BDO's client knowledge and sustainability initiatives implemented
BDO's client knowledge and sustainability initiatives implemented
BDO Latvia, together with 9 other European countries, participated in a study organized by BDO Hungary, the purpose of which was to assess the knowledge of BDO clients in the Central and Eastern European region and the implemented initiatives in the field of sustainability. One of the conclusions of the research is that half of the companies are not informed and do not know what the European Sustainability reporting standards are, although 34% of these companies would be obliged to provide such reports.
The head of the audit department, Raivis Jānis Jaunkalns, assesses the readiness and knowledge of Latvian companies as average and says: "In general, we have observed that the interest of companies in sustainability issues and mandatory reporting requirements remains more and more active, however, in order to provide quality sustainability reports, companies still have enough a long way to go given the complex reporting requirements and the amount of data that will underpin these reports”
You can read more about the research findings and what companies should consider here
The head of the audit department, Raivis Jānis Jaunkalns, assesses the readiness and knowledge of Latvian companies as average and says: "In general, we have observed that the interest of companies in sustainability issues and mandatory reporting requirements remains more and more active, however, in order to provide quality sustainability reports, companies still have enough a long way to go given the complex reporting requirements and the amount of data that will underpin these reports”
You can read more about the research findings and what companies should consider here