The authors identify the need to develop and implement mechanisms for the sustainable economic development of industrial parks in the context of ESG. The authors note that industrial parks are developing new approaches to attracting investments to the regions to solve sustainable development problems. The research aims to develop and implement priority areas, streamline development mechanisms, and bring them to a unified system of investor support measures depending on the specifics of sites and the purposes of using the means of developing industrial parks. The authors analyze the problems of integrating industrial parks into the global transition processes to sustainable development. The research notes that investors are increasingly interested in partnering with venues that take sustainability issues seriously. The developers of industrial parks are transforming their business models and adapting to international standards to attract investors. The ESG paradigm and requirements to adhere to this concept are not built into the Russian legal system. The need for this measure is a debatable issue. Given the current geopolitical situation, it is possible that the development of ESG in the country will slow down somehow, and its vector will shift. In 2022, the emphasis was placed on the environmental aspect of ESG. In 2023, a reorientation to the social agenda was organized.