CORPORATE APPROACHES TO MANAGING BUSINESS RESOURCES IN THE CONTEXT OF SUSTAINABLE ECONOMIC DEVELOPMENT

Abstract

The article examines the pressing scientific and practical issue of transforming corporate approaches to enterprise resource management in the context of sustainable development, driven by the depletion of natural resources, stricter environmental regulations, and growing investor demands for ESG transparency in business. In the face of global environmental challenges, dwindling resources, and stricter regulatory requirements for businesses, traditional linear models of resource use are becoming ineffective. Ukrainian enterprises are confronted with the need to transform their management approaches to resource use by integrating the principles of sustainable development, the circular economy, and social responsibility. However, there is a lack of systematic research that would synthesize corporate experience and propose practical models tailored to Ukrainian realities. The aim of this study is to provide a theoretical and methodological justification for corporate approaches to enterprise resource management based on sustainable development and to develop practical recommendations for their implementation. The object of the study is the processes of enterprise resource management in the context of the transition to a circular economy model. The theoretical foundation of the study consists of the concepts of sustainable development, the circular economy, and ESG management. The study employs general scientific methods: systems analysis – to determine the structure of resource flows; comparative analysis – to evaluate traditional and innovative models; and the method of scientific abstraction and logical generalization – to formulate conclusions. A three-level classification of corporate resource management models is proposed. Key implementation tools are systematized – methodological (Life Cycle Assessment, LCA), technological (IIoT, digital twins), and organizational (ESG committees, “green” procurement, internal carbon pricing). Major barriers and ways to overcome them are identified. The developed recommendations can be used by enterprises for the phased implementation of sustainable resource management, improving resource efficiency, and accessing “green” financing.