European Journal of Economics, Finance and Business Development

THE PRACTICAL STATUS OF IMPLEMENTING ESG PRINCIPLES IN UZBEKISTAN

Abduvaliyeva Farida Abdurakhimovna

Student of the Higher School of Business and Entrepreneurship, Specializing in MBA Global Management Under the Cabinet of Ministers of the Republic of Uzbekistan

Keywords: ESG principles, sustainability, Uzbekistan, regulatory frameworks, stakeholder engagement, public enterprises, economic development.

Abstract

The implementation of Environmental, Social, and Governance (ESG) principles in Uzbekistan is gaining prominence as the country seeks to align its economic development with sustainable practices. This article examines the current status of ESG integration in various sectors within Uzbekistan, highlighting the challenges and opportunities that arise in a transitional economy. It evaluates the regulatory frameworks, stakeholder engagement, and the role of public and private enterprises in advancing ESG initiatives. The findings underscore the necessity for a comprehensive approach that fosters collaboration between government, businesses, and civil society to promote a sustainable future in Uzbekistan.