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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">ejebs</journal-id><journal-title-group><journal-title xml:lang="en">Eurasian Journal of Economic and Business Studies</journal-title><trans-title-group xml:lang="ru"><trans-title>Название журнала на русском</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2789-8253</issn><issn pub-type="epub">2789-8261</issn><publisher><publisher-name>University of International Business named after K. Sagadiyev LLP</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.47703/ejebs.v68i4.433</article-id><article-id custom-type="elpub" pub-id-type="custom">ejebs-35</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>Статьи</subject></subj-group></article-categories><title-group><article-title>The Impact of Economic Growth on Sustainable Development: an Analysis of ESG Indicators</article-title><trans-title-group xml:lang="ru"><trans-title></trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-1232-4788</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Kenzhegulova</surname><given-names>Gaukhar</given-names></name></name-alternatives><bio xml:lang="en"/><email xlink:type="simple">gaukhar.kenzhegulova@gmail.com</email><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="en">University of International Business named after K. Sagadiyev, Almaty, Kazakhstan<country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2024</year></pub-date><pub-date pub-type="epub"><day>18</day><month>12</month><year>2025</year></pub-date><volume>68</volume><issue>4</issue><elocation-id>18–31</elocation-id><permissions><copyright-statement>Copyright &amp;#x00A9; Kenzhegulova G., 2024</copyright-statement><copyright-year>2024</copyright-year><copyright-holder xml:lang="ru">Kenzhegulova G.</copyright-holder><copyright-holder xml:lang="en">Kenzhegulova G.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://ejebs.uib.kz/jour/article/view/35">https://ejebs.uib.kz/jour/article/view/35</self-uri><abstract><p> </p></abstract><kwd-group xml:lang="en"><kwd>Sustainable Development</kwd><kwd>Economics</kwd><kwd>Green Economy</kwd><kwd>Carbon Productivity</kwd><kwd>Environmental Efficiency</kwd><kwd>Social Indicators</kwd><kwd>Economic Growth</kwd><kwd>Kazakhstan</kwd></kwd-group><funding-group xml:lang="en"><funding-statement>This research has been funded by the Science Committee  of  the  Ministry  of  Science  and  Higher  Education  of  the Republic  of  Kazakhstan  (Gran “Strategy of structural and technological modernization of the basic sectors of the economy of the Republic of Kazakhstan based on ESG: criteria, mechanisms and forecast scenarios” BR24993089)</funding-statement></funding-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Chiu, I. 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