2023-09-26 10:00:10
More and more regulations and standards that companies must comply with are emerging in the field of ESG, and reporting will be one of the biggest challenges. Thus, companies will be required to have a series of documents and procedures that they must draft in line with European standards: ESG strategy, net zero plan, equal pay, tax transparency, etc.
The PwC conference “ESG: From strategy to action!”Photo: PwC Romania
For Romanian companies, the most important at the moment is the European CSRD reporting directive (Corporate Social Responsibility Directive), which obliges companies to report on sustainability criteria, reports that will be subject to the auditing process. The directive will be gradually applied in three waves: the first wave will include companies with over 500 employees for the financial year 2024, the first reporting deadline may 2025, then the second wave reporting for 2025 in the year 2026 for companies that meet one of three criteria, respectively 250 employees, over 40 million euros in turnover, and in the third wave in 2026 small listed companies.
These topics and more were discussed during the PwC Romania conference “ESG: From strategy to action!”. The first panel had as speakers: Monica MovileanuPartner and ESG Leader, PwC Romania, Ana Maria IordacheD&B Partner David and Baias, Ana Maria ButucaruPartner PwC Romania, Amalia StamateSenior economist BNR, Venera VladAssociate Director BERD, Monica BisonSenior Expert, Directorate of Legislation and Accounting Regulations, Ministry of Finance, Gabriela Ciulacu BitanSenior Advisor, Sustainable Development Department, Government of Romania, and Remus DanilaHead of Business Development BVB.
You can watch the recording of the event below:
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