To enter the trajectory of sustainable development, Ukraine needs effective management mechanisms aimed at significantly increasing innovation activity, intellectualizing the main factors of production, as well as creating production and economic systems capable of ensuring GDP growth and a new quality of life of the population on an innovative basis. Scientific views of the problem of developing mechanisms for managing the sustainable development of enterprises in the real sector of the economy are quite fully represented in the scientific works of famous scientists. In addition to approaches to determining the elements of enterprise management mechanisms on an innovative basis, in the theory and practice of management, many approaches have been developed to ensure the sustainability of industrial enterprises as the basis for the competitiveness of the national economy. However, there are certain gaps in the coverage of issues related to the creation of a mechanism for ensuring the sustainable development of companies in an unstable geopolitical situation. Therefore, the issue of improving the mechanism for managing the sustainable development of enterprises regarding a holistic approach to their functioning in the national economy and ensuring a synergistic effect in solving strategic tasks of the real sector of the national economy is extremely relevant. The aim of the study is to improve the theoretical and methodological foundations of the concept of creating a mechanism for ensuring the sustainable development of industrial enterprises in Ukraine in an unstable geopolitical situation. Methods and tools for sustainable development management have been identified, allowing to identify the sources, nature and directions of change to ensure sustainability; the definition of the category "mechanism of sustainable development management" has been clarified; Ukraine now occupies an international place in terms of key economic indicators; an improved mechanism for manag- ing the sustainable development of industrial enterprises, which will contribute to an innovative increase in the level of competitiveness of the national economy and the quality of life of the population in accordance with global transformational trends. The main factors in the process of which there is an important aspect of sustainable development of Ukraine for the analysis and determination of the volume of investments, including the structure and dynamics of foreign investments, are identified and analyzed. Key threats to globalization that could hinder sustainable development have been identified. Based on the study, the main (strategic) stages of ensuring sustainable development of Ukraine are proposed.