Sustainable development of economic entities: state and prospects of development
( Pp. 38-42)

More about authors
Lyudmila A. Kostygova Dr. Sci. (Econ.), Associate Professor, Professor of Department of Corporate Finance and Corporate Governance
Financial University under the Government of the Russian Federation
Moscow, Russian Federation
Abstract:
The purpose of writing the research paper is to analyze the current state and determine the main current trends in the sustainable development of economic entities. As a result of the research, the genesis of sustainable development of economic entities is considered, modern practices of assessing sustainable development are studied. The most popular method is the Global Reporting Initiative (GRI). The experience of using ESG indices to assess the sustainable development of companies is studied. The following issues are investigated: the use of non-financial reporting data and financial instruments to stimulate the activities of «green» companies; the formation of ecosystems of economic entities. In the course of the study, the main directions of regulation of the process of sustainable development of economic entities are established: 1. Formation and analysis of non-financial reporting; 2. Use of non-financial reporting data and financial instruments to stimulate the activities of «green» companies. 3. Formation of ecosystems of economic entities, ensuring partnership and continuous interaction in the field of sustainable development.
How to Cite:
Lyudmila A.K., (2021), SUSTAINABLE DEVELOPMENT OF ECONOMIC ENTITIES: STATE AND PROSPECTS OF DEVELOPMENT. Economic Problems and Legal Practice, 2 => 38-42.
Reference list:
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Keywords:
sustainable development, economic entities, non-financial reporting, ecosystems.


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