Current paradigm of ESG strategy in new geopolitical situation

¹ Emperor Alexander I St. Petersburg State Transport University, Moskovsky pr., 9, 190031, Saint Petersburg, Russia
² Russian University of Transport (MIIT), Ulitsa Obraztsova 9, bld.9, Moscow, Russia
³ Samara State Transport University, ul. Svoboda, 2 V, Samara, Russia

^* Corresponding author: insight1986@inbox.ru

Abstract

This article considers the formation of a new ESG agenda under the conditions of the spring sanctions. In particular, an attempt has been made to answer the following questions: to what extent will changes in the geopolitical situation at the global level affect the ecological transformation of both the national economy of the Russian Federation and within regional international organizations? What will be the main formats of ESG - agenda realization on the international level? What are the prerequisites for ESG-concept implementation in Russian business community? The article contains analytical review of prerequisites and catalyst factors for the formation of a new model of development of ecologization of economy. It is established that as a result of the process of de-globalization of the world economy, the imposition of sanctions against Russia, the main vector of development of environmental initiatives remains the regional format of international integration organizations based on the principles of import substitution, digitalization, multivariate, comprehensiveness and quality. As a result of the study the potential shape of the paradigm of ESG agenda implementation in the medium term at the national and regional level is formulated.