |
| publishDate | 2023-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-1686f6633bee48f29a073c18ddba1e6e2023-10-17T08:52:39ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014350100310.1051/e3sconf/202343501003e3sconf_rec2023_01003Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative?Kumar Vikas0Romanova Olga1Ponomareva Alena2Birmingham City UniversityInstitute of Economics of the Ural Branch of the Russian Academy of SciencesInstitute of Economics of the Ural Branch of the Russian Academy of SciencesThe purpose of the article is to highlight the importance of maintaining a commitment to ESG (Environment, Social, Governance) principles in the economy of major cities even under the sanctions regime. The research methodology is based on the theories of sustainable and spatial development. The methods of comparative, statistical and structural analysis have been used. The study hypothesises that Russia, even in the current conditions, has due prerequisites for the development of its cities based on ESG principles of economic management. The analysis of the ecological situation made it possible to justify the need for non-alternative observance of ESG principles in urban agglomerations. It is shown that the adherence to these principles will be largely determined by the quality and efficiency of the developed municipal economic policy. It is proposed to devise a special section on municipal industrial policy within the framework of the regional industrial policy, with a view to systematising administrative and incentive measures for the realisation of the ESG agenda for million-plus cities. The research results can be useful in amending socio-economic development strategies for Russia’s major and biggest cities.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/72/e3sconf_rec2023_01003.pdfmajor citiesesg principlesagglomeration effectstrategyregional industrial policy |
| spellingShingle | Kumar Vikas Romanova Olga Ponomareva Alena Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative? E3S Web of Conferences major cities esg principles agglomeration effect strategy regional industrial policy |
| title | Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative? |
| title_full | Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative? |
| title_fullStr | Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative? |
| title_full_unstemmed | Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative? |
| title_short | Realisation of ESG principles in million-plus cities under the sanctions regime: Is there an alternative? |
| title_sort | realisation of esg principles in million plus cities under the sanctions regime is there an alternative |
| topic | major cities esg principles agglomeration effect strategy regional industrial policy |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/72/e3sconf_rec2023_01003.pdf |
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