ESG subsystems and strategies to enhance their operational efficiency
DOI:
https://doi.org/10.14571/brajets.v17.n1.405-413Palavras-chave:
sustainable development, ESG, performance enhancing reserves, RiskResumo
This study is dedicated to the delineation of Environmental, Social, and Governance (ESG) subsystems and the identification of reserves for enhancing their performance. From a global ESG agenda perspective, the transition from a mere "slogan" stage to the emergence of a market for ESG-related services and solutions for economic entities has long been surpassed. In recent years, the ESG approach is increasingly employed by investors and analysts to assess the long-term viability and responsible conduct of companies. Concurrently, consumer behavior is becoming more conscious and responsible, inevitably influencing changes in corporate business strategies, the development of new markets, and the popularity of ESG investments. According to the authors, ESG investments and business models that take into account social and environmental aspects contribute to the sustainable development of businesses and mitigate risks for companies.Referências
Buliga, R. P., & Safonova, I. V. (2022). Business audit in ESG format: the dialectics of the development of basic verification categories. Accounting. Analysis. Audit. 2022;9(4):6-20. https://doi.org/10.26794/2408-9303-2022-9-4-6-20
Corporate Knights. (2021). Global 100 Index. Corporate Knights Inc. https://www.corporateknights.com/reports/2021-global-100/
Eccles, R. G., & Serafeim, G. (2013). The Performance Frontier: Innovating for a Sustainable Strategy. Harvard Business Review, 91(5), 50-60. https://hbr.org/2013/05/the-performance-frontier-innovating-for-a-sustainable-strategy
ESG Audit Risk Reporting: How To. https://www2.delоitte.cоm/us/en/рages/audit/articles/esg-audit-risk-reроrting-hоw-tо.html
Frenken К. (2017), Political economies and environmental futures for the sharing economy Philos. Trans. A Math. Phys. Eng. Sci., 375, 2095
GRI (2021). Sustainability Reporting Standards. Global Reporting Initiative. https://www.globalreporting.org/standards/
How to Make an ESG Report. https://www.esgthereроrt.cоm/what-is-esg/hоw-tо-make-an-esg-reроrt/
IIRC. (2021). The Integrated Reporting Framework. International Integrated Reporting Council. https://integratedreporting.org/resource/integrated-reporting-framework/
MSCI ESG Research LLC. (2021). MSCI ESG Ratings. MSCI Inc. https://www.msci.com/esg-ratings
Ghisellini P. Cialani C, Ulgiati S. (2016). A review on circular economy: the expected transition to a balanced interplay of environmental and economic systems J. Clean. Prod., 114, 11-32
SASB. (2020). SASB Standards. Sustainability Accounting Standards Board. https://www.sasb.org/standards/
Güney T. (2021) Renewable energy and sustainable development: evidence from OECD countries Environ. Prog. Sustain. Energy, 40 (4), 89-94.
Jamalpour, H., & Yaghoobi-Derab, J. (2022). A review of the philosophy of aesthetics and art based on theoretical and methodological considerations. Revista de Investigaciones Universidad del Quindío, 34(S2), 426-435.
Jamalpour, H., & Derabi, J. Y. (2023). Aesthetic Experience, Neurology and Cultural Memory. Passagens: Revista Internacional de História Política e Cultura Jurídica, vol. `5, no. 2, pp. 340-348, https://doi.org/10.15175/1984-2503-202315208
Nurhajati, Y., Suharman, H., Sueb, M., & Fitrijanti, T. (2023). Effect of the anti-fraud policy towards reducing public e-procurement corruption using the ability of internal audit forensic accounting techniques. Economic Annals-XXI, 203(5-6), 82-88. doi: https://doi.org/10.21003/ea.V203-10
Shariati, A., Azaribeni, A., Hajighahramanzadeh, P., & Loghmani, Z. (2013). Liquid–liquid equilibria of systems containingsunflower oil, ethanol and water. APCBEE procedia, 5, 486-490.Susminingsih (2023). Influence of income, education and religious rituals on life quality. Economic Annals-XXI, 203(5-6), 76-81. doi: https://doi.org/10.21003/ea.V203-09
Titenkov, A. (n.d.). Verification (audit) of ESG reporting. Why and how. https://gaap.ru/articles/Verifikatsiya_audit_ESG_otchetnosti_Kak_i_zachem/
Understanding ESG Audits: Checklist and Best Practices. https://tax.thоmsоnreuters.cоm/blоg/understanding-esg-audits-checklist-and-best-рractices/
World Economic Forum. (2020). Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation. World Economic Forum. https://www.weforum.org/reports/measuring-stakeholder-capitalism-towards-common-metrics-and-consistent-reporting-of-sustainable-value-creation
Wu B., Fu Y., Wang Z., Liu X., Wang Z. (2022). Consortium blockchain-enabled smart ESG reporting platform with token-based incentives for corporate crowdsensing. Computers & Industrial Engineering. 172(1):108456.
Downloads
Publicado
Edição
Secção
Licença
Direitos de Autor (c) 2024 Natalia Prodanova, Olga Tarasova
Este trabalho encontra-se publicado com a Licença Internacional Creative Commons Atribuição 4.0.
The BRAJETS follows the policy for Open Access Journals, provides immediate and free access to its content, following the principle that making scientific knowledge freely available to the public supports a greater global exchange of knowledge and provides more international democratization of knowledge. Therefore, no fees apply, whether for submission, evaluation, publication, viewing or downloading of articles. In this sense, the authors who publish in this journal agree with the following terms: A) The authors retain the copyright and grant the journal the right to first publication, with the work simultaneously licensed under the Creative Commons Attribution License (CC BY), allowing the sharing of the work with recognition of the authorship of the work and initial publication in this journal. B) Authors are authorized to distribute non-exclusively the version of the work published in this journal (eg, publish in the institutional and non-institutional repository, as well as a book chapter), with acknowledgment of authorship and initial publication in this journal. C) Authors are encouraged to publish and distribute their work online (eg, online repositories or on their personal page), as well as to increase the impact and citation of the published work.