The role of ESG during the energy transition

DOI: 10.33917/mic-3.98.2021.45-56

The necessity of a multidimensional approach to the assessment of energy transition is considered. There is a growing trend towards abandoning investment in publicly traded oil and gas companies and the need for environmental and social management measures to introduce the concept of “sustainable” investments. Emphasis is placed on responsible investments in the oil and gas industry, taking into account factors of the environment, social and governance (ESG). The relationship between ESG, finance and economics is discussed. The results of the activities of oil and gas companies in the context of the ESG requirements are presented. Information on the capacities and volumes of renewable energy sources production by the largest companies has been systematized. The conclusion is made about the dominance of the climate change problem in the tasks of financial management.

On the Reasonable Nature Management in the Economy and Other Spheres of Human Activity

DOI: 10.33917/es-6.172.2020.122-129

The article dwells on a complex of issues related to rational use of natural resources. It is shown that development of the economy requires not only clear state goal-setting, serious technical and economic calculations, but also other types of substantiations. The cost of goods and services has not yet been thoroughly studied. Pricing in its entirity does not take into account material components that initially exist by nature and are created without human participation. The role of environmental factors in development of economic and other social sciences is revealed.

Environmental Aspect of Implementing Integrated Programs for Optimizing Local Energy in Russia by the Case of the Khabarovsk Territory

DOI: 10.33917/es-4.170.2020.134-141

Статья посвящена технологическим и экологическим эффектам реализации комплексной программы оптимизации локальной энергетики, сокращению выбросов CO2 при генерации энергии на дизельных электростанциях. Также рассмотрена возможность использования «зеленых» финансов как инвестиционного инструмента

On the development of the shadow economy in the field of migration

The article is devoted to the study of the problems of illegal migration and the use of migrant labor in the shadow sector of the economy. The author’s division of all labor migrants into three groups is given, according to income level, social status and specifics of the performed works. A large list of different sources consisting of statistical data, analytical reviews, scientific texts and journal articles has been studied. The dependence of poor sectors of the economy on cheap labor provided by labor migrants and, at the same time, the gradual and steady displacement of indigenous local residents by foreign workers in the labor market is shown. The authors come to the conclusion that it is impossible to build an economically developed state and a humane civilized society without solving the problems of illegal migration and its attendant shadow economy.

Disclosure of Environmental Reporting as a Tool to Improve Business Performance

#8. Ideas Change the World
Disclosure of Environmental Reporting as a Tool to Improve Business Performance

The article discusses the key features of environmental management. The author proposes a solution for investors and the public to obtain an understandable and compact assessment, the essence of which correctly reflects an objectively measured level of impacts on the environment and effectiveness of the applied technologies.

In Anticipation of Changes

#7. Connected Space
In Anticipation of Changes

Calculation data of the multifactorial “Strategic Matrix” model methodology showed stability of the relatively low value of Russia’s integral index. However, just such static character of the calculated indicator means an increase of problems in the Russian society, which is evidently shown by hard decline in social support for the authorities activities. Another reelection of V.V. Putin as the President of Russia did not result in prospects for a way out of the crisis in the minds of Russian citizens.

Ecology and Market Economy

#8. Hunting for Scientists
Ecology and Market Economy

Currently, humanity is concerned about two major issues: national security and economic development. At the same time environmental threat seems more distant and therefore less dangerous. In solving the problem of economic development a priority role remains with the market economy. The article notes the existence of a fundamental difference in the target objectives of business and environment: development of market economy and business does not meet the requirements of efficient nature management and environment and causes further environmental degradation. In this regard, there is a concern — if the society continues to develop only on the principles of market economy, it itself will speed up the arrival of a global environmental catastrophe.

Sweeping Dustunder the Rug

#5. To Understand. To Prevent. To Overcome
Sweeping Dustunder the Rug

When calculating the final integral index for the Russian Federation, determined according to the methodology of multifactor “Strategic matrix” model, the authors once again noted the low level of this indicator in 2015. It has not changed in comparison with the previous year. But in the factors context they have identified a tendency of compensating the key social indices lowering due to the growth of the secondary ones. Its presence is confirmed by opinion polls of the Public Opinion Foundation, that is, by how the Russians themselves assess changes in their daily life and the state of affairs in solving the problems they face.

«Green» Yablokov

#8. Some Time in Petrograd...
«Green» Yablokov

Alexey Yablokov is well-known as an active ecologist, member of the party “Yabloko”, where he heads the “Green Russia” faction. People say that the party was actually named after him, although he joined it much later. Not everyone knows that Alexey Vladimirovich is an outstanding scientist, a biologist with a worldwide reputation, corresponding member and counsellor of the Russian Academy of Sciences, as well as chairman of the Council for marine mammals that, by his own admission, are the love of all his life. We are not kings of the nature, Yablokov is sure, but only one of the numerous species living on the planet. While we are looking for intelligent life somewhere in the vastness of the Universe, other civilizations are existing beside us. Dolphins and whales, in his opinion, undoubtedly are their representatives. However, we are not absolutely ready for the contact with them. That’s probably why we do not manage to reach out to those who live much further.

“Social State” in Advance

#6-7. 100 Years of War: The Point of Beginning
“Social State” in Advance

As follows from the calculation of the integral indices of the RF subjects social potential, determined based on the multifactor model methodology called “Strategic Matrix of the RF region”, worked out by the Institute for Economic Strategies, the development of social conditions cannot be considered even and uniform. Good data is demonstrated in those three of the nine factors that are directly related to reanimation of economic growth in the country — these factors are “Employment”, “Living conditions” and “Crime”.