In Focus: Corporate Governance and Sustainability

This Issue of KPMG Bulletin covers the review of the European experience in using the best available technologies in the state regulation for environmental protection;

— best available technologies in the system of state regulation in environmental protection in the Russian Federation;

— improvement in energy efficiency of capital construction in accordance with the main directions of the state policy on introduction of the best available technologies.

The best available technologies are technically feasible production methods that provide maximum efficiency with the least impact on the environment. Such technologies not only reduce the negative impact on the environment, but also allow for improving production processes, upgrading equipment, increasing competitiveness, and creating an image of an environmentally responsible manufacturer, which largely influences the consumer preferences and company’s opportunities to enter markets.

These technologies are successfully used by many states in their regulation system. The relevant technologies are also used in Russia.