The NBG publishes the third Sustainable Finance Status Report

The NBG publishes the third Sustainable Finance Status Report

14 November, 2023

The National Bank of Georgia publishes an annual sustainable finance report, which reviews the existing trends, policies, and plans related to sustainable finance in Georgia. To account for the rising interest in sustainable finance and increase the transparency of the NBG’s actions and plans in this direction, the National Bank has started publishing Sustainable Finance Status Report in 2021.  


The Sustainable Finance Status Report is composed of two parts. The first part overviews the sustainable finance-related actions and policies implemented by the NBG. It also describes the ongoing and upcoming projects in this regard. The second part reviews the sustainable finance trends in the financial sector. More specifically, it analyzes the information provided by the commercial banks in the ESG forms in 2022. The Corporate Governance Code for Commercial Banks sets the mandatory Environmental, Social and Governance (ESG) disclosure requirements. Commercial banks started to fill out the ESG form in 2021. Filled-out forms from 2021-2023 for each bank are available on the NBG’s webpage.


The National Bank of Georgia continues developing the Sustainable Finance Framework and is actively implementing the action plan outlined in the Sustainable Finance Roadmap.