THE IMPACT OF GREEN INVESTMENTS AND ESG FACTORS ON THE ECONOMIC EFFICIENCY OF INDUSTRIAL ENTERPRISES

This study examines the impact of green investments and ESG (Environmental, Social, Governance) factors on the economic efficiency of industrial enterprises. The research adopts an integrated analytical approach that combines sustainability concepts with economic evaluation logic. It focuses on identifying how green investments influence cost structures, resource efficiency, and long-term financial performance, while ESG integration is analyzed as a broader framework shaping risk management and decision-making processes. The findings suggest that green investments contribute to gradual cost reduction, particularly through improved energy efficiency and optimized resource use. ESG factors, in turn, enhance economic performance by reducing operational risks, strengthening governance structures, and improving long-term stability. The results indicate that the economic benefits of sustainability are cumulative and become more significant as ESG practices are more deeply integrated into enterprise operations. Overall, the study demonstrates that sustainability-oriented strategies are not in conflict with economic efficiency, but rather support a more stable and resilient form of industrial development.