Sustainability. ESG

Sustainability is a strong global trend (the so-called megatrend) that is reshaping the economy and business in many dimensions. Taken literally, it means development (including economic development) that takes into account not only current needs, but also the well-being of future generations.

Sustainability is also now one of the dominant global trends determining how companies approach doing business, raising capital and financing as well as attaining their business goals. In the corporate segment, we frequently refer to their operations and their impact on the environment from three perspectives, collectively referred to by the acronym ESG: E – environmental and climate, S – social and employee and G – corporate and organisational governance.

For the Polish businessmen, the most tangible element of the sustainability trend is the European Green Deal. This is a set of wide-ranging legislative, economic and social initiatives, announced in December 2019.

This European Union sustainable growth strategy aims at transforming our continent into a prosperous society living in a modern, resource-efficient and competitive economy, with net zero greenhouse gas emissions by 2050. Importantly enough for the business sector, the EU’s ‘green strategy’ is the source of a growing number of regulations shaping the business environment and one of the major drivers of the constantly progressing shift towards sustainability.

Simultaneously numerous Polish companies have been experiencing rapidly mounting pressure exerted by their business partners (customers, suppliers) on them to take more and more responsibility for the impact of their business model on the environment. This trend has and will continue to have a very strong impact on companies’ strategies in the coming decade. And also on their business growth prospects – or lack thereof.

Sustainability. ESG – the scope of our support

At NOBILI PARTNERS, we support companies comprehensive manner in managing the area of sustainable development and ESG projects. Our services range from the strategy development (or integration with the existing business strategy), through its implementation to the final reporting of the implemented activities and achieved indicators. In each phase, we ensure professionally structured dialogue and cooperation with the company’s key stakeholders.

Furthermore – along with battle-tested business partners – we offer companies assistance in getting ready to face the requirements of financial institutions related to sustainable finance policies, as well as requirements concerning determination of their carbon footprint and planning its reduction.