National Bank of Georgia highlights its sustainable finance taxonomy and bond standards and reports 43% of outstanding local corporate bonds are sustainability-labelled

The National Bank of Georgia’s First Vice-Governor, Ekaterine Mikabadze, spoke at the presentation of Lion Finance Group’s 2025 Sustainability Report, underscoring high-quality sustainability reporting as a basis for transparency, market discipline, and long-term value creation. Her remarks reiterated the central bank’s work to embed Environmental, Social, and Governance (ESG) considerations, including climate-related risks, into Georgia’s financial system. Mikabadze noted that since joining the Sustainable Banking Network in 2017, the National Bank of Georgia (NBG) has developed a Sustainable Finance Roadmap and ESG guidelines to support ESG risk management across the sector, and established a Sustainable Finance Taxonomy aligned with international best practices to define green and social economic activities. She also pointed to the NBG’s regulatory framework for green, social, sustainability, and sustainability-linked bonds, and stated that 43% of corporate bonds currently outstanding in the local market fall into these categories. The NBG’s Head of Sustainable Finance Division, Salome Tvalodze, also presented on the authority’s strategic priorities and supervisory expectations for sustainable finance.