Industry-specific ESG performance: a comparative analysis of russian companies
DOI:
https://doi.org/10.37497/2965-7393.SDGs-Countries.v4.n00.21Keywords:
ESG Ratings, Industry-Specific Analysis, Russian Companies, Sustainable Development, Corporate GovernanceAbstract
Objective: This study assesses the impact of industry specifics on the ESG (Environmental, Social, and Governance) rating among Russian companies, highlighting the need for industry-specific evaluations in ESG performance.
Method: The research involves a detailed analysis of ESG ratings across different industries in Russia, examining how various industry characteristics influence these ratings.
Results: Findings indicate significant variations in ESG ratings influenced by industry-specific factors, suggesting that a one-size-fits-all approach to ESG assessment may not be effective.
Conclusions: The study concludes that industry-specific nuances are crucial in evaluating ESG performance, emphasizing the limitations of current ESG assessment methodologies.
Practical Implications: The insights from this study are valuable for rating agencies, companies, and investors focusing on sustainable development, advocating for tailored ESG assessments that consider unique industry characteristics, especially in the Russian context.
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