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Specific Features of Implementing Concept of Sustainable Development in Russia

https://doi.org/10.21686/2413-2829-2025-4-27-35

Abstract

The article deals with implementation of the concept of sustainable development in the Russian Federation. It provides the author’s interpretation of the notion ‘sustainable development’, shows the correlation between the concept of sustainable development and ESG-concept and identifies factors affecting the rate of sustainable development. The author highlighted changes that took place in ecological and social components of the concept in Russia due to changes in geopolitical situation and showed companies that implement and develop ESG-agenda. Examples were given of upgrading institutional foundations of providing sustainable development in the country, such as elaborating strategies and initiatives in the field of sustainable development, introducing national taxonomy, launching green bonds, spreading ESG-credits; risks and challenges of introducing ESG-agenda were identified. Special attention was paid to green-washing classified as unfair competition and green-hashing – a result of ecologic initiative concealing because of fear of excessive control over company work. The article provides statistics of Russian companies’ adherence to ESG principles and shows current trends in the field of sustainable development.

About the Authors

I. B. Teslenko
Vladimir State University
Russian Federation

Irina B. Teslenko - Doctor of Economics, Professor, Head of the Department of “Business Informatics and Economics” of the VISU.

87 Gorky Str., Vladimir, 600000



A. V. Nikolina
Vladimir State University
Russian Federation

Anna V. Nikolina - Applicant of the Department of “Business Informatics and Economics” of the VISU.

87 Gorky Str., Vladimir, 600000



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Review

For citations:


Teslenko I.B., Nikolina A.V. Specific Features of Implementing Concept of Sustainable Development in Russia. Vestnik of the Plekhanov Russian University of Economics. 2025;(4):27-35. (In Russ.) https://doi.org/10.21686/2413-2829-2025-4-27-35

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ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)