This research investigates the function of corporate governance in enhancing the application of ESG (Environmental, Social, and Governance) within Uzbekistan’s commercial banking industry. This research employs secondary data from sustainability reports, annual disclosures, and publications by the Central Bank of Uzbekistan and international financial institutions to critically examine the impact of governance structures-such as board independence, gender diversity, and oversight committees-on ESG integration and financial stability. The results show that more and more Uzbek banks are reporting on ESG issues. In 2019, just two banks did this, but by 2024, eight banks will be doing it. Banks with boards that are more independent and diverse show far better ESG performance and financial strength, which is shown by greater returns on assets and fewer loans that are not performing. The paper also points out ongoing problems, such as a lack of ESG knowledge, no standardised reporting standards, and uneven policy implementation. The study finds that corporate governance is both a base and a force behind sustainable finance. To bring Uzbekistan's banking practices in line with global sustainability standards, it calls for a national ESG disclosure standard, more accountability at the board level, and stronger institutional capacity building.
| Mualliflar | Esanov , Farrukh, Эсанов , Фаррух, Esanov , Farrukh |
|---|---|
| Jurnal | Иқтисодий тараққиёт ва таҳлил |
| Nashriyot | Ўзбекистон иқтисодиётини ривожлантиришнинг илмий-тадқиқот маркази |
| ISSN | 2992-877X |
| Nashr sanasi | 2025-12-29 |
| Jild | 3 |
| Son | 12 |
| Betlar | 67-74 |
| Til | Ingliz |
| Ilmiy soha | Iqtisodiyot |
| DOI | 10.60078/2992-877x-2025-vol3-iss12-pp67-74 |
| Indeksga qo‘shilgan | 2026-08-27 |
DOI: 10.60078/2992-877x-2025-vol3-iss12-pp67-74 · Maqolaning asl sahifasi
corporate governance, ESG implementation, financial stability, Uzbekistan banking sector, board diversity, sustainability reporting, корпоративное управление, внедрение ESG-факторов, финансовая стабильность, банковский сектор Узбекистана, разнообразие состава совета директоров, отчетность по устойчивому развитию, korporativ boshqaruv, ESG tamoyillari, moliyaviy barqarorlik, O‘zbekiston bank tizimi, kengash xilma-xilligi, barqarorlik hisobotlari
| APA | Esanov , Farrukh, Эсанов , Фаррух, & Esanov , Farrukh (2025). THE ROLE OF CORPORATE GOVERNANCE IN STRENGTHENING ESG IMPLEMENTATION IN COMMERCIAL BANKS. Иқтисодий тараққиёт ва таҳлил, 3(12), 67-74. https://doi.org/10.60078/2992-877x-2025-vol3-iss12-pp67-74 |
|---|---|
| GOST (OAK) | Esanov , Farrukh, Эсанов , Фаррух, Esanov , Farrukh THE ROLE OF CORPORATE GOVERNANCE IN STRENGTHENING ESG IMPLEMENTATION IN COMMERCIAL BANKS // Иқтисодий тараққиёт ва таҳлил. – 2025. – T. 3, № 12. – P. 67-74. – DOI: 10.60078/2992-877x-2025-vol3-iss12-pp67-74. |
| MLA | Esanov , Farrukh, Эсанов , Фаррух, and Esanov , Farrukh. “THE ROLE OF CORPORATE GOVERNANCE IN STRENGTHENING ESG IMPLEMENTATION IN COMMERCIAL BANKS.” Иқтисодий тараққиёт ва таҳлил, 3(12), 67-74, 2025. https://doi.org/10.60078/2992-877x-2025-vol3-iss12-pp67-74 |
| Chicago | Esanov , Farrukh, Эсанов , Фаррух, and Esanov , Farrukh. “THE ROLE OF CORPORATE GOVERNANCE IN STRENGTHENING ESG IMPLEMENTATION IN COMMERCIAL BANKS.” Иқтисодий тараққиёт ва таҳлил, 3(12), 67-74 (2025). https://doi.org/10.60078/2992-877x-2025-vol3-iss12-pp67-74 |
| Harvard | Esanov , Farrukh, Эсанов , Фаррух, and Esanov , Farrukh (2025) ‘THE ROLE OF CORPORATE GOVERNANCE IN STRENGTHENING ESG IMPLEMENTATION IN COMMERCIAL BANKS’, Иқтисодий тараққиёт ва таҳлил, 3(12), 67-74. https://doi.org/10.60078/2992-877x-2025-vol3-iss12-pp67-74 |
| BibTeX | @article{esanovfarrukh2025,
title = {THE ROLE OF CORPORATE GOVERNANCE IN STRENGTHENING ESG IMPLEMENTATION IN COMMERCIAL BANKS},
author = {Esanov , Farrukh and Эсанов , Фаррух and Esanov , Farrukh},
journal = {Иқтисодий тараққиёт ва таҳлил},
