Creation of the reporting on sustainable development of companies based on socioeconomic measurement statistics

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Abstract

The importance of statistical data disclosed in the reporting on the sustainable development of economic agents under unstable economic conditions is revealed in the article. The principles and methods of preparing the reporting on the sustainable development of economic agents are defined. The fundamental principle of sustainability in development is the requirement of compliance with the sustainability criteria in operation. According to the concept of sustainable development for economic agents, it is necessary to form ways of long-term strategic development in order to increase the business value taking the requirements of the socioeconomic and environmental responsibility into account, which prioritizes provision of such information as statistical data for conducting research. The involvement of economic agents in the concentration of sustainable development by creating the reporting for stakeholders will allow society to achieve the greatest effect from the activities of such business entities.

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Petrov, A. M., Nikiforova, E. V., Kiseleva, N. P., Grishkina, S. N., & Lihtarova, O. V. (2019). Creation of the reporting on sustainable development of companies based on socioeconomic measurement statistics. International Journal of Recent Technology and Engineering, 8(2), 4005–4012. https://doi.org/10.35940/ijrte.B3053.078219

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