FINANCIAL ASPECT OF IMPLEMENTING THE CONCEPT OF SUSTAINABLE DEVELOPMENT

An important element in strategic and operational planning, as well as in determining the positioning of an enterprise in market conditions, is an assessment of the sustainable development of companies. A sufficient level of assessment and forecasting of financial and economic indicators allows enterprises to identify key elements and opportunities for implementing the concept of sustainable development, which nowadays is a necessary and fundamental component and the basis for improving the efficiency of functioning. The article demonstrates an analysis of methods for assessing the financial and economic component of sustainable development. The authors are focused on the financial sector of the Environmental, Social, and Governance approach, as well as on the comparison of the author’s sustainable development methods as the most important component of the functioning of a modern enterprise.