Another Success for BU Students
BU’s Executive MBA students became winners of the UN Global Compact Network Georgia’s “Corporate Sustainability Award 2025.”
At the awards ceremony held in Tbilisi, MicroBank Crystal received a special prize — the Business for SDGs Special Recognition Award. The company was recognized for having been among the most active participants in this initiative from the inception of the competition (2018) to the present day. For many years, Crystal has consistently shared its progress toward the Sustainable Development Goals (SDGs) with the business community and the public, and it is also multiple-time winner of the Corporate Sustainability Award in different years.
Maya and her team have won multiple awards for Crystal in previous years in the areas of environmental and social responsibility and women’s economic empowerment, including:
2023 – Award in the category Reduced Inequalities (SDG #10)
2020 – Award in the category Responsible Consumption and Production (SDG #12)
2019 – Award in the category Gender Equality and Women’s Empowerment (SDG #5)
Cenomi Retail Georgia Also Recognized Across Four Categories
Cenomi Retail Georgia participated in the competition in four categories, presenting major human, social, and environmental initiatives implemented by the company. The preparation of the applications was led by the company’s Human Capital Manager and British University Executive MBA student, Nato Kvachantiradze.
Among the initiatives submitted, the company won in the category “Decent Work and Economic Growth” (SDG 8 – Equal Worth – Equal Pay). The winning project reduced the company’s gender pay gap to below 2% by the end of 2024 and introduced a transparent, fair, and structured salary matrix.
In addition to the winning category, Cenomi Retail Georgia presented three other projects:
SDG 4 – Learning That Matters – A company-wide continuous education and skill development system involving 908 participants and 815 training hours in 2024.
SDG 8 – Opportunity for Everyone – Reducing the gender pay gap and introducing a fair compensation system, resulting in a 2% pay gap by the end of 2024.
SDG 12 – A Quiet Choice That Still Matters – Replacing single-use plastics, introducing paper packaging, and donating a total of €118,202.72 to WWF in 2024.
These projects highlight Cenomi Retail Georgia’s vision for responsible business practices and position the company as a standout organization in education, labor equality, inclusion, and environmental sustainability.
About the Competition
The UN Global Compact Network Georgia has been organizing the “Corporate Sustainability Award” competition since 2018 to recognize sustainability-oriented and responsible companies and projects operating in Georgia.
This year marked the 8th awards ceremony, with participation from around 300 companies.