Member seminar - ESG regulation and upcoming audit

As part of the activities of AmCham's ESG Task Force in 2024, a Member seminar was organized with the aim of exchanging experiences and good practices among members in order to better adopt ESG in their business.

The introductory presentation was held by Ms. Nataša Kos, Manager ESG Services, PwC Croatia and Ms. Renata Pentek, Manager in Capital Markets and Accounting Advisory Services, PwC Croatia.

The adoption of ESG regulation brings new opportunities for companies to demonstrate to the market their efforts in terms of sustainability and corporate responsibility. Although it is still early in Croatia to expect some major strategic innovations of most companies, we know that ESG reporting brings a small revolution in the reporting process due to regulations, because in addition to standard reports, companies will be obliged to include a new type of report, the ESG one.

There was special emphasis on ESG regulation, which is already valid for financial institutions and which is why companies on the market should pay attention to this regulation as well. Furthermore, how the application of regulation in banks will reflect on the bank's client, that is, on the entire market, which will be visible already during 2024.