In June, 2022 The Council and European Parliament reached a provisional political agreement regarding the corporate sustainability reporting directive that amends the 2014 non-financial reporting directive. It introduces more detailed reporting requirements and ensures that large companies are required to report on sustainability issues such as environmental rights, social rights, human rights and governance factors. Reporting must be certified by an accredited independent auditor.
To make it easier for entrepreneurs to start building their sustainability strategy Orients Audit & Finance in cooperation with Belconsult SIA have created Sustainability ABC book. Check the full story here: https://www.orients.lv/blog/esgabc/ and find your first letter in the journey of building a sustainable and green Latvia!