Aim. The presented study aims to investigate international best practices and prospects for improving sustainable business development management based on the principles of social and environmental responsibility in the context of the digital transformation of the Russian economy.Tasks. The authors analyze the modern Russian experience, model international best practices, and determine the prospects for improving sustainable business development management based on the principles of social and environmental responsibility in Russia in the context of the digital transformation of the economy.Methods. The scale of the results of sustainable business development in 2022 and the favorability of management factors in Russia are determined in comparison with the global average values of the corresponding indicators. A regression dependence of the results of sustainable business development management on the factors of responsible management and high-tech management is established. It is predicted that the results of sustainable business development management will change if the influence of high-tech management factors is optimized.Results. It is revealed that high-tech management factors make a greater contribution to the results of sustainable business development management based on the principles of social and environmental responsibility compared with responsible management factors. Based on this, a new approach to sustainable business development management based on the principles of social and environmental responsibility is proposed. The new approach relies not only on human resources and entrepreneurial ability, but also on technological resources. This is achieved with the help of high-tech management based on digital technologies.Conclusions. The new approach to sustainable business development management proposed in the study, which is based on high-tech management, is recommended for practical application in modern businesses to increase the effectiveness of corporate social and environmental responsibility. This will make it possible to further increase the environmental efficiency of the Russian economy by 71%, the quality of life by 66.44%, and the sustainable development index by 10.82%.
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