The essence of ESG projects, the specifics of risks and profitability

Numerous global problems of our time pose a challenge to the world community. It is obvious that the risks of unsustainable development create a potentially heavy burden for future generations, depriving them of the opportunity to develop on an equal basis with the current generation. These risks require all economic agents to be more active in purposefully ensuring sustainable development. In this regard, the study of mechanisms in the field of ensuring sustainable development of Russia is especially important. In this study, the emphasis was placed on studying the essence of ESG projects and their financial component. The authors reviewed the main types of ESG projects; systematized the risks inherent in their implementation; We figured out the definition of “profitability” of an ESG project.