I previously wrote about the President signing the act transposing the CSRD directive. For the sake of completeness, I would like to add that it was published in the Journal of Laws on December 17, 2024. under item 1863.
Today is the last chance to register for the first in a series of webinars organized by the Polish Association of Listed Companies on reporting. On January 14, 2025, from 10:00 a.m. to 11:30 a.m., an online conference will be held on the topic of Sustainability reporting. We will discuss issues such as the obligations arising from the amended Accounting Act, the possibility of using various exemptions, and the structure of sustainability reports. In the coming weeks, there will be several more webinars on topics such as Links between the financial statements and the sustainability report (January 22, 2025), Certification of sustainability reports (January 29, 2025), Taxonomy of environmentally sustainable activities (February 19, 2025) and Recipients of ESG reporting for 2024 (March 5, 2025).
The Platform on Sustainable Finance, which advises the European Commission, published on January 8, 2025. extensive (350-page) report, which proposes a number of changes to the existing Technical Qualification Criteria and the establishment of criteria for a number of new economic activities that contribute significantly to the two climate change objectives. The Platform announced public consultations, which will last until February 5, 2025. I encourage you to review the report and participate in the consultations, because EU regulations are of higher quality if we actively submit our comments on them.
At the end of last year, EFRAG published a set of explanations as part of the Q&A Platform mechanism, covering all responses provided during the period. until the end of November 2024. and an additional short document with answers to five questions prepared in December 2024.
Finally, I would like to draw your attention to a document that has been in existence for some time, but I feel that its significance is underestimated. I am referring to the document issued on September 30, 2024. non-binding CEAOB guidelines on the certification of sustainability reports. The CEAOB, or Committee of European Auditing Oversight Bodies, advises the European Commission on a range of issues relating to the certification of financial statements and sustainable development. Although the guidelines issued are non-binding, they have been developed at the request of the European Commission and it should be considered that auditors should follow them when verifying reports. It is worth reading this document. Among other things, it clearly states that the auditor does not verify data for the previous year if the company has not taken advantage of the exemption and has included such data in the report. Of course, at the request of the reporting company, this data may be audited, but there is no obligation to do so.
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