Problems of integration of ESG standards into the practice of Russian corporate governance
Over the past decade and a half, interest in sustainable development topics and the principles of ESG has been consistently at a high level. A large number of foreign academic researchers and representatives of the business community consider these issues as the central theme of management science a...
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/2023/40/e3sconf_escp2023_08031.pdf |
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author | Maksimov Maksim Anokhina Marina Kolesnikov Anatoliy |
author_facet | Maksimov Maksim Anokhina Marina Kolesnikov Anatoliy |
author_sort | Maksimov Maksim |
collection | DOAJ |
description | Over the past decade and a half, interest in sustainable development topics and the principles of ESG has been consistently at a high level. A large number of foreign academic researchers and representatives of the business community consider these issues as the central theme of management science and practice in the current socio-economic realities. In general, it can be stated that in the paradigm of globalism, actively promoted by the United States and a number of its allies over the past two decades, the concepts of green transition, zero hydrocarbon footprint, gender, and racial diversity, specific requirements for CSR and other incarnations of ESG approaches were perceived as key to business success and competitiveness. To date, the globalist track of the development of the world economy is no longer considered as the only possible one and corresponding to the needs of the development of national economies. At the same time, it should not be denied that a number of provisions used in the ESG concepts are extremely rational and universal and, if applied correctly, can show an undoubted positive result. This work is devoted to the issues of effective integration of ESG standards in the current socio-economic conditions and the objective issues that accompany this process. |
first_indexed | 2024-03-12T17:58:09Z |
format | Article |
id | doaj.art-1a4b0c8ed6cb4919bcd55fbb69709c68 |
institution | Directory Open Access Journal |
issn | 2267-1242 |
language | English |
last_indexed | 2024-03-12T17:58:09Z |
publishDate | 2023-01-01 |
publisher | EDP Sciences |
record_format | Article |
series | E3S Web of Conferences |
spelling | doaj.art-1a4b0c8ed6cb4919bcd55fbb69709c682023-08-02T13:16:27ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014030803110.1051/e3sconf/202340308031e3sconf_escp2023_08031Problems of integration of ESG standards into the practice of Russian corporate governanceMaksimov Maksim0Anokhina Marina1Kolesnikov Anatoliy2Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsOver the past decade and a half, interest in sustainable development topics and the principles of ESG has been consistently at a high level. A large number of foreign academic researchers and representatives of the business community consider these issues as the central theme of management science and practice in the current socio-economic realities. In general, it can be stated that in the paradigm of globalism, actively promoted by the United States and a number of its allies over the past two decades, the concepts of green transition, zero hydrocarbon footprint, gender, and racial diversity, specific requirements for CSR and other incarnations of ESG approaches were perceived as key to business success and competitiveness. To date, the globalist track of the development of the world economy is no longer considered as the only possible one and corresponding to the needs of the development of national economies. At the same time, it should not be denied that a number of provisions used in the ESG concepts are extremely rational and universal and, if applied correctly, can show an undoubted positive result. This work is devoted to the issues of effective integration of ESG standards in the current socio-economic conditions and the objective issues that accompany this process.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_08031.pdfsustainable developmentglobalismcompetitive advantagesesg standardscorporate governancesovereign economycircular economycsr |
spellingShingle | Maksimov Maksim Anokhina Marina Kolesnikov Anatoliy Problems of integration of ESG standards into the practice of Russian corporate governance E3S Web of Conferences sustainable development globalism competitive advantages esg standards corporate governance sovereign economy circular economy csr |
title | Problems of integration of ESG standards into the practice of Russian corporate governance |
title_full | Problems of integration of ESG standards into the practice of Russian corporate governance |
title_fullStr | Problems of integration of ESG standards into the practice of Russian corporate governance |
title_full_unstemmed | Problems of integration of ESG standards into the practice of Russian corporate governance |
title_short | Problems of integration of ESG standards into the practice of Russian corporate governance |
title_sort | problems of integration of esg standards into the practice of russian corporate governance |
topic | sustainable development globalism competitive advantages esg standards corporate governance sovereign economy circular economy csr |
url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_08031.pdf |
work_keys_str_mv | AT maksimovmaksim problemsofintegrationofesgstandardsintothepracticeofrussiancorporategovernance AT anokhinamarina problemsofintegrationofesgstandardsintothepracticeofrussiancorporategovernance AT kolesnikovanatoliy problemsofintegrationofesgstandardsintothepracticeofrussiancorporategovernance |