ESG subsystems and strategies to enhance their operational efficiency

This study is dedicated to the delineation of Environmental, Social, and Governance (ESG) subsystems and the identification of reserves for enhancing their performance. From a global ESG agenda perspective, the transition from a mere "slogan" stage to the emergence of a market for ESG-related services and solutions for economic entities has long been surpassed. In recent years, the ESG approach is increasingly employed by investors and analysts to assess the long-term viability and responsible conduct of companies. Concurrently, consumer behavior is becoming more conscious and responsible, inevitably influencing changes in corporate business strategies, the development of new markets, and the popularity of ESG investments. According to the authors, ESG investments and business models that take into account social and environmental aspects contribute to the sustainable development of businesses and mitigate risks for companies.