year = {2025},
volume = {3},
number = {12},
pages = {67-74},
doi = {10.60078/2992-877x-2025-vol3-iss12-pp67-74},
url = {https://doi.org/10.60078/2992-877x-2025-vol3-iss12-pp67-74}
} |
Boshqa maqola uchun iqtibos tayyorlash
In this article, the reforms carried out in the Republic of Uzbekistan on the application of Quality Management in the construction materials industry were studied in a scientific and practical way.nnotation. In this…
This article analyzes the impact of ESG (Environmental, Social, and Governance) principles on digital economy policy. The study examined the integration of ESG principles into corporate governance, sustainability…
The article examines the role of green bonds and their subtype, green mortgage-backed securities, in the global financial market, as well as the prospects for their application in Uzbekistan. Green bonds are…
This article highlights the specific features of Islamic banks' financial reporting. Financial statement forms are analyzed separately in accordance with the rules of conventional and Islamic accounting. Specifically…
В статье исследуется зарубежный опыт формирования инновационной экономики и обеспечения занятости населения в данном процессе. С учётом роли высшего образования в создании инноваций и новых рабочих мест проведён…
The article is devoted to analyzing the transformation of the banking sector in the context of the active implementation of artificial intelligence (AI) technologies. It examines the key areas of AI application in…
This article provides an in-depth analysis of the essence and content of innovative activities in educational institutions, their role in the modern pedagogical process, and their impact on the quality of education…
Ushbu maqolada O‘zbekistonda “yashil iqtisodiyot” tamoyillarini joriy etish jarayonining mohiyati va ahamiyati yoritilgan. Mamlakatda ekologik barqarorlikni ta’minlash, resurslardan oqilona foydalanish, “yashil…
This article provides recommendations for developing innovative methods to assess the environmental impact of industrial enterprise development by examining international experiences, various methodologies, regulatory…
This article analyzes the economic significance of customs services and their role in supporting entrepreneurship in Uzbekistan amid expanding trade flows and increasingly complex supply and logistics chains. The…
Иқтисодий тараққиёт ва таҳлил — barcha maqolalar · 2025-yil arxivi
This research examines the influence of environmental risk management (ERM) on the credit portfolio stability of commercial banks in Uzbekistan, utilising secondary data from sustainability reports, regulatory…
This study examines the association between Internet use and self-rated health and investigates the role of online health information behaviors in this relationship. Using data from the 2021 Chinese General Social…
На материалах, опубликованных по август 2024 года, исследуется достаточность бюджетного покрытия обязательств государственно-частного партнёрства. Предложена совместная проверка объёма, сроков и допустимых источников…
Maqolada O‘zbekiston sport tashkilotlarida sun’iy intellekt (SI) va ma’lumotlarga asoslangan boshqaruvning iqtisodiy samaradorlik bilan bog‘liqligini o‘rganish uchun rasmiy statistik ma’lumotlar tahlil qilinadi…
The article analyzes the institutional formation and everyday educational practice of girls’ education in Turkestan in the late nineteenth and early twentieth centuries. It examines traditional schools led by otinoyi…
This study presents a comprehensive analysis of the geostrategic role of Khwarezm in the transregional trade system of Eurasia during the 9th–12th centuries, based on written sources, historiography, and archaeological…
В статье исследуется, почему налоговые и тарифные льготы могут не приводить к привлечению инвестиций в дата-центры для искусственного интеллекта (ИИ). На основе теории комплементарности М. Кремера построена…