UNLOCKING UZBEKISTAN’S POTENTIAL: THE STRATEGIC ROLE OF ESG IN CORPORATE SUCCESS ALONG WITH THE PRINCIPLES OF “UZBEKISTAN-2030” STRATEGY

Authors

  • Tashkent state university of economics

DOI:

https://doi.org/10.60078/2025-vol4-iss1-pp53-57

Abstract

The growing focus on climate change has led to a heightened interest among capital investors in sustainable investments. Concurrently, there is increasing demand from stakeholders, regulators, and general public to gain a deeper understanding of how sustainable reporting can enhance business outcomes. This research provides an overview of the academic literature on Environmental, Social, and Governance (ESG) factors. The implementation of ESG principles can offer companies a range of benefits beyond financial performance, including enhanced reputation, improved risk management, increased innovation, and a positive contribution to a more sustainable society. Accordingly, this conceptual paper aims to present comprehensive information on ESG practises and their impact on company performance, specifically focusing on the context of Uzbekistan.

References

Strategy “Uzbekistan-2030”

Updated Nationally Determined Contribution, Republic of Uzbekistan, 2021

Kate Raworth, Doughnut Economics “7 ways to think like a 21th century economist”, 2017.

Covachev, S., Martel, J., & Brito-Ramos, S. (2025). Are ESG factors truly unique? North American Journal of Economics and Finance, 77(January), 102386. https://doi.org/10.1016/j.najef.2025.102386

Gibbon, K., Derwall, J., Gerritsen, D., & Koedijk, K. (2025). Journal of International Money and Finance Renaming with purpose : Investor response and fund manager behaviour after fund ESG renaming. Journal of International Money and Finance, 152(January), 103263. https://doi.org/10.1016/j.jimonfin.2024.103263

Kang, S., & Hong, A. (2025). Navigating ESG challenges in ICT: Risks and rewards across the pandemic landscape. International Review of Economics and Finance, 99(February), 103994. https://doi.org/10.1016/j.iref.2025.103994

Radzi, S. H. M., Hamid, N. A., & Ismail, R. F. (2023). An Overview Of Environmental, Social And Governance (Esg) And Company Performance. Proceedings of the International Conference in Technology, Humanities and Management (ICTHM 2023), 12-13 June, 2023, Istanbul, Turkey, 131, 1111–1122. https://doi.org/10.15405/epsbs.2023.11.90

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How to Cite

UNLOCKING UZBEKISTAN’S POTENTIAL: THE STRATEGIC ROLE OF ESG IN CORPORATE SUCCESS ALONG WITH THE PRINCIPLES OF “UZBEKISTAN-2030” STRATEGY. (2025). In Editions. https://doi.org/10.60078/2025-vol4-iss1-pp53-57