ESG is a trend in non-financial reporting of companies’ activities, which has resulted in a legal obligation to include this information in special sections of annual reports.
Gradually, the annual legal obligation to publish an ESG report will also apply to small and medium-sized enterprises, depending on various indicators of their management. At the moment, the legal obligation to publish ESG reports applies to the following group of companies.
ESG reporting is proving to be a path to other benefits. One of the most interesting is the possibility of obtaining preferential ESG loans. Financial institutions are already providing preferential loans for projects linked to ESG issues. The benefits can take the form of lower interest rates or better availability of credit.
ESG is becoming one of the pillars of strategic communication, or marketing. The presentation of sustainable business (in the non-financial sense) has an increasing impact on the decisions of consumers or business partners. This topic is also gaining an importance in building a positive perception of the company as an employer by potential job seekers, for whom ESG aspects can be as important as wage conditions.