Corporate social responsibility and social investment in the urban environment

Abstract

The article examines the phenomenon of social investment, reveals the advantages, and overviews the potential of impact investments. Implementation of corporate social responsibility as a trend followed by international corporations is reviewed, and its role as the most widespread direction of ESG approach is discussed. The definition of social urban space that most fully meets modern trends is proposed; the trends relevant to the organization of urban spaces are considered in the article. A comparison is made between the Western experience of using social investments and Russian practice. The most promising directions of using social investment for the development of the social urban environment are proposed.