Using ESG- and Finance Indicators Aimed at Conceptualization of Developrs’ Risks
https://doi.org/10.21686/2413-2829-2026-3-137-146
Abstract
A rise in finance efficiency of company activities is possible due to risk cutting. On the basis of research synthesis the author’s notion of ESG-risk conceptualization was formulated, which implies not only identification and assessment of risks, but also their integration in the system of strategic planning and management aimed at a rise in organization activity efficiency. The author completed conceptualization of developers’ risks with regard to using ESG- and finance indicators. Practice of developers’ functioning shows that one-sided analysis of ESG-factors or finance indicators and their impact on the company cannot provide a full vision of its activities. The research found interconnection between ESG-factors and finance indicators and formulated the idea about conceptualization of ESG-risks for developers. The article provides values of finance indicators in conceptualization of ESG-risks, grounds the necessity to include finance figures in the model of ESG-risk assessment. It is especially important for developers in order to raise efficiency of their finance activities and provide positive effect for economy in Russia. It the future it can cause a growth in investment appeal of developers’ projects and developers themselves for market participants and in general can foster acceleration of processes of ESG-agenda realization in Russia.
About the Author
M. I. Ermilova
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Mariia I. Ermilova, PhD, Associate Professor, Associate Professor of the Department of Sustainable Development Finance
36 Stremyanny Lane, Moscow, 109992
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Review
For citations:
Ermilova M.I. Using ESG- and Finance Indicators Aimed at Conceptualization of Developrs’ Risks. Vestnik of the Plekhanov Russian University of Economics. 2026;(3):137-146. (In Russ.) https://doi.org/10.21686/2413-2829-2026-3-137-146
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