Development of the large cities in the context of the implementation of the ESG framework

¹ Rostov State University of Economics, Department of Regional Economy, Industries and Enterprises, 69 B. Sadovaya St., 344002 Rostov-on-Don, Russia
² Rostov State University of Economics, Department of Theoretical Economics, 69 B. Sadovaya St., 344002 Rostov-on-Don, Russia
³ Rostov State University of Economics, Department of Theoretical Economics, 69 B. Sadovaya St., 344002 Rostov-on-Don, Russia
⁴ Rostov State University of Economics, Department of Accounting, 69 B. Sadovaya St., 344002 Rostov-on-Don, Russia

^* Corresponding author: ndrodionova@mail.ru

Abstract

The article is devoted to the formation of a conceptual model of sustainable development of large cities and the algorithm of its implementation in the ESG framework. The article aims to illustrate and justify of the authors’ proposals in promoting the digital sustainable development management platforms in conditions of environmental challenges inherent in a group of the largest million-plus cities in the Russian Federation. The necessity and expediency of building digital platforms for managing the sustainable development of major cities is proposed and justified, which is caused by the growing volume of information in the conditions of sanctions and changes in foreign economic conditions. The importance of the formation of “smart” cities with the elements of “green” construction and with the allocation of zones of ecological well-being, the transfer of urban vehicles to electric vehicles, optimization of waste disposal of production and consumption in these cities is emphasized. The article proposes a methodological approach to the formation of an information panel for the sustainable development of the largest cities of the Russian Federation. Finally, the algorithm for implementing the construction of a digital platform for managing the sustainable development of the largest cities is presented in the form of a four-stage system of actions, the sequence of which takes into account the presence of distinctive conditions in different cities that characterize their environmental well-being, as well as infrastructure tasks to ensure energy saving and resource conservation regimes within the ESG agenda.