Системна основа впровадження комплаєнс-менеджменту як рамкова умова стійкого розвитку підприємств України
Year: 2024
Type: article
Abstract: The article delves into the crucial role of Compliance Management in achieving sustainability objectives, focusing on integrating environmental, social, and governance (ESG) criteria and Sustainable Development Goals (SDGs) into business operations. As globalization and regulatory complexities continue to grow, effective Compliance Management Systems are vital for mitigating financial risks, ensuring legal compliance, and promoting sustainable development. This study underscores the significance of empowering business leaders with the expertise and insight to implement and evaluate ESG and SDG initiatives strategically. It examines the experiences of European and Ukrainian organizations in Compliance Management and puts forward a roadmap for its adoption in Ukraine. By applying John Kotter's eight-stage model for organizational change, this study outlines a practical approach as a roadmap for integrating Compliance Management into Ukrainian enterprises, emphasizing the importance of collaboration between Ukrainian and EU higher education institutions to enhance compliance capabilities and drive sustainable economic growth.The eight-stage model of compliance management for sustainability takes into account such aspects of sustainable development as ensuring economic growth through decent work (SDG8), development with industrial development and innovation (SDG9), ensuring equity and responsibility for ethical and social standards within the enterprise (SDG16) and sustainable partnerships to achieve goals (SDG17). The successful experience of implementing the compliance approach with due regard for the sustainability of enterprise development is shown on the example of foreign organisations and enterprises. The proposed roadmap allows developing a strategy for implementing the compliance approach and gradually integrating the compliance management model for both enterprises and other organisations (educational, scientific, social, etc.) to achieve the sustainable development goals.It is shown that an integral part of the successful implementation of a compliance approach to achieving sustainability is the training of business leaders in ethical and social responsibility awareness, which requires the development of a certified course to obtain the relevant micro-qualification.
Authors: Anna Fomenko, Hanna Hrinchenko
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4400522880