ESG-Dependent Subsystems: Features of Audit and Identification of Reserves for Enhancing their Performance

Abstract

Presently, there is a heightened societal interest in ecological and social responsibility, particularly within the context of the proliferation of post-industrial societies. This phenomenon is attributed to the contemporary imperative placed upon companies to consider various intangible factors beyond mere economic metrics. The authors underscore that akin to the expanding influence of production factors that gradually impact organizational efficiency, the principles of ecological and social responsibility have become integral constituents of organizational development. This pertains to both their overall operations and the decision-making processes undertaken by external stakeholders.

Within the scope of this research, the authors delve into the principles of contemporary management approaches, encompassing the increasing incorporation of ESG (Environmental, Social, and Governance) audit agenda as an effective functional tool in enhancing the operational efficiency of economic entities. A meticulous analysis of the principles and tools within this audit domain is conducted, elucidating pertinent directions derived from a systematic examination of vectors and foundational aspects of resource conservation for the comprehensive support of key environmental components. The significance of ESG auditing in augmenting the credibility of corporate reporting is emphasized, as only a favorable environment, sustained by a systematic approach in management and control, new legal frameworks, additional financial resources, and on-site structures, facilitates the successful green transformation of all organizations earnestly adhering to it. The article further underscores the importance of this realm for national security and the stability of the populace's livelihood.