ESG requirements – a new risk category for business

Environmental, social, and governance (ESG) requirements are posing a new challenge for businesses in Romania. Companies must now produce quarterly sustainability reports auditable by external auditors, following the Ministry of Finance's transposition of the CSRD Directive. Camelia Stoian, Sales & Account Manager at Credit Risk Services, ICAP CRIF, emphasizes the importance of ESG beyond just low environmental impact energy. She highlighted the lack of attention to ESG from authorities at the conference 'Digitalization and Energy Efficiency – Oradea'. Companies are urged to assess their ESG performance using platforms like Synesgy to obtain an overall ESG score.

Source:

https://www.energynomics.ro/en/esg-requirements-a-new-risk-category-for-business/

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