by Nikolai Pavlov | Feb 27, 2025 | Articles
The Corporate Sustainability Reporting Directive (CSRD) is set to transform the way companies in the European Union (EU) report on ESG performance. Replacing the older Non-Financial Reporting Directive (NFRD), the CSRD expands both the scope and the depth of...
by Nikolai Pavlov | Feb 11, 2025 | Articles
ESG reporting is no longer just a public relations exercise – it’s a financial and legal imperative. Companies that fail to meet ESG compliance standards risk regulatory penalties, higher borrowing costs, reduced investor confidence, and significant reputational...
by Nikolai Pavlov | Oct 14, 2024 | Articles
With the January 2025 deadline for mandatory ESG reporting approaching, many leaders are asking themselves if their organization will be affected. This article aims to clarify the specific criteria companies need to meet to be required to comply with ESG reporting...
by Nikolai Pavlov | Sep 25, 2024 | Articles
One of the growing challenges for businesses is the need for transparent and accurate reporting, especially when it comes to sustainability and corporate responsibility. To address this, companies are turning to XBRL (eXtensible Business Reporting Language) as a way...
by Nikolai Pavlov | Aug 25, 2024 | Articles
When it comes to ESG reporting, the process can seem overwhelming at first. There’s a lot of new terminology to grasp, and one of the key concepts you’ll come across is “materiality.” If you’re unsure what materiality means in the context of ESG...