Georgia has strong support from donor organizations and official creditors.

For the past five years, global compact network Georgia has been working hard with the business sector and other major stakeholders in the country to transform the market economy by making it more sustainable and responsible. We have been assisting companies to align their strategies and operations with universal principles on human rights, labour, environment, anti-corruption and to take action that advances societal goals.

Partnership is equally beneficial for both businesses and civil society organizations because it is the projects created through joint efforts that bring significant positive changes to society.

Without cooperation, participation, and consultation with the civil sector, companies will not be successful.

Resilience – this ability to adapt quickly to changing conditions – has become the hallmark for success in today’s environment.

These challenging times have offered us exciting and equal opportunities for building a new business era in both developed and developing countries.

Effective adaptation to technological advances will become a top priority for every person and organization.

The UN Guiding Principles on business and human rights (UNGPs) states: “the responsibility to respect human rights requires that business enterprises have in place policies and processes through which they can both know and show that they respect human rights in practice“.

I think companies need to spend more time thinking about how to benefit their customers.

All participants have made a commitment to adopt sustainable, responsible business policies under the UN global compact’s ten principles for human rights, labour, the environment and anticorruption.