Accounting and Analytical Management of Sustainable Business Development and ESG Management in Russia and East Asia

ABSTRACT

The current global economic environment demonstrates a high dynamic of global challenges, including the COVID-19 pandemic and a comprehensive recession, the consequences of which can be severe. This has raised interest in achieving the Sustainable Development Goals (SDGs) in terms of three aspects whether it is possible to achieve the SDGs after the 2020 recession, the main ways out of the recession based on achieving the SDGs, and the prospects for adapting the SDGs and ESG management to the current global realities. The Russian Federation and the People's Republic of China have substantial backlogs and significant interest in achieving the SDGs. The present study examines the methodological aspects of including indicators in the SDGs in terms of traditional and new indicators. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.