ESG-business transformation, its impact on the modernization of corporate strategy and increasing financial stability domestic companies
Abstract
In recent years, the ESG (Environmental, Social, and Governance) agenda has taken a key place in the strategic development of companies around the world. The increased attention from investors, consumers, regulators, and society to sustainable development issues has led to a shift from declarative principles of corporate responsibility to the integration of ESG factors into business models and management processes. This makes ESG transformation not just a trendy trend, but an essential condition for companies' competitiveness and long-term financial sustainability in today's economy. This proves the importance of business process transformation, which in turn necessitates the study of the impact of the level of ESG indicators on the sustainability of a company's development, determining their significance, advantages, and challenges that companies face when implementing these indicators.
Fields of Study & Subjects
Corporate Social Responsibility Reporting
Sustainability and Innovation in Business
Governance
Compliance
and Sustainability
Publication details
- Journal / source
- Sibirskaya finansovaya shkola
- Issue
- 4
- Pages
- 103–111
- Publication date
- 26 January 2026