Implementation of the ESG Agenda in Moscow: Opportunities for Business

Stress Test for ESG: How the Sustainable Development Agenda is Transforming

Amid changing logistics and economic ties, the sustainable development (ESG) agenda has undergone a severe stress test. As the speaker notes, despite crisis phenomena, environmental, social, and governance initiatives have not only survived but transitioned from ambitious declarations to practical implementation. In particular, the climate agenda focuses on defining methods and resources to achieve carbon neutrality, while Russia is actively developing a regulatory framework for carbon markets and mandatory reporting.

Assessing the Achievement of Sustainable Development Goals in Moscow

Elena Belova analyzes in detail Moscow's experience in assessing the achievement of Sustainable Development Goals (SDGs). A pilot project was implemented jointly with the OECD, allowing international indicators to be adapted to urban realities. According to the study, Moscow has fully achieved six SDGs, exceeding the OECD average. However, areas such as ecology require further work, which is natural for a large metropolis.

Engaging Business: From Recommendations to Certification

A key challenge for the city is engaging businesses in the ESG agenda. Using the example of a company certification system currently under development, the speaker demonstrates how the city plans to incentivize entrepreneurs. It is planned that certified companies will be able to receive support measures — tax breaks, subsidies, and concessional lending — on more favorable terms. This benefits the city as it promotes the development of eco-friendly and socially responsible businesses.

The Role of Residents in Developing ESG Initiatives

The presentation examines in detail the issue of citizen participation in sustainable development. Although the Moscow Investment Portal is business-oriented, about 60% of proposals to improve the city's situation come from ordinary residents. This indicates a high level of public interest in environmental and social issues, although it requires further educational work on practical steps, such as waste sorting or resource conservation.

What you will learn from this webinar:

• How has the ESG agenda changed amid modern economic challenges?
• Which sustainable development goals have already been achieved in Moscow, and which require further work?
• How will the new ESG certification system for businesses in Moscow work?
• What benefits and preferences will companies adhering to sustainable development principles be able to receive?
• How do city residents influence the implementation of environmental and social initiatives?