Urbanization is accelerating, and cities are being expected to adapt rapidly to climate change while adopting green technologies. These trends shape the core agenda of sustainable urban development. At the Urban ESG Congress, the panel discussion on ESG transformation titled Megapolis as a space for sustainable development featured Tatyana Zavyalova, Senior Vice President for ESG at Sberbank, sharing insights from the event. Zavyalova highlighted how this megapolis concept serves as a proving ground for integrating environmental, social, and governance practices into city planning and management.
Cities, according to Zavyalova, act as engines of both economic vitality and sustainable growth. Their development directly influences the quality of life and well being of residents, making urban policy a pivotal driver of national prosperity and long term resilience.
She emphasized the necessity of making urban systems more sustainable through ecological enhancements and better resilience to climate risks. A key part of this effort is ensuring that critical infrastructure is distributed equitably across urban areas, guaranteeing accessible services for residents, and addressing the rising demand for housing in many urban centers.
To advance these goals, Zavyalova called for the development and application of clear standards that raise both the quality of life and the environmental performance of cities. These standards would guide planning, procurement, and operation across sectors, creating a measurable framework for progress.
From the perspective of financial leadership, Zavyalova underscored the need for new business support measures. By fostering innovation and enabling new markets, these steps could unlock fresh niches and economic opportunities that align with sustainable urban growth well into the future.
She also pointed out that the expansion of large and small cities should go hand in hand with efforts to improve living standards in every neighborhood. This holistic approach mirrors practices already seen in many global cities and reflects a broader agenda of sustainable development and carbon neutrality taking root in Russia.
Finally, Zavyalova noted that Sberbank, together with relevant departments, is actively involved in developing methodologies and strategic documents to guide the sustainable development of the construction industry. As a major financial institution, the bank plays a crucial role in supporting emission reduction targets and driving a transition toward greener, more efficient urban infrastructure.