Abstract
Research background: In recent years, we can observe a global transformation of transport systems in general, and first of all, railway transport. This transformation is predetermined by large-scale social, technological and economic progress in the transport services market, formed by a new consumption model.
Purpose of the article: The purpose of this research is determination of the relationship between the adoption of a sustainable development policy and the effectiveness of the implementation of infrastructure development projects of JSC “Russian Railways”.
Methods: The research methodology is based on the analysis of international approaches and evaluation criteria for ESG factors using analytical procedures for identifying cause-and-effect relationships of the Russian railway transport development strategy within the framework of ESG.
Findings & Value added: The assessment of the strategic priorities of JSC “Russian Railways” in the strategy of sustainable development is given with the justification of trends and development criteria. The format of compliance of the Russian railway transport development strategy with the goals of sustainable growth with a comparison of national projects, state programs and strategic goals for the development of the transport complex of the Russian Federation is established. The analysis confirms the possibility of using the main results of the study when making decisions within the framework of the globalization of sustainable development of infrastructure sectors of the economy and, in particular, transport to attract “green” investments in projects for the development of main infrastructure with priority settings for energy efficiency, environmental friendliness and safety of the railway transport system.