Business, Management and Accounting
2 years ago

Stakeholders Drive Sustainable Development Strategies for Russian Industrial Enterprises

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Economies
The Stakeholders’ Role in the Corporate Strategy Creation for the Sustainable Development of Russian Industrial Enterprises
Yulia Medvedeva, Roman S. Luchaninov, N.V. Poluyanova, Svetlana V. Semenova, Ekaterina A. Alekseeva

Paper Summary

The article explores how stakeholders influence the sustainable development strategies of Russian industrial enterprises in the fuel and energy sector. By analyzing ESG-ratings and company reports, the study identifies key goals for sustainable development and how companies interact with stakeholders. The research suggests that a proactive approach can help companies address long-term sustainability issues effectively.

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