E3S Web of Conferences (Jan 2024)

Sustainable growth of modern corporations as the major factor for ensuring strategic development

  • Romanova Natalia

DOI
https://doi.org/10.1051/e3sconf/202453105033
Journal volume & issue
Vol. 531
p. 05033

Abstract

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The article highlights some issues related to the topic of sustainable growth of modern companies. In general, this topic is quite broad and is not limited to the activities of companies. It is also about how to ensure sustainable growth in the global economy in the near future and in the long term. For this purpose, the states are joining their efforts to control harmful emissions into the atmosphere, ensuring clean seas and oceans, preserving forests from fires, etc. And if we bear in mind that without the direct participation of business -public and private -it is impossible to cope with this problem, then all companies should build their strategy in such a way as to contribute to this multifaceted programme. The article discusses modern concepts to ensure the growth of companies operating in a difficult economic and political environment. According to the given calculation algorithms, the indicators of sustainable and optimal growth of three Russian public joint stock companies, Severstal, NLMK, and MMK, are determined and evaluated for the period from 2019 to 2021.