Subject. The article analyzes the latest changes and trends in the regulation of sustainable development reporting in the Russian Federation. Objectives. The study is aimed to review the Russian regulatory framework for organizing and reporting on sustainable development in the context of expanding the agenda of the Sustainable Development Goals, consider the key aspects of sustainable development reporting in the Russian jurisdiction, including new requirements, methods of measuring effectiveness reflected in guidance documents of Russian regulators. Methods. The study employs general scientific research methods, like detailing, generalization, analysis, synthesis, and description. Results. The regulation of the process of reports on sustainable development preparation is being transformed in response to the changing market conditions and emergence of global reporting standards. The current state of regulatory practice is characterized by the lack of legislative consolidation of the obligation to prepare reports, which complicates the process of data comparability of these organizations demonstrating a responsible approach to business. I analyzed the approaches of the Bank of Russia and the Ministry of Economic Development of the Russian Federation to take into account ESG factors in the formation of the reports. Conclusions. The fragmented regulation of the preparation process of reports on sustainable development is caused by the absence of a single legal instrument of mandatory application, the existence of internal initiatives of regulatory authorities aimed at improving the reporting practices of economic actors who chose a sustainable development vector.
Keywords: non-financial reporting, sustainable development reporting, regulation, standard of the Ministry of Economic Development of the Russian Federation
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