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Russian Enterprises in the Spring of 2022: Adapting to the New Wave of Sanctions and Views on the ESG Agenda

Author

Listed:
  • D. B. Kuvalin

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • Yu. V. Zinchenko

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • P. A. Lavrinenko

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • Sh. Sh. Ibragimov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The article analyzes the results obtained by a regular survey of Russian enterprises in the real sector conducted by the Institute of Economic Forecasting, Russian Academy of Sciences. The consequences of economic sanctions against Russia for enterprises are assessed. The views of enterprises on the desirable measures of anticrisis policy aimed at countering sanctions are outlined. Methods for adaptation to sanctions that are applied by the enterprises themselves are described. The opinion expressed by enterprises about the role of the state in the economy is presented. The situation with the investment activity of enterprises is considered. Data on the purchases of Russian and foreign equipment are given, as well as comparative assessments of the quality of this equipment. The views of Russian enterprises on the relevance of the climate agenda are presented, as well as their attitude to the ESG principles. The share of Russian enterprises that publish financial statements on risks associated with climate change as well as nonfinancial statements in the field of sustainable development is estimated. The proportion of enterprises that set themselves the goal of reducing their carbon footprint is revealed.

Suggested Citation

  • D. B. Kuvalin & Yu. V. Zinchenko & P. A. Lavrinenko & Sh. Sh. Ibragimov, 2022. "Russian Enterprises in the Spring of 2022: Adapting to the New Wave of Sanctions and Views on the ESG Agenda," Studies on Russian Economic Development, Springer, vol. 33(6), pages 697-706, December.
    • Handle: RePEc:spr:sorede:v:33:y:2022:i:6:d:10.1134_s1075700722060089
    DOI: 10.1134/S1075700722060089
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    References listed on IDEAS

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    1. D. B. Kuvalin & Yu. V. Zinchenko & P. A. Lavrinenko, 2021. "Russian Enterprises in the Spring 2020: Covid-19 Pandemic Reactions and Opinions on the Role of the State in the Economy," Studies on Russian Economic Development, Springer, vol. 32(1), pages 111-122, January.
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    Cited by:

    1. Kuzyk, M. & Simachev, Yu., 2023. "Strategies of Russian companies to adapt to the 2022 sanctions," Journal of the New Economic Association, New Economic Association, vol. 60(3), pages 172-180.

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