DOI: 10.18503/1995-2732-2022-20-2-140-147
Abstract
Problem Statement (Relevance).A conceptual basis of sustainable development is the triple bottom line framework of long-term stability of the environment, economic growth and social justice. An ultimate goal of sustainable development is to achieve a balance between environmental, economic and social sustainability. The problem of achieving sustainable development goals is that the current model of economic development and the relevant nature of production and consumption are not sustainable, because they do not provide an efficient and fair distribution of resources within and between generations, including social and economic activities within a final ecosystem. Objectives.The research is aimed at studying aspects of sustainable development at a corporate level of mining, metallurgical, power generating and other companies as the basis for achieving the goals of sustainable development of modern society. A methodological approach lies in generalizing the global goals of sustainable development and identifying aspects of sustainable development of an industrial company, namely three interrelated areas: economic, environmental and social sustainability. Originality. Sustainability of the company’s activities is assessed in terms of environmental and social acceptability, economic and social justice, economic feasibility and environmental viability. Result. The study identified particular indicators of economic, environmental and social sustainability of the company and criteria proposed to assess the level of economic development, environmental neutrality and social well-being within the company’s footprint. Practical Relevance. The authors developed a system of integral indicators, characterizing the level of sustainability of an industrial company in terms of a sustainable consumption of natural resources, minimizing the impact on the environment, ensuring equal rights and opportunities for all people and communities within the area of the company’s influence. To make a comprehensive assessment of the degree of integration of economic, environmental and social aspects in the decision-making process and efficiency of achieving the sustainable development goals of an industrial company, the authors proposed a company sustainability index.
Keywords
sustainable development, iron and steel company, economic sustainability, social sustainability, environmental sustainability, sustainability index.
For citation
Maiorova T.V., Ponomareva O.S., Pavlova I.E. Sustainable Development of Metallurgical Enterprises: Aspects, Criteria, Indicators.Vestnik Magnitogorskogo Gosudarstvennogo Tekhnicheskogo Universiteta im. G.I. Nosova [Vestnik of Nosov Magnitogorsk State Technical University]. 2022, vol. 20, no. 2, pp. 140–147. https://doi.org/10.18503/1995-2732-2022-20-2-140-147
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