ISSN 2415-8453. Ukrainian Journal of Applied Economics and Technology. 2023. Volume 8. № 3.
171
УДК 631.1:334 [658.152]; JEL classification: G34, L10, Q01, Q13
DOI: https://doi.org/10.36887/2415-8453-2023-3-25
Воронько-Невіднича Тетяна Вікторівна,
кандидат економічних наук, доцент,
завідувач кафедри менеджменту
ім. І. А. Маркіної, Полтавськии
державнии аграрнии університет
Voronko-Nevidnycha Tetiana,
Candidate of Economic Sciences,
Associate Professor,
Poltava State Agrarian University,
https://orcid.org/0000-0003-2427-7218
Собчишин Віталій Миколайович,
кандидат економічних наук, Полтавськии
державнии аграрнии університет
Sobchyshyn Vitalii, Candidate of Economic
Sciences, Poltava State Agrarian University,
https://orcid.org/0000-0001-9230-2118
Носенко Владислав Олександрович,
здобувач вищої освіти, Полтавськии
державнии аграрнии університет
Nosenko Vladyslav, Graduate of Higher
Education, Poltava State Agrarian University,
https://orcid.org/0009-0007-7438-3461
Хрипко Антон Андрійович,
здобувач вищої освіти, Полтавськии
державнии аграрнии університет
Khrypko Anton, Graduate of Higher Education,
Poltava State Agrarian University,
https://orcid.org/0009-0004-3741-6998
Катрич Данило Андрійович,
здобувач вищої освіти, Полтавськии
державнии аграрнии університет
Katrych Danylo, Graduate of Higher Education,
Poltava State Agrarian University,
https://orcid.org/0009-0001-2031-108X
IMPLEMENTATION OF ESG PRINCIPLES IN THE FUNCTIONING OF AGRI-FOOD ENTERPRISES
IN THE CONTEXT OF ENSURING CAPITALIZATION STRATEGY
ІМПЛЕМЕНТАЦІЯ ESG-ПРИНЦИПІВ У ФУНКЦІОНУВАННЯ ПІДПРИЄМСТВ
АГРОПРОДОВОЛЬЧОЇ СФЕРИ В КОНТЕКСТІ ЗАБЕЗПЕЧЕННЯ СТРАТЕГІЇ КАПІТАЛІЗАЦІЇ
Воронько-Невіднича Т. В., Собчишин В. М.,
Носенко В. О., Хрипко А. А, Катрич Д. А.
Імплементація ESG-принципів у функціону-
вання підприємств агропродовольчої сфери в
контексті забезпечення стратегії капіталі-
зації. Український журнал прикладної економі-
ки та техніки. 2023. Том 8. № 3. С. 171 – 176.
Voronko-Nevidnycha T., Sobchyshyn V.,
Nosenko V., Khrypko A., Katrych D.
Implementation of ESG principles in the
functionning of agri-food enterprises in the
context of ensuring capitalization strategy.
Ukrainian Journal of Applied Economics and
Technology. 2023. Volume 8. № 3, рр. 171 – 176.
This research aims to analyze the features of the application of ESG principles in the functioning of agri-food enterprises in the
context of ensuring the capitalization strategy and determining further prospects. The research used the following methods:
abstract-logical and synthesis, graphing; monographic, and generalization. It was found that the capitalization of business
entities is the indicator that shows the efficiency of their use of resources and points to prospects and opportunities for
development. Accordingly, an increase in the enterprise's capitalization arouses the interest of investors and, thereby, expands
its financial prospects. In addition, the increase in the value of the enterprise will contribute to the growth of equity capital.
The strategy of managing the market capitalization of agri-food enterprises needs implementation and ensuring the concept
of sustainable development and corporate social responsibility. It has been studied that the increased demand for ESG forces
organizations to consider the principles of sustainable development. Attention is focused on the main reasons for the increased
demand for ESG for business entities in modern conditions. In particular, the transition to ESG principles and adherence to
them in agri-food enterprises ensures the satisfaction of the interests of all stakeholders. The image and business reputation
of the enterprise becomes an intangible asset that brings additional benefits, including financial ones. As a tool for increasing
the market capitalization of an agri-food enterprise, ESG investments should be aimed at effective reputation management
and receiving benefits from creating a high-quality corporate image and business reputation. The agri-food sphere was one of
the first to feel the consequences of martial law in Ukraine. The war forced agrarians to become food security guards. It was
found that the full-scale war in Ukraine forced domestic business entities to reorient their sustainable development programs.
If earlier agricultural formations were invested in projects of reduction of emissions into the environment, waste management,
implementation of ESG principles in strategies of managing market capitalization, and sustainable development of the
enterprise as a whole, now most of the funds are directed to support the military, various humanitarian programs, as well as
programs for finding alternative fuel and energy resources, ways to save electricity and implement alternative sources of
energy, etc. In addition, several initiatives are aimed at rebuilding the stricken regions, considering "green" standards. The
preservation of the European vector of Ukraine's development and the prospect of a joint open market, which requires
investments in developing relevant business processes and standards from domestic business entities in the agri-food sphere,
was confirmed. The nature of future investments in the country's reconstruction will consider ESG components, forcing
agricultural formations to adjust and adapt products (services) and processes to new requirements.
Keywords: management, enterprise, agri-food sphere, ESG principles, strategy, market capitalization, sustainable development.
Метою цього дослідження є аналіз особливостей імплементації ESG-принципів у функціонування підприємств
агропродовольчої сфери в контексті забезпечення стратегії капіталізації та визначення подальших перспектив.
© Воронько-Невіднича Тетяна Вікторівна, Собчишин Віталій Миколайович,
Носенко Владислав Олександрович, Хрипко Антон Андрійович, Катрич Данило Андрійович, 2023