LION FINANCE GROUP PLC.
BGEO.LSE | Activities of holding companies
Lion Finance Group PLC, formerly known as BGEO Group PLC, is a Georgia-based investment holding company with a diverse portfolio of businesses. Its primary activities include banking and financial services through its subsidiary, Bank of Georgia, which offers a wide range of retail banking, corporat...Show More
Better Health for All
0
The company's business activities, which include banking, healthcare services (hospitals, clinics, pharmacies), and health insurance, do not generate revenue from products or activities with established negative health outcomes.
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The company is not involved in pharmaceutical patenting, food production, or the manufacturing of addiction-prone products.
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Additionally, there is no evidence that the company conducts or sponsors clinical trials or health research.
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Fair Money & Economic Opportunity
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No evidence available to assess LION FINANCE GROUP PLC on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess LION FINANCE GROUP PLC on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No information related to Fair Trade & Ethical Sourcing, or any of the specified metrics (fair_trade_cert_share, audit_frequency, forced_child_labour_incidents, traceability_coverage, remediation_speed, ethical_clause_coverage, materials_risk_index, supplier_diversity_spend), could be extracted from the provided articles for BGEO.LSE. While the company updated ESG-related policies and prepared sustainability reports in 2024
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, the articles do not contain specific data points on its supply chain practices, certifications, or incidents.
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Honest & Fair Business
10
The Board of Directors consists of nine members, with eight being Independent Non-Executive Directors, resulting in approximately 88.89% independent directors.
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All Board committees are composed of independent non-executive Directors.
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The company has a comprehensive Anti-Bribery and Anti-Corruption Policy, updated in September 2024, which applies globally to all Group companies.
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This policy enforces a zero-tolerance stance on bribery and corruption, prohibits facilitation payments, includes risk assessment procedures, due diligence for third parties, financial controls, and mandatory periodic training for relevant employees.
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It also features mechanisms for reporting bribery, disciplinary processes, consistent monitoring, and an auditable compliance program with quarterly reporting to management and periodic audits by Compliance Officers.
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A formal Whistleblowing Policy, updated in September 2025, applies to all Group companies and is available in Armenian, English, and Georgian.
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This policy includes an anonymous 24-hour hotline and online forms, explicitly protects whistle-blowers from retaliation, and ensures summary reports of investigations are provided to the Chairman quarterly and to the Board six-monthly.
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Kind to Animals
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Lion Finance Group PLC is an investment holding company primarily focused on banking and financial services. The provided articles do not contain any specific, concrete evidence related to direct animal welfare practices, animal testing, animal-derived products, or animal agriculture operations under the company's control. While the company's Green Finance Framework outlines eligible categories for green loans, such as biodiversity conservation and sustainable agriculture, these refer to the types of projects the company *finances* rather than its *own* direct initiatives or measurable impacts on animal welfare. A contribution of US$50,000 in 2023 to support protected areas was noted
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, but the rubric for 'wildlife_conservation_impact' requires measurable outcomes for species recovery or habitat restoration, which is not provided. Therefore, no KPIs under the 'Kind to Animals' value could be scored based on the available information.
No War, No Weapons
0
No specific evidence was found in the provided articles to assess Lion Finance Group PLC against the 'No War, No Weapons' ethical value. The articles discuss general corporate governance, sustainability reporting, ESG risk ratings, and green loan portfolios, but do not contain information related to arms contracts, dual-use technologies, sales to sanctioned regimes, peacebuilding investments, or any other specific criteria outlined in the rubric for this value.
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Planet-Friendly Business
-40
The company's Bank of Georgia Group PLC subsidiary reported total financed emissions of approximately 1.26 million tCO2e in 2022.
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Georgia Capital, part of the group, has committed to reducing Scope 1 and 2 emissions by 30% by 2030 and 95% by 2050, aiming for Net-Zero by 2050, but these targets are not explicitly stated as SBTi-validated.
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The Group has made disclosures consistent with TCFD Recommendations, utilizing early-stage scenario analysis that explores 1.4°C, 1.7°C, and 3°C pathways, beginning to incorporate these into strategic planning.
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Transparency on stranded assets includes a 16.1% exposure to carbon-related assets in Bank of Georgia’s gross loan portfolio as of December 2024, with 0.00% exposure to fossil fuel and coal exploration and mining assets.
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The PTI business achieved a 78% reduction in paper consumption through its 'Paperless Project' and eliminated over 500,000 plastic cards through the #SayNoToPlastic campaign.
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Respect for Cultures & Communities
0
No specific quantitative data or concrete actions directly related to the defined KPIs for "Respect for Cultures & Communities" were found across the provided articles. While the company mentions a commitment to supporting local communities
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and lists "engagement with communities and the environment"
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and "local economic development"
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as material topics, these general statements do not provide the specific, measurable metrics required by the rubric, such as the number of formal partnerships, percentage of revenue reinvested locally, or details on cultural impact assessments or incident responses.
Safe & Smart Tech
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The company reported no data breaches in the 2024 reporting period.
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It is committed to the responsible and ethical deployment of AI, maintaining robust model risk oversight and controls.
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Bank of Georgia has a Privacy by Design and Default Procedure.
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The Group states it complies with local and relevant foreign laws in all operating jurisdictions.
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Ameriabank has held ISO 27001 certification for its information security management system since 2019, with successful recertification in January 2025.
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Bank of Georgia completed a pre-certification audit for ISO 27001 in 2024 with no non-conformities and plans to complete certification in 2025.
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Zero Waste & Sustainable Products
-10
Lion Finance Group PLC (LFG) and its subsidiary, Bank of Georgia (BGEO), are committed to environmental sustainability
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, prioritizing waste minimization, reuse, reduction, recycling, and proper disposal in compliance with local regulations
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. The Bank of Georgia's E&S Exclusion List restricts activities related to hazardous waste incineration and/or processing that do not comply with the Waste Management Code of Georgia or other applicable legislation
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. It also restricts cross-border trade in waste and waste products unless compliant with the Basel Convention
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. BGEO requires all its suppliers to sign mandatory environmental and labor safety clauses in contracts
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, expecting them to minimize their environmental impact by managing waste responsibly
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.