ESG is becoming a new standard for Polish companies. Reporting on activities towards climate neutrality, local communities and employees is intended to support the process of adaptation to the growing requirements of reality, which all entrepreneurs will have to comply with over time.
New regulations on ESG reporting require companies to submit reports in accordance with the EU CSRD Directive. However, the benefits of working for sustainable development are very promising and leave no doubt: it's time for a change. The range of possibilities is huge and does not always require large financial outlays. Enterprises can become active in a specific area or in several areas at the same time, becoming brands worth imitating.
The activities undertaken and the transparency of the company increasingly determine business relations and also have a huge impact on the choices of consumers and potential employees. Today, what matters not only is the high quality of the services offered, but also production methods and issues related to the treatment of the company's staff.
Brand image
ESG reporting has a significant impact on the brand image. By showing the company's commitment to the challenges it faces, the declarations it submits build the image of a trusted manufacturer and employer. The awareness of shaping a sustainable work environment, with due care for the natural environment and the immediate surroundings, is today an indicator of the company's power as an inspirer of global changes.
Innovation and greater efficiency
The pursuit of sustainable development requires reviewing and improving the existing business system. By identifying areas for improvement and implementing more efficient practices, companies increase their operational efficiency, which in turn translates into better financial results.
Innovative approach
Every change drives innovation. We are currently seeing a clear shift in enterprises towards ultra-modern technologies that reduce the negative impact on the natural environment and increase work comfort. Reaching for more and more advanced solutions provokes the creation of new, even better options.
The introduction of the reporting obligation was divided into three stages:
- Large public companies employing more than 500 employees or meeting other criteria established by the NFRD Directive will be the first to be accountable for their sustainable development strategies. These will present their reports in 2025.
- Medium-sized and larger companies employing over 250 employees and exceeding certain balance sheet and turnover limits will be subject to reporting obligations from 2025, with the first report submitted in 2026.
- However, small and medium-sized enterprises listed on the stock exchange will be obliged to report from 2026, with reports submitted in 2027, although a special opt-out clause has been prepared for them, extending the entire process until 2028.