Ensuring sustainable development of enterprises in the conditions of digital transformations

Maryna Demianchuk, Viktor Koval, Volodymyr Hordopolov, Valentyna Kozlovtseva, Dzintra Atstaja

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Modern enterprises are dynamically developing due to the fourth industrial revolution, contributing to the introduction of innovative infocommunication technologies in most business processes, thereby shaping and developing the digital economy. The aim of the article is to substantiate the concept of sustainable development of enterprises in the context of digital transformations. The theoretical and methodological foundations of sustainable development at different levels of the hierarchy have been determined. The concept of sustainable development of enterprises has been developed, the implementation of which is aimed at harmonizing the economic, environmental and social activities of the enterprise. The stages of the process of implementing the concept of sustainable development of enterprises are highlighted, providing for the justification of an inert, neutral, progressive or forced vector. Ensuring the implementation of the concept of sustainable development is expected through the use of applied models, in particular, the implementation of a parametric model of joint deployment of enterprise infrastructure with other infrastructure facilities in economic activity, taking into account technical, geographical, organizational and socio-economic factors to strengthen financial stability; building a model for ensuring a balanced balance between economic efficiency and environmental and social responsibility of an enterprise using a mechanism for managing transformation processes in the process of transition to sustainable development in the context of digitalization.
Original languageEnglish
Title of host publicationSecond International Conference on Sustainable Futures: Environmental, Technological, Social and Economic Matters (ICSF 2021)
Volume280
DOIs
Publication statusPublished - 30 Jun 2021
Externally publishedYes
EventSecond International Conference on Sustainable Futures: Environmental, Technological, Social and Economic Matters - Kryvyi Rih, Ukraine
Duration: 19 May 202121 May 2021

Publication series

NameE3S Web of Conferences
PublisherEDP Sciences
ISSN (Print)2555-0403

Conference

ConferenceSecond International Conference on Sustainable Futures: Environmental, Technological, Social and Economic Matters
Abbreviated titleICSF 2021
Country/TerritoryUkraine
CityKryvyi Rih
Period19/05/2121/05/21

Field of Science*

  • 5.2 Economy and Business

Publication Type*

  • 3.2. Articles or chapters in other proceedings other than those included in 3.1., with an ISBN or ISSN code

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