Non-financial reporting
The Renewable Energy Directive (RED II) – what is it about, and what is its significance? Here's an explanation!
The European Union continuously seeks ways to reduce greenhouse gas emissions. One of the methods is to increase the share of bio-components in fuels used in sectors like transportation. This approach aims to improve air quality. To achieve this, the content of a directive called RED II was developed. What exactly does RED II aim to change, and can Poland successfully implement it?
What is the CSRD Directive?
In recent years, ESG has become one of the top five global business trends. In the European Union, the ability to conduct business while adhering to sustainable development principles is gaining rapid importance. For some, it’s an additional obligation and immense stress; for others, it presents opportunities linked to economic stimulation. Nevertheless, all entities will eventually have to take action in this area and, more importantly, report the steps they have taken. The CSRD Directive will facilitate this process, providing a standardized requirement for reporting on implemented and ongoing ESG activities. Learn more about it below!
Enterprise Value Chain – What Does It Consist Of, and What Function Does It Serve?
The enterprise value chain is a concept that has been known since the 1980s, created by Michael E. Porter. It encompasses all the activities and processes occurring within a company, aimed at creating value for customers. This model distinguishes between primary and supporting activities. What else is worth knowing about it?
European Sustainability Reporting Standards - this is what you should know about ESRS
ESG reporting for many companies is an important part of their policy and strategy. It contributes to sustainability goals and helps meet non-financial disclosure requirements. As of 2024, new standardized reporting rules are in effect, replacing the former GRI Standards. We are talking about ESRS. What is worth knowing about this reporting scheme?
ESG Reporting – Who is Affected?
When the European Union introduced CSR policy over a decade ago, it quickly became apparent that it was not a very efficient tool for monitoring non-financial activities. Today, there is increasing talk about ESG reporting for sustainable development. What does ESG change and who does it concern?
NFRD directive - what is it and what does it affect? We explain
While ESG and CSR are currently the dominant topics in corporate sustainability, it is worth remembering that non-financial reporting has been around for several years. What is the NFRD and what did its entry into force mean for businesses?
What is a carbon footprint and how do you calculate it?
Carbon footprint, also known as 'ecological footprint' or 'carbon footprint', is a concept that has become one of the key indicators in the context of climate change and sustainable development. It represents the amount of greenhouse gases, mainly carbon dioxide (CO₂), emitted into the atmosphere as a result of human activities or production processes. The carbon footprint is a measure of the human impact on global warming and is an indicator of the impact of our activities on the planet. How do you calculate it and reduce it? Check out our guide!