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TBC Bank Group PLC announced on June 4, 2024, the publication of its Sustainability Report 2023, detailing the group's Environmental, Social and Governance activities. The report is structured in accordance with Global Reporting Initiative standards and is available at www.tbcbankgroup.com.
| Date | 4 Jun 2024 |
| Time | 09:34:47 |
| Category | Corporate updates |
| ID | 0324R |
TBC Releases its Sustainability Report 2023
TBC Bank Group PLC ("TBC PLC") is pleased to announce the publication of its Sustainability Report 2023, which is available at www.tbcbankgroup.com. The report provides an in-depth account of the group's Environmental, Social and Governance ("ESG") activities, structured in accordance with the Global Reporting Initiative ("GRI") standards.
Vakhtang Butskhrikidze, Chief Executive Officer of TBC Bank, commented:
"Our commitment to sustainability comes from our role in creating opportunities for transitioning to a sustainable, technology and innovation-driven economy. We aim to increase the resilience of households, businesses, and society towards future challenges, and to provide young generations with the means to pursue their goals in a safe and prosperous environment. In 2023, our main focus was on increasing the sustainable loan portfolio volume, enhancing climate-related financial disclosures, strengthening employee diversity, and developing programs for technological education and green financing expertise. We believe that our accomplishments contribute to our role as a leading supporter of ESG principles in our region, and we remain committed to this aspiration."
For further enquiries, please contact:
Director of Investor Relations
Andrew Keeley
Or
Head of Investor Relations
Anna Romelashvili
About TBC Bank Group PLC ("TBC PLC")
TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of the FTSE 250 Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.
TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 39.1% of customer loans and 39.5% of customer deposits as of 31 March 2024, according to data published by the National Bank of Georgia on the analytical tool Tableau.