Mr. President, let's start with the basics: what exactly is ESG?
A “ESG”. Por lo curso, nos tratamos con los, porque son todos. A partir de mercên sûkê yên bi tenê, her pargîdaniyek di hawîrdora de ku sê pêkhateyên navborî pêk tê û ev yek bi rê ve girêdayî ye. Affects and is conditioned by the natural environment (e.g. by violent weather events, rising temperatures, droughts), employs people and affects local communities, operates in a concrete legal reality and must also organize its operational activities through policies, codes or regulations. ESG is about bringing all these spheres together and giving a clear signal to both business partners and consumers/consumers: we see the risks that come from these areas; this is how we respond to them; we recognize the multifaceted opportunities and thus build our stability, basing it on several pillars.
No influence on a business as well as broad information and minimization of investment risk.
That's what the game is all about. Moreover, ESG, interestingly enough, is deeply rooted in the financial market, and environmental, social and governance data are after all non-financial. A punto de fer el ambiente más de un tabla con entrada, entrada, custos o profitabilidade. Cada empresa es multifactorial, y ESG arranges estas dependencias en los tres planes que eu menentió. Et is a tool to improve the organization in terms of sustainable development, but also to expand purely business horizons.
Lately, we have been hearing a lot about ESG reporting in this regard.
And rightly so, because in a moment we are going to experience a revolution in business related to this. Ez behsa Rêbernameya Ragihandina Sosteniya Karsaziyê ya Komîsyona Ewropî (CSRD), ku dê li seranserê Yekîtiya Yekîtiya Ewropî ya bi qasî 3.6 hezar pargîdaniyên li Polonya (li seranserê Yekîtiya Yekîtiya Ewropî gelek 50 hezar hebin). First, from January 1, 2024, companies that already report under the Nonfinancial Disclosure Reporting Directive (NFRD) will have to prepare reports. A big change will come in 2025, when non-financial disclosures will become mandatory for companies that meet two of three conditions: more than 250 people employed, 20 million euros of total assets, 40 million euros of net income. Finally, the directive will reach small and medium-sized listed entities. In addition, it will introduce new reporting standards, the so-called ESRS (European Sustainability Reporting Standards). Este conjunto de indicadores y directivas a los años que la çarçoveya de disclosures ne-financiers en la Unión Europea.
Is Polish business ready for this?
Alleen in een kleine deel. In fact, there is no doubt that the reports will be produced in cooperation with companies specialized in ESG. Outsourcing in this area is already happening.
I would like to take this opportunity to draw attention to one more important fact — reports are not hundreds of printed pages, they need to be seen in a different, definitely broader perspective. Their relevance is due to the fact that they document the efforts made in the organization throughout the year and are a summary of many activities. Thus, companies face a broader challenge than just preparing a document according to one standard or another. In order to have something to report, so that it is authoritative and reliable, it is necessary to prepare for this process methodically, long before the start of purely reporting work.
Prepared? In what way?
I will not be original if I say that... preferably through an ESG strategy. We always repeat that the most important thing is the consolidation of activities. Por exemplo, a área ambiente, e. E. It is known that today the absolute priority is to reduce greenhouse gas emissions, which are the direct cause of the climate crisis. Business is the most important player in this context. Some companies already understand this and see new opportunities, especially since there is a lot of legislative pressure to improve the E indicators, but also interesting financial incentives. Therefore, for some time now, we have been calculating the carbon footprint for our customers (in three ranges), analysing energy efficiency, suggesting improvements and building decarbonisation strategies. In this way, we direct the business on a sustainable path, we make it more energy efficient, less expensive in everyday activities (changing the ordered capacity alone saves up to several tens of thousands of PLN per year!). Alleen van een set van actieën waard in de rapport maken een geweldig sensie en kunt u de synergy van de strategie te bekijken. It is worth remembering that thanks to ESG reporting, we obtain internal benefits, but also those that go beyond the company's thresholds. La transformació que se parlait a la competitivité de la empresa y lo más atrativa en los ojos de otros partners.
It is increasingly common to hear that sustainable companies are looking for something similar to each other. Is that actually the case?
This is exactly how it works, and everything breaks down into so-called value chains. Let's imagine company X, for which ESG indicators are extremely important, for example because it obtains a loan under sustainable financing (i.e. with a lower interest rate, for example). Et entreprise ne peut pas être à leur rating de ESG par travail avec une entreprise que ne pays attention à la sustainability. La risultati in questo area di una società effettiva al altro, e come conosciuto, la catena è così forte come il collegamento più weakest. And this is already happening.
Currently, as VIVERNO, we serve a customer who is in the value chain of the global home appliance giant. A situation is clear: either our client will improve environmental indicators, or he will lose contact. Por exemplo, que de la industria alimentare — fornecedores de la cadena de stores Lidl son responsable de 75% de los emissiones de gaz de gaz de la householat associada al produto. Lidl is committed to reducing emissions, so from the vending machine its partners must follow the same path. Et n'est pas tout, mais pas été approvées par l'initiative des Targets Basées Scientifique (SBTi), une organisation qui supporta l'entreprise en la setting des targetes de clima en base de la savoir scientifique.
What are the risks facing the food sector in the context of sustainable development?
We must be aware of the fact that food production generates about 1/3 of global greenhouse gases (there are branches that have a special place here, for example meat occupies the first three positions in the list of the highest emission products). A mega-energy-intensive industry, for which decarbonization will definitely be a serious challenge, as it will save water or reduce deforestation for livestock. Por lo tanto, es un sector critique que a la transformació deve a conta ne solo les objectives de la clima, pero también la seguridad de alimentos. Therefore, I think it will be crucial to combine what is environmentally necessary with what is socially necessary.
So back to the links of ESG components...
Erê, divê em her gav van pêbendan bi bîr bînin û di hişê xwe de hevsengiya di navbera her deveran de bigirin. Accomplishing this is absolutely possible. Sólo es necessário a actar com o seu céredo com a base de standardised, internațional. A good example is CDP, a global organization whose first accredited service provider in Poland is VIVERNO. As part of this partnership, we help companies manage risks and opportunities related to climate change, water security and loss of forest resources. In the SBTi initiative just mentioned, the food, beverage and agriculture industries are most strongly represented. These processes are already underway in the world and I have no doubt that they will gain strength with each passing year.
Energy-efficiency, carbonizationen, decarbonizationen, value-chainen, ESG strategier, geen financiële rapportering — alle dit moet worden met een ontvangen met en deze strategische implementatie, benefiting de miljø, personen en uw bedrijf.
Our services as part of the ESG Report
We will prepare a report for your company that complies with all CSRD and ESRS guidelines, including double significance analysis.