Uvodna sekcija (tematski format)

  • Introduction

    An image representing ESG

    Environmental, Social and Governance - ESG has become a new buzzword, predominantly used in connection to the business world. 

    E - stands for environmental, S – stands for social and G - stands for governance. 

    Companies are now asked to report on their environmental impact, their impact on society as well as disclose how they are governed. This so-called non-financial reporting has become equal to annual financial reporting. Investors, governments, as well as the public wants to hold the companies accountable for their activities and therefore ESG reporting is an essential tool to achieve this. 

    ESG is thus a great opportunity for Social Enterprises to show and disseminate their positive social and/or environmental impact and to build up new connections with large companies, which would like to improve their ESG score and make a more positive impact via collaborations with social enterprises.

  • Understanding ESG and its importance

    In this unit, you will learn the reasons why we are currently talking about ESG. The underlying reasons include the need to meet international commitments on climate change.

    ESG is a reporting framework that serves as a tool to achieve these commitments to climate and sustainability goals. It regulates the financial market to channel the financial resources towards sustainable actions.

    In order to unify ESG reporting to make the data comparable across the companies the EU came up with a framework including legislation (CSRD, EU taxonomy) and a set of reporting standards (ESRS).