FINANCING COMPANY SUSTAINABLE DEVELOPMENT STRATEGY BY DEBT INSTRUMENTS

The purpose is to study social and green bonds as the main debt instruments for financing the company's sustainable development strategy. Findings. Social and green bonds represent a promising source of financing for the company's sustainable development strategy both from the perspective of a classical investor focused on returns on investment and from the position of a responsible investor who prefers to finance only projects aimed at the sustainable development of society and the economy. The need to create and develop a social and green bond market in Russia is due to modern trends in the development of financial management, focused both on the welfare of owners and the sustainable development of society, the economy and the environment. The emergence of social and green bonds in Russia will allow transforming the understanding of the role of companies in public relations, increasing its importance in solving global problems. The practical value lies in the possibilities for investors and finance directors to use social and green bonds to finance the company's sustainable development strategy, to minimise the number of own funds allocated for socially responsible investing and managing the company's business reputation from a position of value. The theoretical value lies in the fact that the findings obtained from the results of the research allow us to develop the theory of debt financial instruments for financing modern areas of the company’s activities.

зеленые облигации, корпоративная социальная ответственность, ответственный инвестор, социальные облигации