From December 11 to 12, 2023, the Central Asian Development Institute (CADI) led the opening of the ESG Network in Central Asia. The event involved the American Chamber of Commerce in Kyrgyzstan, the American Chamber of Commerce in Uzbekistan, the American Chamber of Commerce in Tajikistan, and other partners from Central Asian countries.

Environmental, social, and corporate governance (ESG) in Central Asia represent a new and relevant area for the private sector in the region. To meet the requirements of digitization, transparent business practices, the demands of the new environmental agenda, and stakeholder expectations, private companies increasingly seek effective ESG mechanisms.

The goal of this project is to assess the level of ESG development in the private sector in the region by conducting a survey of companies. Business associations play a crucial role in the project, serving as a platform for effective communication and inviting private companies to participate. The project is conducted by the ESG Network in Central Asia under the leadership of the Central Asian Development Institute (CADI).

During the event, the results of the research were presented, and the current status of ESG in Central Asian countries was discussed. Aisuluu Sydygalieva, the Executive Director of AmCham in Kyrgyzstan, highlighted the growing awareness of sustainability and responsible business practices in Kyrgyzstan. Companies recognize the importance of considering environmental, social, and governance aspects. Currently, several regulatory acts in this field have been adopted in Kyrgyzstan, facilitating the implementation of ESG practices in the country. She also emphasized the importance of this issue for the American Chamber of Commerce in Kyrgyzstan and expressed readiness for future involvement.