ESG-transformations in Russian business

Abstract

The article is devoted to the consideration of the features of the implementation of ESG principles by Russian business. The purpose of the work is to assess the degree of ESG changes in the Russian economy. The article presents an analysis of the factors preventing the spread of ESG standards, analyzes the readiness of the infrastructure that creates conditions for the implementation of ESG principles, identifies successful ESG practices. It is shown that an ESG «profile» has begun to form in Russia with a shift in priorities towards strengthening the social responsibility of business.