Application of environmental, social and governance practices in agriculture

The purpose of the study was to conduct a comparative analysis of the features of applying Environmental, Social, Governance practices to ensure sustainable development of the agricultural sector in Sweden, the Netherlands, Germany, and the Kyrgyz Republic. The comparison was conducted using the met...

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Main Authors: Dzhamilia Sakkaraeva, Akasbek Abdurashitov
Format: Article
Language:English
Published: Zhytomyr National Agroecological University 2024-12-01
Series:Наукові горизонти
Subjects:
Online Access:https://sciencehorizon.com.ua/en/journals/tom-27-12-2024/zastosuvannya-ekologichnikh-sotsialnikh-ta-upravlinskikh-praktik-u-silskomu-gospodarstvi
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author Dzhamilia Sakkaraeva
Akasbek Abdurashitov
author_facet Dzhamilia Sakkaraeva
Akasbek Abdurashitov
author_sort Dzhamilia Sakkaraeva
collection DOAJ
description The purpose of the study was to conduct a comparative analysis of the features of applying Environmental, Social, Governance practices to ensure sustainable development of the agricultural sector in Sweden, the Netherlands, Germany, and the Kyrgyz Republic. The comparison was conducted using the metrics of the International Financial Reporting Standards and the Sustainability Accounting Standards Board. It was found that Sweden has the highest standards in the European Union for the use of renewable energy and social equity, the Netherlands leads the sector in the use of circular economy, and Germany is a model of efficient use of renewable energy in various sectors of the economy. These achievements have been made possible by the countries’ engagement in cross-border cooperation aimed at equitable and fair distribution of funds, attracting young professionals and promoting innovation in the agricultural sector. These initiatives contribute to the gradual transition to organic agriculture, the share of which in the member countries of the Union will be increased to 30% by 2030. In contrast to the above countries, the Kyrgyz Republic is at the very beginning of the path to managing the agricultural sector taking into account Environmental, Social, Governance-standards. The country's development on this path is hampered by insufficient economic, human, and information resources necessary for the transition from extensive to intensive agriculture. Development will be facilitated by the country's participation in international projects aimed at introducing Environmental, Social and Governance practices in the agricultural sector, attracting young specialists and supporting innovation processes at the national and regional levels. Wide implementation of Environmental, Social, Governance-principles can be used for the development of the agricultural sector of the Kyrgyz Republic, which is the subject of this study
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spelling doaj-art-bc68153c32c447688595d3fe9ec082232025-01-30T15:19:11ZengZhytomyr National Agroecological UniversityНаукові горизонти2663-21442024-12-01271211612710.48077/scihor12.2024.116Application of environmental, social and governance practices in agricultureDzhamilia Sakkaraeva0https://orcid.org/0009-0000-6706-5798Akasbek Abdurashitov1https://orcid.org/0009-0009-1686-2119Diplomatic Academy of the Ministry of Foreign Affairs of the Kyrgyz RepublicDiplomatic Academy of the Ministry of Foreign Affairs of the Kyrgyz RepublicThe purpose of the study was to conduct a comparative analysis of the features of applying Environmental, Social, Governance practices to ensure sustainable development of the agricultural sector in Sweden, the Netherlands, Germany, and the Kyrgyz Republic. The comparison was conducted using the metrics of the International Financial Reporting Standards and the Sustainability Accounting Standards Board. It was found that Sweden has the highest standards in the European Union for the use of renewable energy and social equity, the Netherlands leads the sector in the use of circular economy, and Germany is a model of efficient use of renewable energy in various sectors of the economy. These achievements have been made possible by the countries’ engagement in cross-border cooperation aimed at equitable and fair distribution of funds, attracting young professionals and promoting innovation in the agricultural sector. These initiatives contribute to the gradual transition to organic agriculture, the share of which in the member countries of the Union will be increased to 30% by 2030. In contrast to the above countries, the Kyrgyz Republic is at the very beginning of the path to managing the agricultural sector taking into account Environmental, Social, Governance-standards. The country's development on this path is hampered by insufficient economic, human, and information resources necessary for the transition from extensive to intensive agriculture. Development will be facilitated by the country's participation in international projects aimed at introducing Environmental, Social and Governance practices in the agricultural sector, attracting young specialists and supporting innovation processes at the national and regional levels. Wide implementation of Environmental, Social, Governance-principles can be used for the development of the agricultural sector of the Kyrgyz Republic, which is the subject of this studyhttps://sciencehorizon.com.ua/en/journals/tom-27-12-2024/zastosuvannya-ekologichnikh-sotsialnikh-ta-upravlinskikh-praktik-u-silskomu-gospodarstvisustainable developmenteconomic developmentsocial developmentenvironmental developmenttransboundary cooperationinnovations
spellingShingle Dzhamilia Sakkaraeva
Akasbek Abdurashitov
Application of environmental, social and governance practices in agriculture
Наукові горизонти
sustainable development
economic development
social development
environmental development
transboundary cooperation
innovations
title Application of environmental, social and governance practices in agriculture
title_full Application of environmental, social and governance practices in agriculture
title_fullStr Application of environmental, social and governance practices in agriculture
title_full_unstemmed Application of environmental, social and governance practices in agriculture
title_short Application of environmental, social and governance practices in agriculture
title_sort application of environmental social and governance practices in agriculture
topic sustainable development
economic development
social development
environmental development
transboundary cooperation
innovations
url https://sciencehorizon.com.ua/en/journals/tom-27-12-2024/zastosuvannya-ekologichnikh-sotsialnikh-ta-upravlinskikh-praktik-u-silskomu-gospodarstvi
work_keys_str_mv AT dzhamiliasakkaraeva applicationofenvironmentalsocialandgovernancepracticesinagriculture
AT akasbekabdurashitov applicationofenvironmentalsocialandgovernancepracticesinagriculture