Problems of sustainable development of the enterprise

Abstract

Object: Undoubtedly, a multitude of factors affect the further dynamic development of an enterprise’s business model establishment. Businesses strive to provide non-financial information along with financial reporting. Nonfinancial information is reflected in integrated reporting. An integral part of integrated reporting is sustainable development report. Reporting indicators determine matters of sustainable development of an enterprise. This research paper demonstrates a set of issues enterprises deal with in the conditions of unstable environment, as well as countermeasures.
Furthermore, a number of different methods and approaches have been found to ensure sustainable development, along with which the ways of their rational application in practice are considered. Several factors influencing sustainable development are also demonstrated, each being studied and illustrated. On top of that, problems that arise when promoting sustainability management as one of the problems of sustainable development of an enterprise did not go unnoticed. A negligent approach to management and inefficient decision-making by an enterprise's management commonly leads to numerous problems. In addition, a literary review of foreign authors was made, and rational ways were shown to ensure the sustainable development of an enterprise.
The outcomes of the study on sustainable development report indicators of two large leading enterprises have been researched and reflected in this paper.
Methods: Social and other indicators from the report on the sustainable development of large enterprises of the country have been studied and calculations have been made on certain aspects.
Findings: Data on large enterprises in the country for 2022 reflect significant aspects of the company's social indicators, which will subsequently affect the sustainable development of the enterprise. The study of these indicators enables the company to make the right management decisions and identify weaknesses in development.
Conclusions: The main problems that arise during the sustainable development of an enterprise are highlighted, one of which is the rational use of technology in the course of sustainable development, ensuring occupational safety, high-quality disposal of environmental waste, timely adoption of various measures to prevent environmental disasters, protecting the interests of society, etc.