Evolution of the concept of corporate social responsibility and ways of its development in modern Russia
This article discusses the principles and current trends of corporate social responsibility, as well as the basis for the modern development paradigm. Corporate social responsibility is necessary for sustainable development of the organization and the welfare of society as a whole, as it has lega...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Omsk State Technical University, Federal State Autonomous Educational Institution of Higher Education
2023-09-01
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| Series: | Омский научный вестник: Серия "Общество. История. Современность" |
| Subjects: | |
| Online Access: | https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2023/%D0%A2.8,%20%E2%84%963%20(%D0%9E%D0%98%D0%A1)/116-123%20%D0%9A%D1%83%D1%80%D0%B0%D0%B5%D0%B2%20%D0%90.%20%D0%9D.,%20%D0%9C%D0%BE%D1%80%D0%BE%D0%B7%D0%BE%D0%B2%D0%B0%20%D0%98.%20%D0%93.,%20%D0%93%D1%80%D1%83%D0%BD%D0%B8%D0%BD%D0%B0%20%D0%90.%20%D0%90.,%20%D0%A1%D1%83%D1%80%D0%B0%D0%B9%20%D0%9D.%20%D0%9C.,%20%D0%A8%D0%B0%D1%82%D0%BE%D1%85%D0%B8%D0%BD%20%D0%9C.%20%D0%92..pdf |
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| Summary: | This article discusses the principles and current trends of corporate social
responsibility, as well as the basis for the modern development paradigm. Corporate
social responsibility is necessary for sustainable development of the organization
and the welfare of society as a whole, as it has legal, social, ethical, environmental
and philanthropic context of the functioning of the developing organization. It
is defined that efficiency of corporate social responsibility of the organization
is defined by positive social and ecological influence on a society. However,
today many companies, including Russian ones, are only beginning to realize the
importance of ESG-strategy implementation in their activities, which is one of the
determining factors of competitiveness and investment attractiveness. The analysis
of ESG-transformation of domestic business has been carried out. It is found that
the introduction of ESG-practices in Russian business is in its infancy. The growth
of digital technologies and the involvement of employees in the dissemination of
ESG practices will help to accelerate the process of ESG-strategy implementation in
the activities of the organization. All these factors together will create a favorable
environment for corporate social responsibility reporting in Russia. |
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| ISSN: | 2542-0488 2541-7983 |