IMPLEMENTATION OF SUSTAINABLE DEVELOPMENT IN CORPORATE GOVERNANCE

The author examines the specifics of the national sustainable development agenda (ESG factors) in the context of corporate governance. The relevance of the presented article is due to the continued expansion of the corporate goals of the business company and the emergence of new problems along the way that require immediate solutions. It is not only about the exclusivity of profit-making, but also about taking into account the interests of stakeholders (in particular, investors, management, employees, consumers, local communities). The interests of a business company should not be separated from the interests of the founder (shareholder). The owner, by virtue of his special legal status, has the authority to promote a pro-social business development strategy. Strategic documents may contain provisions defining the goals of sustainable development of an economic society. The estoppel rule is being considered in order to coordinate the actions of the management and the founder (shareholder). A motivation program with a focus on taking into account a group of stakeholders will bring their interests and the interests of the owner closer together in the long term.