TRANSITION TO SUSTAINABILITY: AN EMPIRICAL ANALYSIS OF FACTORS MOTIVATING INDUSTRIAL COMPANIES TO IMPLEMENT ESG PRACTICES

Currently, more and companies follow the principles of sustainable development implement ESG practices in corporate strategies. At same time, a number Russian experience barriers to implementing do not have necessary competencies build work on implementation practices. In this context, it is important understand factors contributing industrial companies. The research presented article based data survey 167 results obtained allow us speak about variety influencing environmental, social managerial initiatives. Thus, new technologies, consumer expectations, companies’ international markets, regulatory requirements are key environmental by Costs current operations, presence division and/or manager responsible for achieving sustainability goals, investment attractiveness, profitability operations operational efficiency improvements drivers introduction management most influenced having units performance attractiveness costs operations. study lead conclusions need create specialized introduce pay attention employee their security order successfully achieve goals.