О НЕОБХОДИМОСТИ РАЗВИТИЯ РОССИЙСКОГО ЗАКОНОДАТЕЛЬСТВА НА ОСНОВЕ ИСПОЛЬЗОВАНИЯ ESG-ПРИНЦИПОВ

Abstract

Introduction. In the modern world, one of the central directions in the economic sphere has become the use of the so-called ESG principles – the principles of sustainable development. ESG principles include three components: E (environment) – responsible attitude to the environment (ecology), S (social) – high social responsibility and G (governance) – high quality of corporate governance. The purpose of the article is to reveal the importance of ESG principles for the socio–economic development of the country and the need to develop legislation taking into account these principles. The research methods are comparative analysis and synthesis. The results obtained. The role of ESG principles in the modern world and the need to take them into account when developing national legislation is shown. A comparison is made between ESG costs and ESG risks, which respectively arise between ESG-oriented companies and companies that do not follow ESG principles. It is concluded that the socio-economic development of the Russian Federation should take place in the context of global development, taking into account the emerging principles of economic activity, including the use of ESG principles. Otherwise, it will lead to a decrease in the competitiveness of Russian companies and the investment attractiveness of the country. To this end, it is necessary to develop Russian legislation taking into account the use of the principles of sustainable development. Considering that it is not possible for companies and banks to quickly switch to ESG principles due to the presence of sufficiently high costs in the short and medium term and the process of constantly strengthening these principles, regulatory legal regulation should gradually, smoothly introduce ESG requirements.