Evaluation of Sustainable Development of Russian Largest Companies

The research is devoted to the assessment of sustainability of activity of Russian largest corporations by market capitalization. Russian companies are beginning to declare their commitment to sustainable development, but the unified toolkit for evaluating their efforts has not been developed yet. It makes difficult to analyze the efficiency of the new business model, based on sustainable development concept. The proposed by the authors rating is based on the integrated indicator calculation, which combines a number of indicators reflecting different aspects of social, economic and environmental activities of companies. The paper offers the methodology for the formation of a sustainable development rating, which will propose an objective assessment of the weight of fundamental indicators characterizing sustainable business development. The developed methodology is applied to Russian companies but can be applicable for any business. © 2020 IEEE.

Authors
Verenikin A.O.1 , Makhankova N.A.1 , Finley J.T.2 , Verenikina A.Y. 3
Publisher
Institute of Electrical and Electronics Engineers Inc.
Language
English
Pages
37-41
Status
Published
Number
9080388
Year
2020
Organizations
  • 1 Lomonosov Moscow State University, Department of Political Economy, Leninskie gory, 3rd new educational building, Moscow, 119991, Russian Federation
  • 2 Columbus State University, Department of Management and Marketing, Columbus, GA 31907, United States
  • 3 Peoples' Friendship University of Russia, Department of Political Economy, 6 Miklukho-Maklaya Str., Moscow, 117198, Russian Federation
Keywords
global reporting initiative; principal components approach; sustainable development
Date of creation
02.11.2020
Date of change
02.11.2020
Short link
https://repository.rudn.ru/en/records/article/record/64971/
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