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Liburkina L. M.

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The Bioeconomic Imperatives and ESG Conceptualization of Agrarian Enterprise Management
Petrukha N. M., Petrukha S. V., Yakymchuk A. V.

Petrukha, Nina M., Petrukha, Serhii V., and Yakymchuk, Anton V. (2026) “The Bioeconomic Imperatives and ESG Conceptualization of Agrarian Enterprise Management.” Business Inform 4:302–317.

Section: Agricultural Economics and Agribusiness

Article is written in Ukrainian
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UDC 631.1:338.43:502.131.1:005.35

Abstract:
The modern transformation of the agrarian sector of the economy is taking place under the conditions of strengthening regulatory requirements for corporate sustainability reporting, deepening European integration processes, increasing climate risks, and the need to transition from a linear resource-consuming model of management to a circular bioeconomy. Under these conditions, bioeconomic imperatives acquire significance not only as technological or environmental benchmarks but also as a methodological basis for ESG-oriented reconfiguration of agrarian enterprise management. The relevance of the study is determined by the need for a theoretical substantiation of such management approaches that ensure the combination of economic efficiency, environmental responsibility, social resilience, and transparency of corporate governance. The article argues that bioeconomic imperatives cannot be considered as an external addition to traditional agrarian management or as a set of separate environmental measures. They form the resource-content core of ESG transformation, as they encompass the management of by-product biomass, production waste, energy efficiency, soil capital, social impact, corporate responsibility, and the quality of managerial control. It is demonstrated that the transition of agrarian enterprises to an ESG-oriented management model requires not only the implementation of new technologies but also the creation of a system for quantitative accounting, monitoring, internal control, and non-financial information disclosure. The key institutional, financial, and organizational barriers to the ESG transformation of Ukrainian agrarian enterprises are identified, among which is the underdevelopment of the domestic market for bioeconomic products and bioenergy resources, high capital intensity of technological modernization, fragmentation of government incentives, insufficient coordination between public authorities and business, a shortage of specialists in the field of non-financial reporting, ESG auditing, and sustainable management, as well as the impact of wartime risks on investment activity. At the same time, the drivers of the respective transformation have been systematized, in particular European regulatory convergence, the establishment of corporate sustainability reporting, the development of green financing, the growth of the role of biomass as a decarbonization resource, and the strengthening of requirements for transparency in agri-food value chains. The scientific novelty of the study lies in substantiating the conversion circuit of the transformation of bioeconomic imperatives into ESG compliance and the investment capacity of an agrarian enterprise. The proposed approach reveals the logic of the transition from the internal bioeconomic redesign of business processes – accounting and processing of biomass, waste minimization, decarbonization, biologization of production, and strengthening corporate responsibility – to the formation of measurable ESG indicators, non-financial reporting, enhancement of investment attractiveness, access to green financing, and strengthening the competitiveness of agrarian enterprises in European markets. The practical significance of the obtained results lies in the formation of a conceptual basis for improving the strategic management of agrarian enterprises in the context of the transition to a circular bioeconomy, the implementation of ESG reporting standards, and the strengthening of requirements for environmental, social, and managerial transparency in the agrarian business.

Keywords: bioeconomy; management; ESG conception; ESG reporting; Sustainable Development Goals; socioeconomics; ecology; investments; greening of rural development mechanisms; agrarian sector of the economy; circular economy.

Fig.: 1. Tabl.: 4. Bibl.: 48.

Petrukha Nina M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Construction Management, Kyiv National University of Construction and Architecture (31 Povitrianykh Syl Ave., Kyiv, 03680, Ukraine)
Email: [email protected]
Petrukha Serhii V. – Candidate of Sciences (Economics), Associate Professor, Professor, Department of Transport and Logistics, West Ukrainian National University (11 Lvivska Str., Ternopil, 46009, Ukraine)
Email: [email protected]
Yakymchuk Anton V. – Postgraduate Student, National Scientific Center «Institute of Agrarian Economics» of NAAS of Ukraine (10 Heroiv Oborony Str., Kyiv, 03680, Ukraine)
Email: [email protected]

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