The global trends demonstrate that the environmental and social issues need serious concerns of business and investment societies. This article focuses on the importance of corporate social responsibility (CSR) within the hospitality and tourism industry in Russia. Over the recent several decades, this industry has observed significant changes in business environment that have stressed the role of corporate social responsibility. Recent researches have shown that CSR may determine a company's long-term success and profitability. There are different approaches to explain the nature of CSR influence on the internal and external processes of hospitality and tourism. The article examines the issues related to the best practices of socially responsible corporate behavior of international companies in the Russian tourism sector. These companies have contributed many efforts and resources in solving the environmental and social issues through their CSR policies and make their brand well known. Their best practices can be very useful for the Russian companies in hospitality and tourism to implicate different CSR policies, plans and strategies and having positive results.
This paper analyzes the tourism management regarding sustainability of eight Russian regions and discusses the possibility of implementing the principles of sustainable tourism development in a particular region using the performance criteria of the Global Sustainable Tourism Council (GSTC). The goals of this paper are to focus on sustainable tourism development as a function of destination management and discuss the problems of the integrated efforts of Destination Management Organizations (DMOs) in the field of tourism and destination sustainability.
The idea of this paper is to develop an understanding of the impact investing industry in Russia. At this stage of the impact investing development in Russia, such research is timely and important task for its further growth and promotion. It is essential aim to analyze impact investing prospects in the tourism sector and perform comparative analysis of investment between different sectors of the economy and countries in the field of impact investing. This research is intended to contribute as a view to future impact investment to develop these trends in Russia. The key issues studied include the current trends and challenges in impact investing in Russia and ways of the expansion the favorable ecosystem for the impact investing industry in the country.
The idea of this paper is to focus on the trends of the impact investing industry worldwide. At this stage of the impact investing development in the international scale such researches are crucial steps for its further growth and use in the different industries. It is essential aim to analyse impact investing potential in the sports and healthcare sectors. In addition, an interesting area of research is the comparison of metrics for evaluating the effectiveness of impact investing and sports and healthcare. The key issues studied include the actual trends and challenges in impact investing system and recommendations for improvement of the impact investing ecosystem.
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