Cover story: Energy and Climate – New and/or Renewed Sources
Assessing the Impact of ESG Policies on the Competitiveness of Railroad Companies (Russian and German Experience)
Published 2024-11-27
Keywords
- Competitiveness factors; ESG tools; ESG policy; railway industry; international comparisons
How to Cite
1.
Tsygankova О. Assessing the Impact of ESG Policies on the Competitiveness of Railroad Companies (Russian and German Experience). ECO [Internet]. 2024 Nov. 27 [cited 2025 Jul. 15];54(6):59-6. Available from: https://ecotrends.ru/index.php/eco/article/view/4793
Abstract
The paper discusses the impact of ESG policy on competitiveness in the railroad industry. The cases of two national companies - Russian Railways and Deutshe Bahn - are compared. Regression analysis using the principal component method revealed a positive impact of social and environmental aspects on Deutshe Bahn’s profitability indicators (net profit, profit before tax, EBITDA). However, for JSC «Russian Railways» no statistically significant influence of ESG principles on the competitiveness indicators was found, which may be due to the peculiarities of national regulation.References
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