Technological Integration of Environmentally Friendly Industries as a Factor of ESG Transformation

Lyudmila M. Davidenko, Alexander E. Miller and Ansagan N. Beisembina
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Lyudmila M. Davidenko: Toraighyrov University
Alexander E. Miller: Omsk Scientific Center of Siberian Branch of Russian Academy of Sciences
Ansagan N. Beisembina: Toraighyrov University

A chapter in Finance, Economics, and Industry for Sustainable Development, 2024, pp 367-376 from Springer

Abstract: Abstract The active phase of scientific research in the field of technological transformations and their impact on the socioeconomic development of complex systems occur due to the factor assessment of the place and role of large companies in the regions where they are located. Effective policy of companies forms the institution of stakeholders, due to the implementation of joint programs in the education system and health care, as well as increases the motivation of the population to environmental literacy. At the same time, ESG transformation determines the specificity of technological integration of integrated economic structures through the interconnection of processes at the level of industrial companies implementing environmentally friendly technologies and striving for a gradual energy transition. The aim of the study is to demonstrate the relationship between the fundamental approaches of ESG transformation of industrial companies and mechanisms of technological integration of cleaner production. For this purpose, synthesis and analysis methods are used, which help to assess the socioeconomic factors that influence the emergence of the main trends of industrial economic transformation due to effective ESG policies. The stated objective implies a comprehensive analysis of the factors of production and sales of products to establish technological linkages in the promotion of environmental branding, as well as the development of recommendations to the participants of green technological integration. The proposed approaches to the technological integration of environmentally friendly industries help to achieve sustainable development rates of economic entities that are in a single value chain, as well as business environment stakeholders from cross-border regions of partner countries.

Keywords: ESG transformation; Sustainable development; Technology integration; Industrial economics; “Green” economy; Environmental branding (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/978-3-031-56380-5_33

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