Vol. 53 No. 12 (2023)
ECOLOGY AND ECONOMY

On the Relevance of ESG Investing

I. Yu. Blam
Institute of Economics and Industrial Engineering, SB RAS
S. Yu. Kovalev
Institute of Economics and Industrial Engineering, SB RAS

Published 2023-11-26

Keywords

  • ESG trends; responsible investing; ESG-investing; sustainable development; decarbonization; climate change

How to Cite

1.
Blam И, Kovalev С. On the Relevance of ESG Investing. ECO [Internet]. 2023 Nov. 26 [cited 2024 Aug. 7];53(12):170-84. Available from: https://ecotrends.ru/index.php/eco/article/view/4695

Abstract

The paper explores an important aspect of adapting investment programs of Russian companies to the events of 2022 i.e. changes in the ESG investment agenda. It is noted that although many companies had to suspend the development and implementation of their own ESG strategies, focusing on the problem of business sustainability, large exporters did not abandon their earlier goals. According to the authors, some deviation from the declared ESG-agenda and slowdown in the process of transition to “clean” technologies can be considered temporary phenomena caused by the reduction of available resources, while the global trend towards sustainable development remains unchanged. Following the adjustment to the new conditions and some stabilization, Russian companies will undoubtedly pay more attention to the ESG agenda.

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