IMPROVING ESG MANAGEMENT MECHANISMS IN THE CONTEXT OF DIGITAL TRANSFORMATION IN UZBEKISTAN

Authors

  • Narimonov Otabek Assistant to the Director, Sponsorship Coordinator The Association SOS Children’s Villages Uzbekistan

DOI:

https://doi.org/10.5281/zenodo.20085657

Keywords:

ESG, ESG management, digital transformation, sustainable development, digitalization, corporate governance, stakeholders.

Abstract

The article examines modern approaches to improving ESG management mechanisms in the context of the digital transformation of Uzbekistan’s economy. The study considers the integration of ESG principles into corporate governance systems and analyzes the impact of digital technologies on transparency, sustainability, and management efficiency. Based on systematic and comparative analysis, the main challenges of ESG management development in organizations of Uzbekistan were identified, including insufficient digital maturity, limited ESG tools, and the lack of integrated ESG monitoring mechanisms. The study proposes a conceptual approach to improving ESG management based on digital technologies, transparency development, and stakeholder engagement. It is concluded that digital transformation is becoming one of the key factors of sustainable organizational development and improvement of corporate governance quality in Uzbekistan.

References

1.Freeman R.E. Strategic Management: A Stakeholder Approach. - Boston: Pitman Publishing, 1984. - 276 p.

2.Eccles R., Klimenko S. The Investor Revolution // Harvard Business Review. - 2019. - Vol. 97. - No. 3. - P. 106-116. - URL: https://hbr.org/2019/05/the-investor-revolution (дата обращения: 07.05.2026).

3.Schwab K. The Fourth Industrial Revolution. - Geneva: World Economic Forum, 2016. - 184 p. - URL: https://www.weforum.org/about/the-fourth-industrial-revolution-by-klaus-schwab/ (дата обращения: 06.05.2026).

4.Указ Президента Республики Узбекистан «Об утверждении стратегии “Цифровой Узбекистан - 2030”» // Национальная база данных законодательства Республики Узбекистан. - URL: https://lex.uz/docs/5030957 (дата обращения: 07.05.2026).

5.Nosratabadi S., Mosavi A., Shamshirband S., Zavadskas E., Rakotonirainy A., Chau K.W. Sustainable Business Models: A Review // Sustainability. - 2019. - Vol. 11. - No. 6. - P. 1-30. - URL: MDPI Sustainability Article (дата обращения: 06.05.2026).

6.Porter M., Kramer M. Creating Shared Value // Harvard Business Review. - 2011. - Vol. 89. - No. 1-2. - P. 62-77. - URL: https://hbr.org/2011/01/the-big-idea-creating-shared-value (дата обращения: 06.05.2026).

7.Carroll A.B. Corporate Social Responsibility: Evolution of a Definitional Construct // Business & Society. - 1999. - Vol. 38. - No. 3. - P. 268-295. - URL: https://journals.sagepub.com/doi/10.1177/000765039903800303 (дата обращения: 06.05.2026).

8.OECD. The OECD Digital Government Policy Framework: Six Dimensions of a Digital Government // OECD Public Governance Policy Papers. - Paris: OECD Publishing, 2020. - No. 2. - 40 p. - URL: https://www.oecd.org/en/publications/the-oecd-digital-government-policy-framework_f64fed2a-en.html (дата обращения: 06.05.2026).

9.Liu H. Digital Transformation and ESG Performance // Sustainability. - 2025. - Vol. 17. - No. 13. - P. 1-18. - URL: https://www.mdpi.com/2071-1050/17/13/6165 (дата обращения: 06.05.2026).

10.World Economic Forum. Why Digital Transformation and ESG Go Hand in Hand. - Geneva: World Economic Forum, 2023. - URL: https://www.weforum.org/stories/2023/01/digital-transformation-new-it-esg-davos-23 (дата обращения: 06.05.2026).

11.Cui J. Empirical Analysis of Digital Innovations Impact on Corporate ESG Performance // arXiv. - 2025. - URL: https://arxiv.org/abs/2504.01041 (дата обращения: 06.05.2026).

12.Qing C., Jin S. Does ESG and Digital Transformation Affect Corporate Sustainability? // arXiv. - 2023. - URL: https://arxiv.org/abs/2311.18351 (дата обращения: 06.05.2026).

13.Liu Y. ESG Performance, Digital Transformation and Green Development // Humanities and Social Sciences Communications. - 2025. - Vol. 12. - No. 1. - P. 1-15. - URL: https://www.nature.com/articles/s41599-025-06027-9 (дата обращения: 06.05.2026).

14.Bebbington J., Unerman J., O'Dwyer B. Sustainability Accounting and Accountability. - 2nd ed.-London:Routledge,2014.-300p.-URL: https://www.taylorfrancis.com/books/edit/10.4324/9781315848419/sustainability-accounting-accountability-jan-bebbington-jeffrey-unerman-brendan-dwyer (дата обращения: 06.05.2026).

15.Friede G., Busch T., Bassen A. ESG and Financial Performance: Aggregated Evidence from More than 2000 Empirical Studies // Journal of Sustainable Finance & Investment. - 2021. - Vol. 11. - No. 4. - P. 210-233. -URL: https://www.tandfonline.com/doi/full/10.1080/20430795.2015.1118917 (дата обращения: 06.05.2026).

16.Kraus S., Durst S., Ferreira J.J., Veiga P., Kailer N., Weinmann A. Digital Transformation in Business and Management Research: An Overview of the Current Status Quo // International Journal of Information Management. - 2022. - Vol. 63. - Article 102466. - URL: https://www.sciencedirect.com/science/article/pii/S0268401221001596 (дата обращения: 06.05.2026).

17. George G., Merrill R.K., Schillebeeckx S.J.D. Digital Sustainability and Entrepreneurship: How Digital Innovations Are Helping Tackle Climate Change and Sustainable Development // Entrepreneurship Theory and Practice. - 2021. - Vol. 45. - No. 5. - P. 999-1027. - URL: https://journals.sagepub.com/doi/10.1177/1042258719899425 (дата обращения: 06.05.2026).

Downloads

Published

2026-05-08

How to Cite

IMPROVING ESG MANAGEMENT MECHANISMS IN THE CONTEXT OF DIGITAL TRANSFORMATION IN UZBEKISTAN. (2026). International Journal of Political Sciences and Economics, 5(5), 172-180. https://doi.org/10.5281/zenodo.20085657

Similar Articles

1-10 of 884

You may also start an advanced similarity search for this article.