LONG-TERM ASSETS IN SUSTAINABLE DEVELOPMENT STRATEGY: GREEN ASSETS AND ENVIRONMENTAL CRITERIA

Abstract

This article explores the role of long-term assets within the framework of sustainable development strategies, with a particular focus on green assets and environmental performance criteria. As companies strive to align their operations with ESG (Environmental, Social, and Governance) standards, the recognition, evaluation, and efficient management of environmentally responsible assets have become essential. The paper investigates how the integration of green asset accounting into strategic management contributes to long-term value creation, ecological efficiency, and risk reduction. Using theoretical analysis and industry examples, the study highlights how life-cycle costing, environmental impact assessments, and sustainability reporting support informed decision-making in asset investment and utilization. The need for regulatory alignment, enhanced environmental disclosure, and the strategic positioning of green infrastructure within the corporate asset structure is emphasized. The article concludes with recommendations for improving environmental asset accounting practices and aligning them with both financial and non-financial performance indicators.