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Financial Analytics: Science and Experience
 

Public-private partnership as a driver for ESG development in the Russian Federation under uncertainty

ISSUE 4, DECEMBER 2025

Received: 22 May 2025

Accepted: 18 June 2025

Available online: 27 November 2025

Subject Heading: ECONOMIC AND STATISTICAL RESEARCH

JEL Classification: С12, Н54, Q01

Pages: 96-111

https://doi.org/10.24891/sccuwd

Sergei Yu. SKASYRSKII International Institute of Energy Policy and Diplomacy, Moscow State Institute of International Relations (University) of Ministry of Foreign Affairs of the Russian Federation (MGIMO University), Moscow, Russian Federation
sergeiskasyrsky@gmail.com

ORCID id: not available

Subject. This article discusses the relationship between the public-private partnership development and ESG in the subjects of the Russian Federation.
Objectives. The article aims to determine the interrelation between the level of development of public-private partnership in the subject of the Russian Federation and the ESG rating of this subject.
Methods. For the study, I used the methods of analysis.
Results. The article identifies the particularities of the development of public-private partnerships and ESG in Russia, presents a correlation matrix for ESG rating indicators calculated by the National Rating Agency, and for the rating indicators of regions in terms of the development level of public-private partnerships based on the Rosstat data.
Conclusions. The found moderate correlation between the two ratings, given the assumptions made, supports the hypothesis that the implementation of public-private partnership projects, which by their nature align with the principles of the UN Sustainable Development Goals, can improve the position of a Russian federal subject in the ESG ranking.

Keywords: ESG, public-private partnership, rating, sustainable development

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