- The winning projects are: “Tegeta for the Environment” and “Tegeta for Social Enterprises”;
- Tegeta Holding was awarded in the nominations: “Sustainable consumption and production” and “Decent work and economic growth”;
Rustaveli Theater hosted the Corporate Sustainability Award 2023 awarding ceremony. Tegeta Holding won the corporate sustainability award in two categories out of six nominations, and was the jury’s choice for its projects “Tegeta for the Environment” and “Tegeta for Social Enterprises”.
The competition was organized by UN Global Compact Network Georgia with the support of the Swedish Government and the USAID Civil Society Engagement Program, and was held in Georgia for the sixth time this year.
Vakhtang Kacharava, CEO of Tegeta Holding: “This victory is very important for Tegeta Holding because it demonstrates our approach to social and environmental responsibility. Tegeta Holding is led by a CSR strategy in accordance with international standards, where one of the priority areas is taking care of the environment and the society around us. We have been implementing numerous large-scale projects in this direction. For example, this year, we issued GEL 20 million green bonds exclusively for environmental initiatives, and we are already working on the development of green infrastructure and ecological transport. This victory is proof that the company has high corporate social responsibility. We have extensive plans ahead, and this victory will be an additional motivation for us.”
The project “Tegeta for the Environment” combines the Holding’s complex approach to environmental care, and includes all the green initiatives implemented in 2022-2023 by the company within the framework of environmental responsibility. The project combined three directions: sustainable transportation to achieve zero emissions, effective waste management, and awareness raising campaigns.
The project “Tegeta for Social Enterprises” combines pro bono projects implemented by the Holding aiming to strengthen public organizations and social enterprises. Since 2022, Tegeta Holding has been a member of the Georgian Pro Bono Network, and, with the involvement of its employees, it has carried out a number of activities in support of civil organizations. In addition, the Holding provides support for social enterprises on the platform Tegeta Care.
The Corporate Sustainability Award 2023 is intended for companies whose activities are based on progressive, modern, value-based business models, and which aim to promote sustainable development.
About Tegeta Holding: Tegeta Holding is the largest automotive Georgian company in the Caucasus and Central Asia. The company offers customers a full range of automotive ecosystems, including light, heavy and construction. Further, commercial, passenger and industrial transport is available. Tegeta has 28 service centers countrywide. The holding conducts international trade on four continents. Tegeta exclusively represents auto brands Porsche, Volvo, Toyota and Mazda. The holding’s partners are truck and special equipment premium brands, among them MAN and JCB. Tegeta is the largest importer of more than 300 leading automobile brand products in Georgia, including Bridgestone, Michelin, Varta, Bosch, Shell, Motul, Pirelli and others. Tegeta Holding is today one of the largest employers in Georgia, with around 3,000 employees.