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The World Bank, in partnership with the Accounting Reform's Stakeholders' Foundation (RSF), has announced the opening of the 2024 Annual Report and Transparency Award (BARTA). The BARTA awards ceremony will take place in December 2024. BARTA was established in 2019 as part of a joint project of financial engagement and accountability between the EU and the World Bank. Holding this annual competition has already become a valuable tradition, as it aims to improve the quality of reporting and transparency of Georgian companies, taking into account the European and global context.
In order to further improve the quality of reporting on BARTA 2024, the organizers of the event, in order to share the experience of the previous year, will hold an information session for the target audience, namely PIEs and representatives of the first category enterprises (potential and existing BARTA participants), where the main results of the BARTA 2023 competition will be presented to the audience and the participants will have the opportunity to ask questions to the jury live. This will help them to increase their BARTA points in the next competition and increase their chances of winning an award.
The event will cover topics such as getting to know the details of the competition. In addition, a Latvian expert on sustainability reporting will give a masterclass on how to prepare a quality sustainability report.
The event will take place offline on 14 June 2024. Please, see the agenda.
In order to participate, it is necessary to fill in the registration link.
It should also be noted that from 2023, BARTA has been extended to the first category enterprises and groups, as well as to all Public Interest Entities (PIEs), including all companies in the A and B listing categories.
The deadline for companies to apply is 31 October 2024.
This year, a Best Sustainability Report Award will be added to each of the main categories in order to highlight the rapid development of sustainability reporting process. The organizers expect reports to be prepared according to an established international framework, such as the European Sustainability Reporting Standards (ESRS).