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: A. N. Kurayev, I. G. Morozova, A. A. Grunina, N. M. Suray, M. V. Shatokhin
Format: Article
Language:English
Published: Omsk State Technical University, Federal State Autonomous Educational Institution of Higher Education 2023-09-01
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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author A. N. Kurayev
I. G. Morozova
A. A. Grunina
N. M. Suray
M. V. Shatokhin
author_facet A. N. Kurayev
I. G. Morozova
A. A. Grunina
N. M. Suray
M. V. Shatokhin
author_sort A. N. Kurayev
collection DOAJ
description 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.
format Article
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institution Kabale University
issn 2542-0488
2541-7983
language English
publishDate 2023-09-01
publisher Omsk State Technical University, Federal State Autonomous Educational Institution of Higher Education
record_format Article
series Омский научный вестник: Серия "Общество. История. Современность"
spelling doaj-art-c39b4f6b04b544cc84ab92c5820be6fd2025-02-03T04:32:37ZengOmsk State Technical University, Federal State Autonomous Educational Institution of Higher EducationОмский научный вестник: Серия "Общество. История. Современность"2542-04882541-79832023-09-018311612310.25206/2542-0488-2023-8-3-116-123Evolution of the concept of corporate social responsibility and ways of its development in modern RussiaA. N. Kurayev0I. G. Morozova1A. A. Grunina2N. M. Suray3https://orcid.org/0000-0001-6219-4363M. V. Shatokhin4https://orcid.org/0000-0002-4149-0662K. G. Razumovsky Moscow State University of Technologies and ManagementKazan (Volga Region) Federal UniversityMoscow Regional Cossack Institute of Technology and Management (branch) of the K. G. Razumovsky Moscow State University of Technologies and ManagementRussian University of Economics named after G. V. PlekhanovFinancial University under the Government of the Russian FederationThis 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.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..pdfcorporate social responsibilityesg-transformationdigital transformationglobalizationsustainable development
spellingShingle A. N. Kurayev
I. G. Morozova
A. A. Grunina
N. M. Suray
M. V. Shatokhin
Evolution of the concept of corporate social responsibility and ways of its development in modern Russia
Омский научный вестник: Серия "Общество. История. Современность"
corporate social responsibility
esg-transformation
digital transformation
globalization
sustainable development
title Evolution of the concept of corporate social responsibility and ways of its development in modern Russia
title_full Evolution of the concept of corporate social responsibility and ways of its development in modern Russia
title_fullStr Evolution of the concept of corporate social responsibility and ways of its development in modern Russia
title_full_unstemmed Evolution of the concept of corporate social responsibility and ways of its development in modern Russia
title_short Evolution of the concept of corporate social responsibility and ways of its development in modern Russia
title_sort evolution of the concept of corporate social responsibility and ways of its development in modern russia
topic corporate social responsibility
esg-transformation
digital transformation
globalization
sustainable development
url 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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