Tegeta Holding

Tegeta recognizes its affects environment which is related to the factors, such as its use of natural resources, energy consumption, waste generation, and the impact of its products and services on the environment and other. Tegeta is the first Georgian company that presented a corporate sustainability strategy adapted to international standards to the public, environmental protection was defined as one of the priority areas of Tegeta Holding's CSR strategy.

The "Green Standard of Tegeta" project, initiated in 2023, encompasses three primary directions: 

  1. Sustainable Transport Solution for Zero Emissions:  In the framework of this direction, green bonds were issued, which are used to promote the elimination of carbon dioxide emissions in the country, popularize e-transportation in the society.
  2. Waste Management: Tegeta's subsidiary, Tegeta Green Planet, implements a comprehensive waste management plan focused on the separate collection, transportation, processing, recycling, and responsible disposal of waste, thereby completing its life cycle sustainably.
  3. Raising Awareness: Tegeta conducts awareness-raising activities for both employees and customers, organizing cleaning campaigns and actively participating in environmental events to foster a culture of environmental responsibility.

Within the project framework in 2023, Tegeta procured 70 electric chargers, approximately 100 light electric vehicles, and 20 heavy vehicles. Tegeta Green Planet facilitated the removal and recycling of significant environmental pollutants, totaling 2,885,102 kg of used tires, 1,158,330 kg of used batteries, and 895,393 kg of used oil. Additionally, waste was cleared from the Tbilisi bypass and the Bakuriani resort, while informative competitions, posts, and quizzes on environmental topics were organized for employees.

Looking ahead, Tegeta Holding remains committed to its established path, pursuing predetermined, sustainable approaches. It aims to contribute to the creation of a healthier and greener environment while also fostering the growth of the capital market and promoting the development of the green economy in the country.