Best Practices for Involving the Private Sector in Efforts to Accomplish National Development Goals
Russia has approved national development goals that aim to steadily increase the country’s population, boost people’s incomes, and grow the economy. In the current conditions, it is particularly crucial to consolidate the efforts of the government and business in this regard. Identifying, developing, and scaling the best practices of public-private partnership while taking world experience into account is extremely important. Companies in Russia are paying more and more attention to compliance with ESG principles. The green agenda and quality of corporate governance have already been broadly included in the corporate standards of Russian companies at various levels, although the components of social responsibility have not yet been developed particularly well. How can businesses be motivated to participate in achieving national goals? What changes need to be made to the government’s investment policy for this purpose? What kind of contents should the sovereign ESG model of sustainable development have for the state and corporations?
