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Finance and Credit
 

The activities of financial institutions to advance ideas and practices in the area of social responsibility and sustainable development

Vol. 20, Iss. 29, AUGUST 2014

Available online: 4 August 2014

Subject Heading: Banking

JEL Classification: 

Pages: 15-22

Savina T.N. N.P. Ogarev's Mordovian State University, Saransk, Republic of Mordovia, Russian Federation
savinatn@yandex.ru

The article deals with the principles of social responsibility of business, and it also shows the leading role of financial institutions in the practice of realization of social responsibility and sustainable development. The paper considers responsible financing as one of the financial initiatives in the area of social responsibility and sustainable development. The author identifies the ways of realization of the principles of responsible financing, and she also reveals the reasons, which constrain the development of a project financing in Russia.

Keywords: social responsibility, sustainable development, financial institutions, responsible financing, Equator principles

References:

  1. Global'nyi dogovor [The global contract]. Available at: Link. (In Russ.)
  2. Korporativnaya sotsial'naya otvetstvennost': novaya filosofiya biznesa [Corporate social responsibility: a new business philosophy: a manual]. Vneshekonombank Publ., Moscow, 2011, p. 15.
  3. Nikonova I.A. Razvitie proektnogo finansirovaniya v Rossii [Development of project financing in Russia]. Sovremennye tekhnologii upravleniya – Modern technologies of management, 2012, no. 7. Available at: Link. (In Russ.)
  4. Savina T.N. Sotsial'no-ekonomicheskaya otvetstvennost' biznesa [Social and economic responsibility of business]. Available at: Link. (In Russ.)
  5. Savina T.N. Institut korporativnoi sotsial'noi otvetstvennosti kak innovatsionnyi sotsial'no orientirovannyi proekt [Institution of corporate social responsibility as an innovative socially-oriented project]. Natsional'nye interesy: prioritety i bezopasnost' – National interests: priorities and security, 2014, no. 2, p. 42.
  6. Sotsial'nye investitsii kompanii: zakonomernosti i paradoksy. Kapital strany [Social investments of a company: consistent patterns and paradoxes. Capital of a country]. Available at: Link. (In Russ.)

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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