РОЛЬ ЗЕЛЕНОГО УПРАВЛЕНИЯ В ОБЕСПЕЧЕНИИ УСТОЙЧИВОГО РАЗВИТИЯ КОМПАНИИ
Over the last few years the issue of sustainable development has become increasingly important in the world. Global demand for environmentally friendly products and services, such as healthy lifestyles (green buildings, organic products, eco-tourism), alternative medicine and personal growth, is growing every year. According to experts this is one of the fastest growing markets in the world economy. One key condition for the transition to sustainable development is the formation of a “green economy”. According to the definition given in the reports by the United Nations Environment Programme, a “green economy” is one that enhances the welfare of the people and ensures social justice and thus significantly reduces environmental risk and degradation. The concept of "green management" inextricably linked with the "green" economy" is not thoroughly and exhaustively disclosed in the modern literature. Using the methodology of historical research, this paper proposes a consistent disclosure of the term. The empirical method revealed the impact of environmental information disclosure on the financial statements and decision-making by managers in relation to environmental cost management.
The article contains the analysis of the development trends in foreign corporate reporting, and on the authors' opinion, Corporate Social Responsibility reflected in the corporate reporting now goes mainstream worldwide. Such integrated reporting, including financial and non-financial component, is now in the focus of interest and therefore requires standardization and significant enhancements in the area of relevance and reliability. This calls for creation of integrated reporting framework, making mandatory reporting on these issues not only desirable but inevitable. This article contains the most recent definitions of corporate social responsibility, reporting on sustainable development and responsible investor, who factors the reporting data in the investment decision making. Authors perform an analysis of recent activities of the international and intergovernmental organizations involved in the process of creating regulatory regime of sustainability and integrated reporting, as well as recently published in 2010 research studies and reports by intergovernmental organizations as well as independent consultants.
Following the notion of environmental footprint international environmental comunity detalised notions of specific environmental media footprints, including carbon and water footprints. The article is devoted to major aspects of carbon balances and problems of attaining carbon neutrality, as well as issues of certification of Russian companies according to existing international standards. It also relates to issues of voluntary carbon reporting, corporate social responsibility of companies, standardization of water footprint, national accounts as the basis for formulation and adoption of sustainable and sound strategies in the field of water resource management for further development of water sector of the Russian Federation
In this Chapter the author analyzes the process of formation of the regulatory foundations of occupational safety and health on the international level and in Russia, including the historical context, contemporary conceptual approaches to its regulation, its relation to the relevant international standards, peculiarities of the governmental policy in the field, corporate regulatory initiatives and respective pressing problems.
International Scientific and Practical Confernce "Green economy is the future of humanity" is aimed at finding solutions to create stable and efficient model of economy; the basis for such economy model is the country's trasfer to the stabl path of development.
The particularities of American political system impede the progress of US climate change regime at the federal level. The only possible way to create the comprehensive system of climate change regulation in the USA is thereby the bottom-to-up scheme proceeding from the diverse green initiatives at the level of firms, communities and states.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.