TBC Releases Sustainability Report 2021
Source: RNS
TBC Releases Sustainability Report 2021
TBC Bank Group PLC ("TBC PLC") is pleased to announce that its Sustainability Report 2021 has been published today. The report provides an in-depth account of the Environmental, Social and Governance ("ESG") issues that are most relevant to TBC PLC, structured in line with the Global Reporting Initiative ("GRI") standards, and is available at www.tbcbankgroup.com.
Vakhtang Butskhrikidze, CEO of TBC PLC commented: "This year, we took our ESG efforts to the next level by developing a comprehensive ESG strategy, setting specific ESG-related targets and establishing ESG-related committees at the Board and the management levels. I strongly believe that these initiatives will help us create a more sustainable and socially responsible environment around us and generate long-term value for all our stakeholders."
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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 and other closely related fields. TBC PLC also recently expanded its operations in Uzbekistan. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of 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 38.9% of customer loans and 40.3% of customer deposits as of 31 March 2022, according to data published by the National Bank of Georgia.
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