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ESG-investments in banking: Russian and international practice in modern conditions

https://doi.org/10.37493/2307-907X.2023.2.1

Abstract

The article studies the history of ESG investment development, basic concepts concerning responsible investment and its key components. The components and principles of ESG investment are considered. Special attention is paid to the development of ESG investment in Russia. Responsible investment is considered by the example of the bank of PJSC CB «Center-invest», its position in the market as a leader in ESG investments. Foreign banks and their approaches to responsible investment and the leaders of foreign countries are also considered. Based on the results of the study, one can claim that the topic under consideration is relevant as a nominal approach to investing will improve the quality of life of the population, the environment, the social sphere and management issues. In Russian practice, the leader in ESG investing is the commercial bank PJSC CB «Center-invest», which annually publishes ESG reports. The analysis proves that the bank makes a great contribution to the preservation of the environment, improvement of the social and managerial field. Foreign banks are doing much better in this area of investment, issuing «green» bonds.

About the Authors

I. O. Alimova
North-Caucasus Federal University
Russian Federation

Inna O. Alimova - Candidate of Economics, Associate Professor, North-Caucasus Federal University.

Stavropol



V. B. Berdieva
North-Caucasus Federal University
Russian Federation

Valeria B. Berdieva - student, North-Caucasus Federal University.

Stavropol



A. A. Sharai
North-Caucasus Federal University
Russian Federation

Anastasia A. Sharai - student, North-Caucasus Federal University.

Stavropol



References

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Review

For citations:


Alimova I.O., Berdieva V.B., Sharai A.A. ESG-investments in banking: Russian and international practice in modern conditions. Newsletter of North-Caucasus Federal University. 2023;(2):7-14. (In Russ.) https://doi.org/10.37493/2307-907X.2023.2.1

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ISSN 2307-907X (Print)