At present, there are several initiatives in Russia aimed at organizing, stimulating, and developing the concept of sustainable development. The principal approach is the domestically developed Standard for Sustainable Development Reporting (a draft of which the editorial board got access to), which is being created at the request of the Russian Ministry of Economic Development and Trade. Positive Changes Journal has compiled an in-depth analysis of this document, encompassing the perspectives of all interested parties. Being unaffiliated with any of these groups, yet possessing all necessary information, we can afford to examine the situation from an objective standpoint, analyze it, and propose pertinent contributions to the standard in development.