The Sejm on 21 November adopted an amendment to the law on sustainability reporting obligations. The obligation to file an ESG report for 2024 will cover more than 3,000 companies in Poland. As early as 2026, regulation will cover small and medium-sized companies listed on regulated markets. Is Polish business ready for this?
What do the new regulations mean for Polish companies?
The introduction of mandatory ESG reporting in Poland will have a significant impact on companies that meet the criteria set out in the EU CSRD. As in other EU countries, these companies will be obliged to prepare annual sustainability reports. These reports will have to comply with the legal requirements and standards set out in the EU regulation. ESG documentation will be placed on a par in terms of form with financial reports and its content will have to be approved by independent auditors. Failure to comply with the obligation to produce a report may lead to serious consequences, including criminal liability.
What about companies that will not be required to report?
Companies on which ESG reporting will not be directly imposed will also be affected by the enactment of the Union Regulation. Why? We suspect that many of them will need to collect and analyse environmental impact data anyway. Arguably, these will be essential documents for contractors or companies within the same group of companies that will be subject to the reporting requirement. It is possible that support will be required from partners to provide relevant data. This is why we already encourage representatives of small and medium-sized companies to take an interest in the ESG topic. Without implementing a proper operational strategy - the business could be seriously affected in a few years' time. Customers are also more likely to turn to products and services from transparent providers.
A practical guide to ESG for every company
The Interzero team, knowing that both small and larger companies will need expert help to put ESG into practice, has prepared an e-book for you. It is a document that contains all the necessary information. It is written in simple, accessible language. In it, we explain what the CSRD is, introduce the reporting timeline, show you how to communicate on the topic of sustainability, and outline the operational steps you need to take to prepare your business for ESG. Fill in the form on our websiteand you will get access to it completely free of charge. Your education is one of the most important factors for the development of your business.
Summary and timetable
News about the enactment of reporting is just the tip of the iceberg. We know how much the Polish business model will now change and we want our clients to be prepared for this. As a company, we believe in technology and innovation. That is why we want to guide all those interested in the topic of ESG smoothly and calmly. We would like to remind you that reporting will be mandatory:
- from 2025 - for large companies (more than 250 employees and/or EUR 50 million turnover and/or EUR 25 million total assets),
- from 2026 - for listed SMEs.
Environmental Sustainability Dashboard - ESG non-financial reporting tool - our proprietary consulting solution. The tool will streamline your data collection and monitoring processes - so you can accurately track ESG indicators. It is a solution for companies that want to be ready for mandatory reporting. Clients get access to an online platform and full environmental impact assessment advice.