ESG
Sustainable development and ESG are now an integral part of the business landscape, no matter the sector or nature of operations. Among other things, many companies face ESG reporting requirements.
Our consultants assists clients in both taking the first steps in implementing and reporting ESG measures, as well as developing and continuing those already undertaken.
We have extensive experience in advising companies and capital groups from a variety of industries (both industrial and service – including financial). Those operating in Poland as well as these with wide-ranging value chains.
ESG at ALTO – Ewa Solarz will head a new business line
ESG at ALTO – Ewa Solarz will head a new business lineSee the full list of our services:
As part of ALTO’s ESG advisory services, we support clients with, among other things, CSRD- and SFDR-compliant double materiality analysis, development of sustainability statements and ESG / sustainability strategies, carbon footprint calculations and creation of SBTi-compliant decarbonization strategies, as well as ongoing ESG support (in the form of outsourcing).
ESG is becoming relevant for more and more entities in Poland. To ensure compliance efficiently and with minimal use of internal resources, consider leveraging ALTO’s ESG advisory services. Our aim is to create value for our clients while making a lasting positive impact on their organization and its surroundings. We offer high-quality services and solutions customized to the specific needs of each business.
What is ESG?
Such an approach is pursued by business through, among other things, actions on ESG, i.e. environment, society and corporate governance in a broad sense. These activities are implemented both through a strategic approach – linking ESG issues to business strategy – as well as by implementing single initiatives for society and the environment, or by increasing its transparency related to sustainability.
Sustainable development is an approach to growth and human development that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs. This approach is implemented by businesses, among others, through actions related to ESG, which stands for environment, society, and corporate governance in a broad sense. These efforts are integrated into business strategies and also executed through individual initiatives aimed at benefiting society and the environment. Additionally, businesses work on enhancing transparency related to their sustainability practices.
New ESG obligations of businesses
ESG and sustainability reporting – which companies do they apply to?
According to the CSRD, sustainability information—preceded by value chain identification and an in-depth dual materiality analysis—must be reported by the first group of entities starting in 2024. In the subsequent years, this obligation will extend to additional groups, including large, medium, and small entities. In the final year of CSRD implementation, it will also apply to micro-entities that meet two out of three applicable criteria: relevant balance sheet total, net sales revenue, and average annual employment.
Reporting as defined by the ESRS
The ESRS (European Sustainability Reporting Standards) define what and how to report. Complying with the ESRS requires businesses to thoroughly understand these standards and implement new data collection methods from the start of the reporting period. Therefore, it’s crucial to have experts within the organization—or to outsource expertise—who can interpret and apply these guidelines effectively.
Beyond reporting, which essentially aims to describe individual actions, businesses are also focusing on other key ESG topics. These include decarbonization, strategic approaches to ESG, due diligence and human rights throughout the value chain, the closed-loop economy, and many others.
Find out more:
- ESG due diligence
- Climate action and decarbonization
- ESG reporting
- Green/sustainable financing
- ESG strategies
- Continuous ESG support
- Taxonomic disclosures
- ESG in promotion and communication
- Circular economy
- ESG and sustainability – social engagement
Case studies
Tax
200% write-off under R&D relief vs. an individual interpretation
Why ALTO?
At ALTO people are the key. It is them who, thanks to their knowledge and experience, are able to provide comprehensive support in implemented projects, taking care of the highest quality of services, therefore ensuring a sense of comfort and safety to our clients.
We act globally
We are a member of Allinial Global - an association of independent advisory and accounting firms leveraging the global and local knowledge and experience of 38,000 outstanding professionals from more than 260 renowned firms in 107 countries.
13+ years of experience
Our long-standing presence on the market allows us to look at the business from a cross-sectional perspective - we know what to do and how to do it to support you in achieving your goals.
150 people in the team
A constantly growing group of experts can contribute to the success of your company.
10,000+ cases
We help in both everyday aspects of running a business and in emergencies.