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Ensuring Sustainable Development within the EAEU in Modern Realities

Author

Listed:
  • Alexander Nikolaevich ZAKHAROV

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Maria Andreevna MITKINA

    (Ministry of Economic Development of the Russian Federation)

Abstract

Currently, there are no common approaches to ESG-rating in the EAEU. There is lack of cooperation between the member countries in the field of renewable energy, and its development is essential to ensure sustainable development in the region. It is concluded that application of an ESG-rating system within the EAEU with an emphasis on social responsibility of business is required. As a result of the study, the authors propose the introduction of the Russian ESG-rating system in each of the EAEU countries.

Suggested Citation

  • Alexander Nikolaevich ZAKHAROV & Maria Andreevna MITKINA, 2024. "Ensuring Sustainable Development within the EAEU in Modern Realities," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 10, pages 43-54, October.
    • Handle: RePEc:alq:rufejo:rfej_2024_10_43-54
    DOI: 10.24412/2072-8042-2024-10-43-54
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    More about this item

    Keywords

    sustainable development; energy security; EAEU; ESG-rating; ESG-rating; environment; staff ; government; social responsibility;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy

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