ESG agenda in the context of economic security of agricultural enterprises

¹ Plekhanov Russian University of Economics, Department of Financial Control, Analysis and Audit, Basic chair of the Main control Department of Moscow, 36 Stremyanny lane, 117997, Moscow, Russia
² St. Petersburg State Agrarian University, Department of Economics and Accounting, 2 Petersburg highway, Pushkin, 196691, St. Petersburg, Russia
³ State Institute of Economics, Finance, Law and Technology, Department of Accounting and Statistics, 5, st. Roshchinskaya, 188300, Gatchina, Russia

^* Corresponding author: plask55@mail.ru

Abstract

The article discusses the concept of sustainable development and ESG principles in relation to enterprises of the agro-industrial complex (hereinafter referred to as the agro-industrial complex). Sustainable development has become one of the main trends, as the world community understands that economic growth is closely related to the solution of environmental, climate, and social issues. It underlies the assessment of an organization's non-financial performance, taking into account the fact that investors and other stakeholders are increasingly paying attention to the compliance of economic entities with ESG principles, i.e. responsible attitude towards the environment, creating favorable social conditions, ensuring high quality corporate governance. The authors of the work carried out a critical analysis of international and domestic regulations on the topic of research, and formed, based on industry characteristics, a list and content of indicators for the sustainable development of agricultural enterprises. When preparing public non-financial reporting, they can be additional to the legally established basic indicators, and they can be used in the development of industry standards for the sustainable development of the agro-industrial complex.