INVESTING IN HUMAN CAPITAL DEVELOPMENT THROUGH THE PRISM OF ESG FACTORS: THE CASE OF PHOSAGRO

The ESG concept, which covers environmental, social and governance aspects, has become an integral part of the strategies of various industries, including agriculture. One of the key factors influencing the successful implementation of ESG principles is human capital, which includes the knowledge, skills, experience and health of workers who play a key role in ensuring sustainable growth and development of agriculture. The purpose of the article is to identify and analyze the measures taken in an agricultural organization and aimed at meeting the main sustainable development goals (SDGs). In the process of writing the publication, the methods of foresight analysis, bibliometric method, case method, analysis and synthesis were used. The author examined the key initiatives and programs of PJSC PhosAgro aimed at career guidance, advanced training, improving working conditions and supporting employees, as well as the extent of their impact on the corporate culture and overall results of the organization. Particular attention is paid to the analysis of the relationship between investments in human capital and the company's sustainability in the long term. The author concludes that compliance with ESG principles in agriculture gives the organization a significant competitive advantage for agricultural producers. Inclusion of ESG factors in non-financial reporting helps to increase transparency and trust on the part of financial institutions, which in turn opens access for agricultural producers to more favorable lending conditions and attracting investment.

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