CSR INTEGRATION INTO CORPORATE GOVERNANCE IN UZBEKISTAN’S CONSTRUCTION INDUSTRY

Abstract

Corporate Social Responsibility (CSR) is becoming increasingly important in Uzbekistan’s construction sector as foreign investors and international partners demand alignment with global governance and sustainability standards. Domestic reforms, such as Presidential Decree PD-37 (2024) on ESG disclosure and updated environmental laws effective in 2025, indicate progress, but national regulation remains largely compliance-oriented. This creates a gap between local practices and international expectations.
The sector, one of the fastest-growing in Uzbekistan, is dominated by small and medium-sized firms that lack capacity for structured CSR disclosure. While most companies limit reporting to mandatory compliance documents, larger firms and those engaged with foreign investors are beginning to adopt international CSR practices, though often based on global policies rather than locally embedded governance systems. Findings suggest CSR integration is still at an early stage, but increasing foreign involvement is generating pressure and opportunity for change. Strengthening CSR within governance frameworks could help the sector attract investment, build stakeholder trust, and support sustainable development.