Large companies are not yet prepared for the new ESG reporting obligation
ESG (environment (E), society (S) and corporate governance (G)) is an increasingly decisive factor in the operation of companies, so companies should look for and integrate sustainable solutions into their corporate decisions.
Regulatory and market trends show the increasing importance of ESG reports, as ESG is becoming a general regulatory principle, and investors and financial analysts are increasingly incorporating ESG aspects into their valuation models in response to global environmental and social challenges affecting the world. Most recently, the Hungarian Parliament adopted a forward-looking ESG law at the end of 2023, which requires companies to report and examine the ESG maturity of their supply chain.
Related news
4.8% less energy consumption, 90% domestic sources for food – SPAR’s new sustainability balance sheet
SPAR Hungary also made significant progress in sustainable operations in…
Read more >Green Cloud’s commercial director arrives from Auchan
Green Cloud, a leader in the market for sustainable corporate…
Read more >The market is not the primary driver of green corporate decisions in Hungary
The sustainability strategies and investments of domestic companies will be…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >