THE RECOMMENDATIONS FOR CORPORATIONS IN PROMOTION OF ENVIRONMENTAL PROTECTION TAKING INTO ACCOUNT ENVIRONMENTAL LAW ASPECTS
Keywords:
environmental law, environmental protection, ESG investing, sustainability bonds, green economyAbstract
A study was conducted of the formation and use of the principles of environmental and legal regulation of sustainable development in the context of large-scale climate change and the transition from the “brown” economy model to the “green” economy model. The subject of the study is the general and special principles of environmental law and green economics.
Particular attention is paid to recommendations for corporations to promote environmental protection, taking into account aspects of environmental law.
The focus is on green bonds and their legal regulation, as well as ESG principles and standards. It is also considered that the fundamental legal basis for the transition to a “green” economy, and especially for corporations, will be general legal and ESG principles. The “green” agenda is becoming a tool for competition. Corporations are actively promoting the ESG concept, taking into account the Strategy for achieving carbon neutrality in the Republic of Kazakhstan until 2060.
