Sustainable Future: Challenges and Opportunities for Bulgarian Companies Cover Image

Устойчиво бъдеще: предизвикателства и възможности за българските фирми
Sustainable Future: Challenges and Opportunities for Bulgarian Companies

Author(s): Daniela Tzvetkova
Subject(s): Politics, Economy, National Economy, Business Economy / Management, Energy and Environmental Studies, Environmental and Energy policy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: CSR; ESG; Sustainable Development
Summary/Abstract: The purpose of this article is to examine some new trends in the integration of ESG goals for sustainable development in companies’ practices. Some quantitative and qualitative indicators of sustainable development are considered. The focus of the report is the challenges and opportunities for Bulgarian companies to achieve sustainable development. From 2024 ESG becomes mandatory for certain companies in the EU and in Bulgaria, which will have to submit non-financial information in the form of a report on their application. For now, these changes concern large corporations, but it is expected that within two to three years, they will become mandatory for SMEs as well.

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