Modern approaches to the interpretation of the company’s sustainable development

This article outlines the specifics of the transition of companies to a new path of development that ensures a balanced economy and ecology, which will prevent the destruction of civilization under the influence of the environmental crisis. The factors of the concept of sustainable development are considered. As a result, the author concludes that the use of traditional economic indicators and management methods, these methods may not be sufficient to successfully resist the challenges that arise in the context of globalization. To ensure the stable development of the enterprise and effective management in a modern dynamic environment, a transition to new management concepts is required.