Responsible Consumption in the Context of sustainable Development
Discussion of socially responsible consumption (SRC) becomes relevant in modern conditions, since the negative impact of production and consumption on the ecological environment is only increasing. From this point of view, the main problem for any country in the world is the weakening of the link between economic development and environmental degradation, caused by both irresponsible consumption and inefficient use of resources and the growing amount of waste. Purpose of the research: to analyze the essence of the category of «responsible consumption» in the context of sustainable development. Research objective: to briefly review the evolution of responsible consumption; conduct an empirical study of responsible consumption in the Russian Federation, identify obstacles, highlight the impact of the COVID pandemic on the formation of sustainable consumption.The subject of the research is «responsible consumption» in the context of sustainable development in Russia. The study is based on a theoretical analysis of economic theory, on a review of scientific literature, statistical data on the topic under study and on public opinion poll data. The article presents the results of an empirical study. These results demonstrate the already established responsible consumer practices in Russia, which can contribute to the reduction of significant environmental problems and the formation of sustainable development of society. The study shows that the parameters of responsible consumption are more important for young millennials. The study reveals the existence of significant barriers to the development of SRC in Russia and indicates the need to combine efforts of all stakeholders.