17:36 18 March 2025
Grand Thornton: 33% of companies implement ESG due to customer requirements
A Grant Thornton study shows that 33% of large and medium-sized Polish firms implement sustainability initiatives due to customer and supplier expectations, while 23% cite market competition as a key motivator. Regulations play a secondary role, with 20% mentioning industry rules and 16% highlighting national regulations.
Firms see ESG efforts as a way to secure financing (15%), enhance brand reputation (12%), and drive business growth (9%). Financial costs (21%), regulatory complexity (15%), and lack of resources (12%) are major barriers.
Despite increasing awareness, 45% of companies remain unsure about their non-financial reporting obligations, though this has improved from 57% in 2023. The Omnibus Simplification package aims to streamline ESG reporting, potentially boosting innovation and competitiveness.
