IMPACT-BUSINESS: CURRENT STATE AND PERSPECTIVES OF DEVELOPMENT IN UKRAINE

Abstract

The article raises the problem of the essence and fundamental aspects of impact business through the prism of impact investing and carrying out an ecological assessment of the environmental impact to achieve both financial and economic effects and socially significant and ecological effects. It is proven at the international level the effectiveness of the approach of impact business implementation as a new form of economic activity providing comprehensive synergistic results. The main principles of the implementation and development of impact business are highlighted, taking into account its main quality parameters, in particular economic, ecological, and social perspectives. The article shows that impact business organically helps establish project development in accordance with the environmental requirements. The purpose of environmental assessment and its main tasks are disclosed. The appropriateness of integrating environmental factors into economic incentives for the implementation of more attractive impact projects of a social and ecological direction is substantiated. The environmental impact assessment process is analysed as a consequence of stages such as screening, scoping, evaluation of alternatives, and determining the resulting impact. A system of indicators for assessing the environmental impact of the most important business parameters is characterized and prioritized in the whole management system. The basic principles of ecological assessment of the impact caused by business activities are substantiated. The structural elements of environmental management are worked out and its goals and stages of implementation are defined. An approach to embedding an environmental policy as a part of impact business is proposed. The specifics and objective necessity of impact investing at the current stage and in the process of post-war revival of the economy in order to achieve environmental, financial and social efficiency in the context of sustainable development and the European orientation are revealed. Several problems are identified for further study and special attention of all interested parties to achieve comprehensive social, environmental, and economic results.