Assessing risks and opportunities associated with ESG factorsin investment projects
https://doi.org/10.21285/2227-2917-2024-3-474-486
EDN: ZKPGWH
Abstract
Our aim was to investigate the influence of environmental, social, and governance (ESG) factors on risks and opportunities in investment and construction projects. The research methodology involved a review of scientific publications, both domestic and foreign, concerning ESG factors and approaches to their integration into investment projects. This allowed us to develop a step-by-step approach to assessing the impact of these factors on the risks and opportunities in investment construction projects. The proposed approach consists in identifying significant ESG aspects, carrying out a qualitative and quantitative analysis of the associated risks and opportunities, and establishing a system for managing ESG factors within a particular project. In addition, we developed a system of quantitative indicators for assessing ESG factors, allowing them to be taken into account when designing a financial and economic model of the project. Theoretical results related to the development of an algorithm for assessing the impact of ESG factors and the system of indicators for their quantitative measurement were obtained. It is concluded that the assessment and management of ESG factors play an important role in improving the sustainability and efficiency of investment and construction projects. Further research should be focused on the creation of industry standards and indicators for assessing ESG factors in the sphere of investment and construction, as well as on the improvement of tools for environmental funding of projects.
About the Authors
M. V. Matveeva
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Maria V. Matveeva, Dr. Sci. (Econ.), Professor, Professor of the Department of Real Estate Expertise and Management
Autor ID: 505831
83 Lermontov St., Irkutsk 664074
V. V. Peshkov
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Vitaly V. Peshkov, Dr. Sci. (Eng.), Professor, Director of the Institute of Architecture, Construction and Design, Head of the Department of Real Estate Expertise and Management
Author ID: 502473
83 Lermontov St., Irkutsk 664074
M. V. Kozma
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Maria V. Kozma, Postgraduate Student
Author ID: 1260584
83 Lermontov St., Irkutsk 664074
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Review
For citations:
Matveeva M.V., Peshkov V.V., Kozma M.V. Assessing risks and opportunities associated with ESG factorsin investment projects. Izvestiya vuzov. Investitsii. Stroitelstvo. Nedvizhimost. 2024;14(3):474-486. (In Russ.) https://doi.org/10.21285/2227-2917-2024-3-474-486. EDN: ZKPGWH
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