Mechanism of Sustainable Development of Business Entities in the System of International Economic Relations

The purpose of the article is to substantiate an integrated approach and to develop a mechanism for sustainable development of business entities in the system of international economic relations based on the practical experience of implementing the concept of sustainable development in the activities of business structures and the strategy of development of the national economy of countries of the world to address economic, environmental and social issues. As a result of the scientific research on the development of a mechanism for its implementation in modern conditions, the authors conclude that it is expedient to build it on the basis of the existing system of international economic relations. Through international organizations dealing with socioeconomic and environmental issues, they contribute to controlling the level of harmful substances in the environment, ensure growing incomes and improving living conditions in the poorest countries, and create the basis for progressive changes in resource and energy conservation, education, and science for the conscious use of natural resources and conscious consumption of goods.