The Green economy: implementation of "Demoethics” principles for sustainable development of environmental compliance and corporate social responsibility

Abstract

Goal: Conceptual analysis of “green” economy tools through the implementation of environmental compliance and corporate social responsibility based on the concept of “Demoethics” for sustainable development. Methods: The study utilizes a general methodological approach, namely a systemic approach, which includes methods of logical, statistical analysis and synthesis, goal setting, and goal decomposition. Results: The development of a “green” economy through the implementation of effective practices of corporate social responsibility and environmental compliance should be based on the concept of “Demoethics” which is based on the idea that sustainable development of society can only be achieved through adherence to ethical rationalities that can ensure a balance between the economic, social, and environmental needs of humanity. The paradigm of sustainable development is based on ethical rationality, which includes ensuring the basic needs of people, reducing socio-economic inequality, respecting cultural values, and environmental responsibility. Conclusions: The integration of education and upbringing, a well-developed mind, acquisition of knowledge, scientific principles, and honest labor make a certain contribution to sustainable development. Therefore, democratic principles shape ethical rationality in society, and their effective implementation in corporate social responsibility and environmental compliance allows for improving the quality of life of the population and the competitiveness of society