Economic security of industrial companies in conditions of energy transition

Abstract

Effective management of industrial companies in the conditions of modern challenges contributes to the achievement of tactical and strategic goals of technological development of enterprises. In the theory and practice of industrial economics, a special place is given to environmental management, which includes operational environmental management, investment environmental management, risk management, etc. The concentration of efforts in a certain direction depends on the specifics of the activities of the subjects and the problems that they are facing. In this regard, the system of ensuring the economic security of industrial companies that faces the need to solve the tasks of a planned energy transition is of particular importance. Industrial companies of the energy sector of the world economy were selected as the object of the study. As measures to ensure economic security, the article considers a unique risk management policy, including strategic planning, systematization and risk assessment, as well as managerial control over financial, economic, scientific and technological types of risk. The study revealed that over the past five years, industrial companies have been thoroughly approaching the development of an environmental strategy. The authors identify trends in the technological transformation of the global energy complex, which determine promising areas of technological integration for the development of carbon-neutral energy. The most important direction is the development and implementation of innovations that improve environmental safety, including new technologies for the production of pure hydrogen from natural gas and recycling processes. The conducted research made it possible to identify the scientific and institutional prerequisites for risk management of technological integration and to link them with tools for ensuring economic security.