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It is widely acknowledged, that the consequences of the coronavirus crisis have increased the impact of the concept of sustainable development on the world economy. Statistical indicators evidence this. Among other things, an obvious trend in global stock markets is the shift in the focus of institutional and individual investors from profit-oriented investment in favor of socially responsible one. Demand for all “green” products stock market is constantly growing, ahead of the proposal. This, in turn, leads to an increase in the market value of the company. It is evident that compliance with the ESG criteria creates value. The paper analyzes the influence of conscious consumption trends on the stock market. The presence of the relationship between ESG factors and the market value of the company has been substantiated. On the example of a portfolio of “green” bonds demonstrates the effect of “green halo.” The main scientific problems in the area under study and the direction of further research are formulated. The potential of deliberate investment to create additional value for Russian enterprises has been determined.

The beginning of the 21st century saw the development of digital technologies due to the information revolution and globalization processes. Information has become a principal resource in the society and business processes. A person can transform it into knowledge and social and economic relationships are migrating into the network space. The digital culture is a key factor of the digital transformation. Comprehensive introduction of state-of-the-art digital technologies is one of the growth areas for the economy as they change business processes, communications and the social sphere and, as a result, create the new “digital” culture. The authors of this paper focus on the fact that in the nearest future the majority of technologies will be developed at the intersection of various interrelated industries, from 3D printers to cloud computing and mobile applications. The paper also explores the ways various governments deal with the changes resulting from the digital economy and the costs they incur to arrange the interaction of citizens with public authorities using various digital technologies. These and other factors make the article relevant. The subject matter of the paper is digital technologies, which are crucial for Russia’s economic development. The goals include the research of the state of the digital economy in Russia and in the world, analysis of the digital economy program as a priority for the country’s economic development and determination of the economic digitalization prospects. The research is based on such methods as examination and generalization, analysis and synthesis, as well as comparative analysis, which made it possible to specify basic digital economy trends.

In response to the search for solutions to the problems of sustainable development of society, the formation of an environmental economy took place, one of the priorities of which is the transition to the concept of a circular model based on the principles of isolation. The circular economy is a universal way of sustainable development, which allows, on the basis of technical and technological progress and a continuous stream of innovations, to overcome not only economic and environmental problems, but also social stratification. The circular model ensures national economic efficiency by cycling, slowing down and narrowing resource and consumer flows. The transformation of flows is achieved through the formation of production-consumer ecosystems, collaborations and intersectoral integration, which shifts the minimum object unit towards the mesolevel. A single circular economic system (CES) involves the inclusion in its elemental composition of many weakly affiliated entities, which in the «as is» situation are focused on ensuring private commercial efficiency through the implementation of linear models. The scientific novelty of the study lies in the development of theoretical and methodological foundations for ensuring the effectiveness of circular economic systems at the mesolevel.

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