International Journal of Academic Research in Business and Social Sciences

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Economic and Environmental Impacts of Industrial Enterprises on Urban Development in Russia

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This study develops a typological framework that classifies 30 Russian industrial cities by technological maturity, corporate social?responsibility intensity, and environmental engagement, then employs regression analysis (R² = 0.78; ?? = 0.52, ?? = 0.33, ?? = 0.29) on government statistics, corporate sustainability disclosures, and urban surveys to demonstrate that proactive industrial investment in smart infrastructure and green technologies is strongly associated with higher GRP growth (4–6 % vs. 2–3 %), lower unemployment (~3.5 % vs. 6–7 %), and significant pollution reduction (20–25 %) in megacities such as Moscow and St Petersburg. The findings confirm that large industrial enterprises act as catalysts of sustainable urban development and provide policymakers with an evidence?based tool for aligning corporate investment strategies with inclusive socio?economic and ecological outcomes.
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