sfsСибирская финансовая школаSiberian Financial School1993-4386Novosibirsk State University of Economics and Management "NINH" (NGUEU)10.34020/1993-4386-2023-2-15-23sfs-369Research ArticleФИНАНСЫFINANCEПодходы к принятию инвестиционных решений на основе ESG-факторовApproaches to making investment decisions based on ESG factorsЧернышоваМ. В.ChernyshovaM. V.

Чернышова Марина Витальевна – кандидат экономических наук, доцент Департамента финансовых рынков и финансового инжиниринга.

Москва

Marina V. Chernyshova – PhD in Economics, Associate Professor of the Department of Financial Markets and Financial Engineering.

Moscow

mvchernyishova@fa.ruШогеноваИ. М.ShogenovaI. M.

Шогенова Инна Мухамедовна – студент.

Москва

Inna Shogenova – student.

Moscow

shogenova-i@mail.ruФинансовый университет при Правительстве Российской ФедерацииРоссияFinancial University under the Government of the Russian FederationRussian Federation202322082023021523Copyright © Чернышова М.В., Шогенова И.М., 20232023Чернышова М.В., Шогенова И.М.Chernyshova M.V., Shogenova I.M.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://sfs.elpub.ru/jour/article/view/369

Одним из проявлений глобализации и массовых интеграционных процессов является возникновение ответственности каждого гражданина за минимизацию распространения глобальных проблем. На сегодняшний день фокус внимания мирового сообщества направлен на решение экологических проблем в связи с расширением зон их влияния в геометрической прогрессии, что ставит под угрозу устойчивость развития экономики. ESG-повестка стимулирует компании ориентироваться на экологические, социальные и управленческие факторы при решении стратегических целей и задач. В данной статье подходы к ESG-инвестированию рассматриваются как инвестиционные стратегии на основе анализа динамики приоритетности ESG-компонентов. На примере российского рынка рассмотрены и проанализированы ESG-рейтинги компаний отдельно по факторам и в агрегированном формате. Сделаны предположения по направлениям развития ESG-инвестиций в разрезе отраслей экономики и сформулированы основные тенденции на рынке устойчивого инвестирования.

One of the manifestations of globalization and mass integration processes is the emergence of the responsibility of every citizen for minimizing the spread of global problems. To date, the focus of the world community's attention is aimed at solving environmental problems in connection with the expansion of their influence zones in a geometric progression, which threatens the sustainability of economic development. The ESG agenda affects business: more and more companies are required to focus on environmental, social and governance factors when addressing strategic goals and objectives. The ESG agenda encourages companies to focus on environmental, social and managerial factors when solving strategic goals and objectives. In this article, approaches to ESG investing are considered as investment strategies based on the analysis of the dynamics of the priority of ESG components. Using the example of the Russian market, ESG ratings of companies are considered and analyzed separately by factors and in an aggregated format. Assumptions are made on the directions of development of ESG investments in the context of economic sectors and the main trends in the sustainable investment market are formulated.

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The authors declare that there are no conflicts of interest present.