Our Corporate Social Responsibility

Sustainability lies at the heart of our business

WE ARE COMMITTED TO SUSTAINABLE DEVELOPMENT THAT MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.

In order to effectively manage the Group’s direct and indirect impact on society and the environment, the Board of Directors adopted a Code of Ethics, as well as policies which relate to environmental matters, employees, social matters, our respect for human rights and anti-corruption and bribery. We are pioneering sustainability practices in our business activities and across our portfolio and are constantly seeking new ways to improve our performance across the Group.

As a Group, we are committed to a long-term investment strategy and to maintaining effective relationships with those businesses in which we invest. We have board representation in our private portfolio companies and use it to maintain close relationships with the management of those companies as described within the strategy section on pages 18 to 35. As a consequence of our involved investment style, we manage our portfolio companies in the best interests of our shareholders and other stakeholders, as well as striving to contribute to wider society. We continue to meet with our shareholders and listen to any concerns they may have. With a portfolio of GEL 2.3 billion we recognise that our decisions as a Group potentially impact a broad range of stakeholders.

Georgia Capital is committed to achieving its strategic and investment objectives while behaving responsibly as an employer and as an international corporate citizen. By implementing a sustainable approach to our activities, we foster long-term relationships with our main stakeholders by providing high returns on investment for shareholders, fostering continuous employees’ development and contributing to the economic and social welfare of local communities, while taking into account our environmental footprint. The Group does not invest in environmentally and socially sensitive business activities and focuses upon the environmental and social issues associated with its commercial activities and investments in order to maximise the opportunities for environmentally and socially responsible, and sustainable economic development. We take responsibility for our actions, carefully consider material ESG risks and how others will be affected by our choices, and ensure that our values and ethics are integrated into our formal business policies, practices and plans.