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Methodology for measuring the sustainable development of Russian cities: ESG index of the VEB.RF

https://doi.org/10.55959/MSU0130-01056-58-1-11

Abstract

The article presents a methodology for analyzing the ESG efficiency of Russian cities. According to the authors, ESG assessment of cities is advisable not only when making management decisions, but also when choosing priority projects to improve the quality of life of residents. The purpose of the article is to test the methodology for determining priority projects needed for implementation in Russian cities, taking into account the ESG criterion, as well as to demonstrate a system for ranking cities according to ESG efficiency criteria. The article focuses on the comparison of existing ESG analysis tools of cities. The authors use the methodology of the ESG Index of the VEB.RF as the main tool. The advantage of this Index is determined by its focus on Russian cities. Open database also combines objective and subjective indicators. The article examines the ESG indicators of Yekaterinburg, Pskov and Taganrog. The authors demonstrate that programs for modernization and creation of urban electric transport systems and programs for the construction of social facilities most effectively stimulate the improvement of urban ESG environment and contribute to the sustainable development of Yekaterinburg, Pskov and Taganrog. The ESG rating of Russian cities is presented in the article.

About the Authors

A. V. Samokhin
VEB.RF
Russian Federation

Moscow



S. A. Myasnikov
HSE University

Moscow



References

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Samokhin A.V., Myasnikov S.A. Methodology for measuring the sustainable development of Russian cities: ESG index of the VEB.RF. Moscow University Economics Bulletin. 2023;(1):232-255. (In Russ.) https://doi.org/10.55959/MSU0130-01056-58-1-11

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ISSN 0130-0105 (Print)