The article substantiates the relevance of the formation of competencies of students in the master's degree programs in management and public and municipal administration from the perspective of the ESG approach, covering environmental, social and managerial aspects of ensuring the sustainable development of the regional economy. The results of the analysis of the dynamics of the use of environmentally-oriented advanced production technologies in the Nizhny Novgorod region, as one of the largest industrial centers in Russia, are presented. The ESG approach developed by the authors to the formation of competencies of students in master's degree programs is proposed as a way to solve the identified problems of the Nizhny Novgorod region in terms of providing ESG components of the region's economy, which is a closed cycle that begins with an analysis of the content of training courses in master's degree programs and the identification of already declared competencies for their compliance with the requirements of sustainable development and ends with the adjustment of educational programs based on the results of monitoring the formation of ESG competencies among students.
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Nesterova et al. (2026) studied this question.
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