Methodological approach to economic analysis of agribusiness organizations based on ESG principles

The purpose of the study is to provide recommendations for developing a methodology for economic analysis of agricultural organizations based on ESG principles. The author applies general scientific approaches, including dialectics, methods of institutional analysis, general theoretical methods of analysis, synthesis, grouping, classification. The information and empirical base of the study rests upon the norms and standards in the field of integrated and non-financial reporting, the OECD-FAO Guidelines on Responsible Supply Chains in Agriculture, policy documents on the development of agro-industrial complex of the Russian Federation, reports of Russian agro-industrial complex organizations for 2020-2022 (RUIE, National Register), disclosing ESG indicators of their activities. As a result of the study, the conclusions confirm that unification of methodological approaches to economic analysis and the development of industry practices for the ESG formation metrics is required; there is a need to adapt domestic accounting and analytical system of agro-industrial complex organizations to ESG needs. The author proposes a methodological approach to economic analysis based on ESG principles, including clarification of the paradigm, addition of principles, methods of analysis, and offers a system of specific, sectoral indicators form non-financial reporting of agro-industrial complex organizations. The scientific novelty of the study lies in the development of a methodology for industry analysis for the purpose of managing sustainable development and forming non-financial reporting of agro-industrial complex organizations that have significant sustainable development potential and specific performance indicators. The implementation of the findings will make it possible to adapt the ESG metrics system, ideas about the disclosure of non-financial information to the needs of various institutions and improve the quality of management decisions in the field of sustainable development of agro-industrial complex organizations.