Formation of the company’s investment policy taking into account the impact of environmental aspects of its activities

¹ Moscow State University of Civil Engineering, 26 Yaroslavskoye Shosse, Moscow, 109377, Russia
² Sovtransteh LLC, 21-4 Locomotivniy proezd, Moscow, 119180, Russia

^* Corresponding author: serj-bel@yandex.ru

Abstract

The article is devoted to the consideration of theoretical issues and methodology for building an effective investment policy of an enterprise, taking into account that for enterprises operating in most fundamental sectors of the economy, including construction, oil and gas, transport, industrial production, etc., an important aspect that requires consideration in the development of investment policy is the impact on the environment. Environmental aspects impose restrictions on the choice of investment directions, applied methods and technical and economic indicators of projects and determine the potential competitive advantages of projects, including through the use of forms of state support. Environmental aspects of investment activity should be considered not only as basic constraints in the development of project solutions, but also as one of the factors of the enterprise’s competitiveness, which significantly affects its investment potential in the medium and long term. The authors also present a system of key principles for the formation of an enterprise’s investment policy taking into account environmental aspects and form a schematic diagram for the development of an enterprise’s investment policy taking into account environmental aspects. The use of the proposed methodological tools will help to increase the stability and efficiency of both the internal environment of the enterprise and its external environment, that is, the socio-economic system in which it operates.