ESG-business transformation, its impact on the modernization of corporate strategy and increasing financial stability domestic companies

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Authors: Т. Г. Трубченко, M. S. Solomina
Cited by: 0
References: 9

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