INTEGRATION OF ESG PRINCIPLES INTO THE TEXTILE INDUSTRY OF UZBEKISTAN: CHALLENGES AND OPPORTUNITIES FOR SUSTAINABLE DEVELOPMENT AND ATTRACTING INVESTMENT IN THE FINANCIAL MARKET

INTEGRATION OF ESG PRINCIPLES INTO THE TEXTILE INDUSTRY OF UZBEKISTAN: CHALLENGES AND OPPORTUNITIES FOR SUSTAINABLE DEVELOPMENT AND ATTRACTING INVESTMENT IN THE FINANCIAL MARKET

Authors

DOI:

https://doi.org/10.5281/zenodo.17427346

Keywords:

ESG principles, textile industry, competitive advantage, sustainable technologies, environmental sustainability

Abstract

Environmental, Social, and Governance (ESG) principles have become integral to all sectors of the modern
economy, including the textile industry. These principles significantly influence the industry's competitiveness. This article
examines the relationship between ESG principles and sustainable development opportunities, highlighting their role in
enhancing the competitiveness of textile enterprises.

References

Abdullaeva, F. (2020). The Prospects of Uzbekistan’s Textile Industry in Achieving Sustainability Goals. Journal of

Central Asian Economic Development, 15(2), 25–34.

Boström, M., & Mörtberg, U. (2020). Sustainability in the Textile Industry: A Global Perspective. Sustainable Fashion

Journal, 13(1), 41–56.

Ministry of Economy of the Republic of Uzbekistan. (2024). Textile Industry Reform in Uzbekistan: Strategies and

Initiatives. Uzbekistan: Ministry of Economy.

Spot.uz. (2024). Research of the Textile Industry of Uzbekistan: Problems and Solutions. Available at: https://www.spot.

uz/ru/2024/11/11/cotton-research

IVGPU. (2020). Environmental Problems of the Textile Industry of Uzbekistan. Available at: https://ttp.ivgpu.com/

wp-content/uploads/2020/03/382_33.pdf

State Statistics Committee of the Republic of Uzbekistan. (2023). Report on the Textile Industry of Uzbekistan.

Uzbekistan: GUSTAT.

Decree of the President of the Republic of Uzbekistan. (2017, December 14). On Measures to Accelerate the

Development of the Textile, Clothing and Knitting Industry (No. DP-5285). Available at: https://lex.uz/docs/3459665

Decree of the President of the Republic of Uzbekistan. (2024, May 1). On measures to bring the development of the

textile and garment industry to a new level (No. DP-71). Available at: https://lex.uz/docs/6908350

Juraev, M., & Mustafoev, A. (2023). Digital Transformation in Uzbekistan’s Textile Industry: Boosting Competitiveness

Through Innovation. Journal of Textile Engineering & Fashion Technology, 9(1), 15–24.

Sullivan, R. (2020). ESG Principles in Global Textile Supply Chains: A Comparative Analysis. Textile Industry Review,

(4), 45–60.

World Bank. (2021). Sustainable Investment in Uzbekistan: Pathways to the Future. World Bank Group Report, 15(1),

–60.

Downloads

Published

2025-03-31

How to Cite

Ikramova Nodira Burkhon kizi. (2025). INTEGRATION OF ESG PRINCIPLES INTO THE TEXTILE INDUSTRY OF UZBEKISTAN: CHALLENGES AND OPPORTUNITIES FOR SUSTAINABLE DEVELOPMENT AND ATTRACTING INVESTMENT IN THE FINANCIAL MARKET. Innovation Science and Technology, 1(3), 18–22. https://doi.org/10.5281/zenodo.17427346
Loading...