SUSTAINABLE DEVELOPMENT PRACTICES AND COMPANIES' POSITIONS IN GLOBAL RANKINGS: PECULIARITIES OF INTERRELATIONS ON THE EXAMPLE OF THE FOOD INDUSTRY
Анотація
The article examines the practices of implementing the concept of sustainable development in the context of maintaining and strengthening the positions of companies in world rankings. The study was conducted based on the data of the world's largest food companies. It was found that companies in the Food & Beverage segment most systematically implement social programs to use water resources, create decent working conditions, promote responsible consumption, and combat climate change. The positions of companies in the Forbes Global 500, World's Most Admired Companies, and ESG Risk Ratings were analyzed. It is noted that the integration of the principles of sustainable development into the practice of activity ensures the preservation of market positions and the level of corporate reputation of the enterprise. It has been determined that with an increase in the number of implemented Sustainable Development Goals, the level of risks of the enterprise's activities decreases.
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