Environmental capital disclosure under integrated thinking concept
Year: 2025
Type: article
Abstract: The article explores the concept of ecological capital as a component of integrated thinking in enterprise management, which contributes to sustainable development and increased business competitiveness. The aim of the work is to analyse ecological capital as a resource for effective enterprise management, to study its role in ensuring the environmental and economic sustainability of organizations, and to determine the prospects for integrating ecological capital into strategic business models. The article focuses on the importance of including natural resources and environmental aspects in the financial and non-financial reporting of enterprises. The article analyses external and internal challenges facing companies in the context of ecological capital, as well as tools and methods that contribute to its effective use, including integrated reporting, assessment of ESG factors, and analysis of relationships between different types of capital. The scientific novelty of the article lies in the development of theoretical approaches to the integration of ecological capital into management strategies, as well as in assessing the effectiveness of its use in the context of modern trends in sustainable development. The author suggests ways to improve it for enterprises that seek to improve their environmental and financial efficiency. The practical significance of the research results lies in recommendations for the implementation of integrated thinking at enterprises, which allows reducing environmental risks, increasing the investment attractiveness of companies and ensuring more sustainable use of natural resources. The results identified in the work can be used to optimize business processes, form new strategies and develop corporate standards in the direction of sustainable development. The main conclusions of the work confirm that the integration of environmental capital into corporate strategies not only contributes to sustainable business development but also ensures a reduction in environmental and social risks. The article also demonstrates the importance of systematic work with reporting and assessment of ESG indicators to achieve better results in this area.
Author: Zhanna Oleksich
Institution: Sumy State University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
Award: G4738654334
OpenAlex ID: W4411375029