PRINCIPLES OF ESG IMPLEMENTATION IN COMPANIES OF UZBEKISTAN: A COMPREHENSIVE ANALYSIS

Abstract

The integration of Environmental, Social, and Governance (ESG) principles into business operations has become increasingly important worldwide, including in the context of Uzbekistan. This article provides a detailed examination of the key principles underlying ESG implementation within companies operating in Uzbekistan. Through an in-depth analysis of relevant literature, regulatory frameworks, and empirical data, this study aims to elucidate the fundamental principles guiding ESG integration in Uzbekistan's business landscape. Key aspects explored include the drivers behind ESG adoption, challenges encountered, and strategies employed by companies to effectively implement ESG practices. Furthermore, the article discusses the role of stakeholders, government policies, and international standards in shaping ESG initiatives within Uzbekistani companies. By elucidating the principles of ESG implementation, this research contributes to a better understanding of sustainable business practices and provides insights for policymakers, practitioners, and scholars seeking to promote responsible corporate behavior in Uzbekistan and beyond.