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Article . 2024 . Peer-reviewed
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ON THE MEASUREMENT AND INTERPRETATION OF ESG RISKS IN THE LIFE CYCLE OF AN INDUSTRIAL ENTERPRISE

Authors: A. S. Lifshits;

ON THE MEASUREMENT AND INTERPRETATION OF ESG RISKS IN THE LIFE CYCLE OF AN INDUSTRIAL ENTERPRISE

Abstract

The article is problem-solving in nature and reflects the author's vision of the methodology for measuring and interpreting ESG risks in the life cycle of an organization. The methodology is based on the principles of multidimensionality, the relationship of factors and consequences, sustainable development, and double materiality. viewed through the prism of the stages and phases of the life cycle of an organization (enterprise). The role of the economic potential of an enterprise and the preferred degree of its use in the survival and strategic development of an industrial enterprise is revealed. The sequence of measuring and interpreting the environmental, social and economic negative consequences of the functioning and development of an industrial enterprise has been determined. A double interpretation is used — economic (based on the criteria of economic damage and lost profits) and social (based on the criteria of dissatisfaction with the quality of work life). An approach has been formed to determine the degree and measure of ESG risks and their weight, which creates the prerequisites for the development of an integral indicator of ESG risks and key indicators of ESG restrictions.The possibilities of quantitative measurement of the value chain and vulnerability chain are revealed, taking into account the potential influence of stakeholders. As a result, the possibilities for improving the relationship between the owners and top managers of the enterprise with the external environment and clarifying the role and place of management in realizing the goals of the micro-level production and commercial industrial systemof the national economy are expanding.

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Keywords

ESG risks, ESG-риски, цепочка ценностей, интегральный показатель ESG-рисков, ESG-ограничения, ESG restrictions, стейкхолдеры, stakeholders, enterprise life cycle, integral indicator of ESG risks, vulnerability chain, жизненный цикл предприятия, цепочка уязвимости, negative consequences, value chain, негативные последствия

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
gold