Berezhna M. Environmental responsibility of business entities in the system of sustainable development of the region

Abstract

The article is devoted to the analysis of the role of ecological responsibility of business entities in the activity of local communities and in the sustainable growth of the region. It is stressed that mechanism for implementing environmental development strategies needs more deep researches, especially in the Dnepropetrovsk region. A list of tools for implementing a consistent environmental responsibility of businesses in the region is given. The main levers to stimulate environmental responsibility are such tools as environmental insurance, environmental auditing, economic and financial arrangements, and improvement of the licensing system for usage of natural resources. The article emphasizes that the purpose of local environmental management is not only the performance of formal ecological and economic functions, but also creating and maintaining the functioning of the informal system of local environmental initiatives and environmental authorities. Also the need to strengthen coordination and cooperation of local institutions with international bodies and local authorities, the private sector and community groups is stressed. The materials of the article allow formulating the direction of supporting social, including environmental, responsibility of regional authorities and local communities. Research results create necessary background for the further system study of the problem of forming ecological responsibility of enterprises and its systematic realization. Recommendations for the development of these processes are given