Business Transition to ESG-Strategies: Innovative Approaches in Russian and International Experience

Abstract

Sustainable development is one of the priority areas of business development strategies in Russia and abroad. Sustainable development is focused on environmental protection but takes into account certain social aspects. If a company wishes to implement a more environmentally friendly, social, and economically sustainable structure, it needs a complete set of required documentation and instructions. This documentation is based on environmental, social, and governance criteria, which together form the ESG-strategy.