Development of the ESG-concept taking into account the specific functioning of AIC products market

The process of functioning markets for agricultural products is quite specific and largelyrelated to the need to achieve sustainable development goals. This, in turn, allows to consider scenarios for the development of the ESG concept. The purpose of the study is toanalyze the process and specifics of the functioning markets for agricultural products andpropose scenarios for the development of the ESG concept based on the identified features.The subject of the study is the markets for agricultural products. In the process of conductingthe study, scientific and methodological foundations for the analysis of modern scientificworks in the field of functioning agricultural product markets were used, which made itpossible to identify its trends and specifics. Their consideration and application of generalscientific methods of conducting research have led to the possibility of achieving the goal ofthe work. The functioning of the markets for agricultural products takes place in conditionsthat are constantly changing from an institutional point of view. This leads to institutionaltransformations of the structural components of the functioning of the markets in question,the effectiveness of which must be constantly improved. Hence there is a need to find toolsthat will allow it to be achieved. Current trends mean that institutional development ischaracterized by uncertainty, the external competitive advantages of agribusiness entitiesare unstable, the own funds of agribusiness entities are scarce, and, consequently, theirincome level and the development of production and technological potential are insufficient,which together form a set of key problems for the functioning markets of agro-industrialcomplex products. In addition, there is a dominance of large agricultural production in theagro-industrial complex, an outflow of the rural population, and a need for import substitution.All these circumstances caused the necessity to determine two stages (two scenarios) for thedevelopment of the ESG concept when creating regional and industry ESG ratings.