Development of the methodological tools for corporate governance transformation while integrating ESG principles into a sustainable business development strategy
https://doi.org/10.28995/3033-7216-2026-1-24-37
Abstract
The conducted research is an analysis of the transformation of management science as a result of the introduction of the concept of sustainable development and ESG principles into the corporate management environment. In the course of the work, the evolutionary development of corporate management concepts and their adaptation to modern requirements of the concept of sustainable development of corporations is investigated, key approaches to the implementation of ESG factors in the operational activities and strategic planning of organizations are studied. The article provides a retrospective analysis of the evolution of scientific ideas about business social responsibility and stakeholder management models, and systematizes modern approaches to integrating ESG factors into the corporate governance system. Special attention is paid to the analysis of drivers and barriers to the implementation of the principles of responsible investment and non-financial reporting in the practice of Russian companies. Based on the analysis of the best international and Russian ESG transformation practices, key areas of integration of sustainable development criteria into strategic goal setting, risk management systems, staff motivation, interaction with investors and other stakeholders have been identified.
About the Authors
N. V. Kapustina
Financial University under the Government of the Russian Federation
Russian Federation
Russian Federation
Nadezhda V. Kapustina, Dr. of Sci. (Economics), associate professor
bld. 49/2, Leningradskii Avenue, Moscow
Yu. V. Vertakova
Russian State University for the Humanities
Russian Federation
Russian Federation
Yulia V. Vertakova, Dr. of Sci. (Economics), professor
bld. 6, Miusskaya Square, Moscow
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Review
For citations:
Kapustina N.V., Vertakova Yu.V. Development of the methodological tools for corporate governance transformation while integrating ESG principles into a sustainable business development strategy. RSUH/RGGU BULLETIN. Series Economics. Management. Law. 2026;(1):24-37. (In Russ.) https://doi.org/10.28995/3033-7216-2026-1-24-37
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