ESG transformation of the university management system

Purpose: is to develop recommendations for ESG transformation of the university management system based on the diagnostics of the ESG maturity factors of higher education institutions and identification of ESG risks.

Methods: comprehensive consideration of environmental, social and management aspects in the context of general systems theory and the use of the interdisciplinary approach are key methodological features for research of the sustainable development concept and mechanisms of the management systems ESG transformation. The assessment of the sustainability of higher education institutions and the ESG maturity of their management systems was carried out using international and national rating systems that determine the level of compliance of university performance indicators with the achievement of sustainable development goals. For assessing the conditions and characteristics of the university's business processes, identifying ESG risks and developing recommendations for management system ESG transformation the authors used the process approach along with general scientific methods of research and visualization of information, SWOT analysis technologies.

Results: the diagnostics of ESG maturity factors of the management system of an educational institution of higher education and identification of ESG risks have performed. Taking into account the features of management systems in the field of higher education, recommendations for ESG transformation of management processes have proposed based on a typical process model of university management.

Conclusions and Relevance: ESG transformation of the management system in higher education today is not just following the ambitious goals of politicians or popular scientific trends, but one of the key factors of the university's competitiveness. The higher education institution ESG maturity, which determines the effectiveness of the management system ESG transformation, depends on the level of proficiency of the university administration representatives and all participants in the educational process in the relevant competencies, technologies for diagnostics, accounting and minimization of ESG risks, including environmental, social, managerial and regulatory, taking into account their interdisciplinary nature and the ability to design an organizational management structure based on the trends in reforming the education system as a whole.

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