ESG PRINCIPLES LIE AT THE HEART OF OUR BUSINESS
“As the largest employer in the Georgian private sector, we take pride in our substantial history of responsible investment and portfolio management. Entrusted with shaping the future of our community, we are dedicated to fostering sustainable businesses that stand the test of time. Our transparent and proven governance, coupled with a network of top-tier talent, positions us as a pivotal player in the region’s sustainable development.”
Irakli Gilauri
Chairman and CEO
As a Group, we are focused on the integration of environmental, social and governance (“ESG”) principles across our business, led by the oversight of our Board and management. Our sustainability reporting, policies and sound corporate governance effectively underpins our work in this area and provides an important point of reference for our stakeholders. For more information on our Corporate Governance framework, please see here: https://georgiacapital.ge/governance/cgf.
Sustainability Reporting
We are invested in pioneering sustainability practices in our business activities and across our portfolio and are constantly seeking new ways to improve our performance across the Group. Our Sustainability Report aims to provide material and important information on the developments in the Group’s ESG practices. Please see below our Sustainability Report for the financial year ending 31 December 2023.
Our Annual Report and Accounts 2023 details our engagement with our stakeholders and our business strategy, and how we approach these with ESG principles in mind. Our Sustainability Report 2023 should be read in conjunction with our Annual Report 2023 and the relevant policies available on our website.
Policies
In order to effectively manage the Group’s direct and indirect impact on society and the environment, the Board has adopted a Code of Conduct and Ethics, as well as policies concerning climate change, environmental and social matters, employees, anti-corruption and anti-bribery. Copies of these policies can be found on the Group’s website: https://georgiacapital.ge/governance/cgf/policies.
We are committed to conducting our business in an environmentally, socially responsible and sustainable manner in order to reduce the environmental impact of our operations, while at the same time improving social performance in order to enhance long-term returns to our shareholders. Our Environmental and Social Policy, which describes the Group’s commitment to sustainable finance as an integral component of responsible corporate governance, can be found here: https://georgiacapital.ge/governance/cgf/policies.
Our portfolio is concentrated across structurally important industries for the country’s sustainable development. We believe that investing in a sustainable manner is part of our responsibility as corporate citizens of Georgia and the wider world. Please see below for our Responsible Investment Policy.
Principles we follow
UN Global Compact
Homepage | UN Global Compact
Other public disclosures
CDP climate-change questionnaire
