Sustainable Development of an Enterprise Under Industry 4.0 Conditions

Abstract

The article analyzes the existing methodological approaches to the definition of sustainable development at the macro and micro levels. It is proved that a single method for determining the level of sustainable development of the state does not exist. However, according to the analyzed approaches, the leaders in sustainable development are highly developed countries. Their income is enough to ensure economic well-being, as well as to develop the social and environmental component. It is proved that in spite of the existence of a single standard for the compilation of non-financial reporting on the sustainable development of enterprises, there is no mechanism for developing a strategy for their sustainable development. It is proposed to use the tools of Industry 4.0, which allow to optimize the economic and environmental components of the sustainable development of enterprises. The social component requires further study in the context of the implementation of Industry 4.0.