RuEn

Journal section "Environmental economics"

Developing a Model of Forest Enterprises Activities with the Prospect of Moving into Sustainable Development

Medvedev S.O., Zyryanov M.A.

Volume 17, Issue 2, 2024

Medvedev S.O., Zyryanov M.A. (2024). Developing a model of forest enterprises activities with the prospect of moving into sustainable development. Economic and Social Changes: Facts, Trends, Forecast, 17(2), 129–145. DOI: 10.15838/esc.2024.2.92.7

DOI: 10.15838/esc.2024.2.92.7

Abstract   |   Authors   |   References
The sustainable development concept is highly relevant in the modern scientific and applied agenda of country’s social and economic development. Russia has approved a number of programs for its active implementation. This is reflected in almost all branches of the economy. The forest industry is crucial in this context as it uses and restores wood, one of major resources for the planet’s ecosystems. The aim of the research is to develop a model for optimizing the activities of forest industry enterprises, taking into account the prospects of moving into sustainable development. The aim was predetermined by a necessity to design a means for supporting the idea of moving into sustainable development. The model includes a range of effects that impact the profit through the use of various resources. Forest enterprises activities concern a set of technical, economic, ecological and social aspects. The presented model helps to calculate the remaining profit available to the enterprise. It also covers crucial aspects such as competitiveness and efficiency, which are determined by the effects of social, ecological and economic nature. An important finding is the demonstration of the need and interest of forest enterprises to fulfill the existing restrictions imposed by stakeholders. The presented results may be valuable for researchers of the forest sector economy and to the industry in general; for the federal authorities to implement sustainable development programs and create industrial policy; for the heads of forest businesses to develop relevant strategies and plans

Keywords

sustainable development, profit, optimization, production factors, effect, restrictions, forest enterprise, model developing

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