Designing a business model for ESG transformation of industrial enterprises in the Republic of Kazakhstan

This study examines industrial development trends in the Republic of Kazakhstan in the context of global competition, scientific and technological progress, the need for sustainability, and the development of a "green" economy. It focuses on the transition of industrial enterprises to a business model that meets sustainability requirements. The objective of the study is to develop a business model that anticipates profit and profitability growth through ESG (environmental, social, and governance) factors. The study proposes an innovative business model that embraces new economic and organizational approaches. These include investment priorities in ESG factors, including platform-based greening of production and reengineering of the industrial enterprise's social and corporate systems. Management system reforms are proposed, focusing on the use of innovative organizational and management structures built on a process-based approach and effective interaction between business processes. A wide range of international ESG transformation standards are incorporated into the management reform. The study has both scientific and practical significance. Scientific data was obtained characterizing the trends in companies' transition to ESG principles and the problematic target areas of competitive advantage, contributing to the theoretical and methodological foundations of sustainable development. The practical significance of the study lies in the application of the business model in companies' operations, which will accelerate their transition to ESG principles and create conditions for sustainable development in the global competitive landscape. The results of the scientific study will be applied in the implementation of state industrial development policies at the macro- and mesoeconomic levels.

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