РОЛЬ ESG-ІНВЕСТУВАННЯ В ЗАБЕЗПЕЧЕННІ ІНКЛЮЗИВНОГО РОЗВИТКУ ПІДПРИЄМСТВ, РЕГІОНІВ, ДЕРЖАВИ

Abstract

The article presents the results of a study of the content of the concept of inclusive development of economic systems in modern conditions and outlines the priority areas of responsible financing as a mechanism for overcoming the current political challenges and post-war reconstruction of the Ukrainian state. The importance of the environmental, social and governance component (ESG factors) as investment benchmarks in the context of ensuring inclusive development and achieving sustainable development goals is proved. The evolution of methodological tools for assessing the effectiveness of social responsibility of business and ESG parameters is analysed. The article establishes that algorithms for effective comparison of ESG investment performance are currently available to investment investors, which allows them to qualitatively measure, evaluate and manage processes in the field of responsible entrepreneurship. The global trend towards the implementation of the ESG approach by key financial market institutions of the world is identified and the dynamics of growth in the number of ESG exchange-traded funds is summarised. The positive achievements and inhibiting factors on the way to scaling the ESG transition in the strategies of domestic companies are outlined. The current state of implementation of ESG factors in the Ukrainian business environment is determined. The discrepancy between declarative approaches to the development strategies of companies and the content of their non-financial reporting is revealed. The national portal is evaluated in the context of presenting and promoting key ESG aspects. The need to increase attention to ensuring inclusive development of the state and its economic systems within the framework of ESG strategies as one of the priority solutions in the context of post-war reconstruction of the country was identified. The practical impact of ESG investing on the inclusive development of systems of different levels – from corporate to macroeconomic – is diversified. The article emphasises the interconnection and interdependence of social values with fiduciary benefits, which makes it a priority to further search for incentives to attract business structures to socially responsible entrepreneurship at the state level.