Deloitte Co-Authored First Comprehensive ESG Reporting Guidelines

The Czech Republic, like the European Union (EU) and world financial markets, is currently experiencing a revolution of transparency similar to the one that took place 20 years ago when a unified set of accounting standards—the International Financial Reporting Standards (IFRS)—was introduced to the market. In the field of financial information, an intense international harmonising effort is already underway. These mandatory standards, which are published and continually updated by the International Accounting Standards Board (IASB), have been integrated into the regular practices of global and European listed companies, including those in the Czech Republic.

The aim of the Guidelines, co-authored by Deloitte is to help companies to navigate through the new regulatory package on ESG reporting (CSRD, Taxonomy, SFDR, CSDDD) and understand their obligations under the first European Sustainability Reporting Standards (ESRS), in the context of a global shift towards transparency in ESG.

The Guidelines are divided into three main parts:

• EU legislative framework for sustainability,
• Overview of new European Sustainability Reporting Standards (ESRS)
• Practical roadmap of how to prepare the sustainability report in line with new regulation and best practices.

Download the ESG Reporting Guidelines here: www.pse.cz/userfiles/related_documents/en/ESG-Guidelines.pdf