FORMATION OF A MECHANISM FOR THE SUSTAINABLE DEVELOPMENT OF AN INDUSTRIAL ENTERPRISE IN THE CONTEXT OF GEOPOLITICAL TRANSFORMATIONS

In the process of economic development of society, industrial production developed rapidly, which directly affected the environmental component. Therefore, the need to preserve the environment has become the most pressing issue. Focusing on the concept of sustainable development is of particular importance against the backdrop of ongoing geopolitical events. The global shortage of energy resources and environmental problems are becoming increasingly serious for industrial enterprises in the context of the worsening energy crisis, which requires the search for new and innovative solutions. Methodology. In the process of work, a systematic approach was used, methods of economic analysis and data synthesis in the form of tables and diagrams were used. Taken together, the methods used to write the dissertation determined the reliability of the economic analysis and conclusions. Degree of development. The structuring of business models focused on the integration of the principles of sustainable development was carried out by P. S. Ensin. Identifying the relationship between ESG performance disclosure and sustainability performance was reviewed by M. F. Al Sayegh, D. Zhang and B. M. Lucey. Based on the analysis, it was revealed that many studies have been devoted to the problem of sustainable development, but the issue of forming a mechanism for the sustainable development of an industrial enterprise in the context of geopolitical transformations has not been given due attention. Therefore, the article develops methods for managing and interacting with an industrial enterprise with various market entities. It has been determined that the economic development of an industrial enterprise is associated with efficiency and rational use of resources. An analysis of the degree of effectiveness of implementing the principles of sustainable development in industrial enterprises was carried out. A trend towards low environmental performance in various regions of the world has been discovered. It was found that social criteria increase in regions with high reserves of non-renewable natural resources, as well as in regions with outdated sustainable development initiatives, such as Asia. Therefore, against the backdrop of current problems, a systematic approach is presented that makes it possible to form and implement a mechanism for the sustainable development of industrial enterprises. The mechanism for sustainable development of an industrial enterprise makes it possible to take into account the influence of external and internal factors in conditions of heterogeneity. The proposed mechanism for the sustainable development of industrial enterprises is based on the selection of unique competitive advantages and has a number of distinctive features, taking into account the search for new directions of development, which will allow efficient and rational use of limited resources.

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