Russian retail ESG transformations development

The article analyse the formation of the sustainable development paradigm and the ESG agenda in Russia. The activities of the largest Russian retailers: leaders in sustainable development and companies with a weaker position in this area is revealed. The relationship between the form of the company...

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Main Authors: V. A. Edemskaya, E. D. Davydova, Ph. I. Sukhov
Format: Article
Language:English
Published: Publishing House of the State University of Management 2022-11-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/3808
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author V. A. Edemskaya
E. D. Davydova
Ph. I. Sukhov
author_facet V. A. Edemskaya
E. D. Davydova
Ph. I. Sukhov
author_sort V. A. Edemskaya
collection DOAJ
description The article analyse the formation of the sustainable development paradigm and the ESG agenda in Russia. The activities of the largest Russian retailers: leaders in sustainable development and companies with a weaker position in this area is revealed. The relationship between the form of the company and its position in the ESG ratings has been noted. Thus, companies that are required to provide information publicly are higher in level than non-public ones. A characteristic feature of passing the ESG rating assessment is getting high scores in terms of the G-aspect and the E-aspect associated with the demands of the modern market. The authors recommended deepening activities in the field of sustainable development in terms of training employees in digital and environmental competencies, and to strengthen communication strategies regarding the ESG agenda of the largest retailers.
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spelling doaj.art-610676f17ffa420eb54ed2693987da8e2024-03-26T14:23:12ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-11-0109728010.26425/1816-4277-2022-9-72-802568Russian retail ESG transformations developmentV. A. Edemskaya0E. D. Davydova1Ph. I. Sukhov2Russian University of TransportRussian University of TransportRussian University of TransportThe article analyse the formation of the sustainable development paradigm and the ESG agenda in Russia. The activities of the largest Russian retailers: leaders in sustainable development and companies with a weaker position in this area is revealed. The relationship between the form of the company and its position in the ESG ratings has been noted. Thus, companies that are required to provide information publicly are higher in level than non-public ones. A characteristic feature of passing the ESG rating assessment is getting high scores in terms of the G-aspect and the E-aspect associated with the demands of the modern market. The authors recommended deepening activities in the field of sustainable development in terms of training employees in digital and environmental competencies, and to strengthen communication strategies regarding the ESG agenda of the largest retailers.https://vestnik.guu.ru/jour/article/view/3808environmental managementsustainable developmentesg-transformationretailnon-financial reportingratingesg strategyorganisation policies
spellingShingle V. A. Edemskaya
E. D. Davydova
Ph. I. Sukhov
Russian retail ESG transformations development
Вестник университета
environmental management
sustainable development
esg-transformation
retail
non-financial reporting
rating
esg strategy
organisation policies
title Russian retail ESG transformations development
title_full Russian retail ESG transformations development
title_fullStr Russian retail ESG transformations development
title_full_unstemmed Russian retail ESG transformations development
title_short Russian retail ESG transformations development
title_sort russian retail esg transformations development
topic environmental management
sustainable development
esg-transformation
retail
non-financial reporting
rating
esg strategy
organisation policies
url https://vestnik.guu.ru/jour/article/view/3808
work_keys_str_mv AT vaedemskaya russianretailesgtransformationsdevelopment
AT eddavydova russianretailesgtransformationsdevelopment
AT phisukhov russianretailesgtransformationsdevelopment