ESG – what, why & when

What is ESG?

Environmental, social & governance are the factors that are taken in account by investors & companies while making business decisions.

 

Why to report?

 

There are many reasons why ESG reporting is important for the companies. Some of the important reasons:

 

What rules are applicable at this moment & what is going to change for the future within European Union?

The rules introduced by the Non-Financial Reporting Directive (NFRD) remain in force until companies have to apply the new rules of the Corporate Sustainability Reporting Directive (CSRD). Under the NFRD, large companies have to publish information related to:

NFRD reporting rules apply to large public-interest companies with more than 500 employees. This covers approximately 11 700 large companies and groups across the EU, including:

Corporate Sustainability Reporting Directive (CSRD) 

Implementing your reporting in your digital landscape

As the ESG reporting becomes mandatory, a proper reporting management and where needed an automation can hugely help companies to go through the same work again and again. Please let us know if you can use any help from us in this aspect.

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