ESG PRACTICES AND THEIR ROLE IN ACHIEVING SUSTAINABLE ECONOMIC DEVELOPMENT

In the context of global economic transformation, ESG (Environmental, Social, and Governance) practices have become a key paradigm driving sustainable economic development. By integrating environmental protection, social responsibility, and corporate governance principles, ESG contributes to long-term economic stability, investment attractiveness, and global competitiveness. The implementation of ESG frameworks enables countries to align with the UN Sustainable Development Goals (SDGs), foster innovation, and enhance financial transparency. This paper explores the interrelation between ESG practices and sustainable development, analyzes global trends, and highlights Uzbekistan’s efforts to integrate ESG strategies into its economic reforms and green economy initiatives.