Tag "CSRD"
ESG is still a source of confusion
According to EY’s latest international research – conducted in 53 countries, including Hungary – 51% of Hungarian respondents aren’t familiar with ESG legislation, which is a worse result than the...
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K&H: carbon dioxide emissions do not decrease by themselves
In the absence of a sustainability strategy and concrete carbon footprint reduction plans, the majority of Hungarian companies are not yet prepared for the green transition, according to the research...
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The ESG Act affects domestic companies widely
The domestic ESG law, effective from January 1, 2024, will have a great impact on the life of domestic businesses. Those who act on time can gain an advantage, those...
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What makes procurement sustainable? An expert from Grant Thornton explains
The purchasing area and the purchasers are under increasing pressure in order to integrate sustainability criteria into purchases, support the transition to a circular economy, and the company’s carbon neutrality...
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According to KPMG, only every fourth company feels ESG-prepared
According to KPMG’s new ESG Certification Maturity Index*, 75 percent of companies worldwide feel they still have a long way to go before they are ready to certify their ESG...
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Sustainability with reservations
This article is available for reading in Trade magazin 2023/8-9. The Hungarian Food Bank Association has been helping people in need for 18 years “For the first time, this year...
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Agricultural companies are also subject to ESG reporting – we show what to prepare for
Protecting environmental values is not only a requirement of regulators and consumers, but also the key to efficient operation due to high energy costs. However, with regard to measures for...
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BDO: The regulation on mandatory corporate sustainability reporting is already on the finish line
In April 2021, the European Commission adopted a legislative proposal for the Corporate Sustainability Reporting Directive (CSRD). This proposal requires covered companies to report in accordance with the European Sustainability...
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It isn’t enough to do it well, you also have to show this
According to the experts of KPMG, the Corporate Sustainability Reporting Directive (CSRD) of the European Union will cause the biggest problems for up-and-coming Hungarian companies. First it will be financial...
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KPMG: emerging Hungarian companies must publish their sustainability report for the first time in 2026
Up-and-coming Hungarian companies must first publish their reports on their 2025 results based on the European Union’s sustainability reporting system (CSRD) in 2026, the international consulting firm KPMG pointed out...
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The European Parliament has decided: new rules for sustainability reports
The new directive will standardize companies’ sustainability reporting from 2024, so that financial companies, investors and the wider public can access comparable and reliable information about what organizations are doing...
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