Monitoring the business reputation index of enterprises in the mining industry

DOI: https://doi.org/10.30686/1609-9192-2025-4-116-121

Читать на русскоя языкеI.V. Petrov, P.S. Shcherbachenko, A.A. Tikhomirovu
Financial University, Moscow, Russian Federation
Russian Mining Industry №4 / 2025 p. 116-121

Abstract: Currently, there is a need in Russia to introduce a risk-based approach to decision-making at the state level and in business, including those related to mining. The society needs to refocus on supporting projects implemented by companies within the framework of national development goals in order to increase their effectiveness. At the same time, companies themselves need guidelines to justify the choice of measures to ensure that they conduct a reliable, socially and environmentally responsible business, while choosing reliable partners. The article discusses a methodology for monitoring the business reputation index of enterprises in the Mining Sector in accordance with the priorities of Russia's development. Transition from the ESG business assessment to EPS rating of enterprises, including those in the Mining Industry, is considered. The article presents cross-industry comparisons of the EPS ratings for companies in the Mining sector within the constituent entities of the Russian Federation, which have adopted laws on responsible business conduct. These regions are rated according to the levels of responsibility of the mining business. The research contributes to the development of non-financial reporting mechanisms in the resource-dependent industries. The basics of the methodology for monitoring the business reputation index of enterprises in the Mining Industry are provided and the main research directions using the EPS rating databases are identified.

Keywords: business reputation, EPS rating, responsible business, government support, mining industry, corporate governance, reputational risks, sustainable development

For citation: Petrov I.V., Shcherbachenko P.S., Tikhomirov A.A. Monitoring the business reputation index of enterprises in the mining industry. Russian Mining Industry. 2025;(4):116–121. (In Russ.) https://doi.org/10.30686/1609-9192-2025-4-116-121

Article info

Received: 11.05.2025

Revised: 09.07.2025

Accepted: 17.07.2025

Information about the authors

Ivan V. Petrov – Dr. Sci. (Econ.), Professor, Head of the Department of Logistics and Marketing, Faculty of Economics and Business, Financial University, Moscow, Russian Federation; е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Petr S. Shcherbachenko – Cand. Sci. (Econ.) Associate Professor, Department of Corporate Finance and Corporate Governance, Financial University, Moscow, Russian Federation; https://orcid.org/0000-0002-1101-1181; e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Andrey A. Tikhomirov – Postgraduate Student, Financial University, Moscow, Russian Federation Article info

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