Kategorie: ESG
Amendment to the Accounting Act: changes in entities subject to mandatory non-financial reporting
The European Union has long sought to increase business transparency and place greater emphasis on sustainability. With the adoption of the Non-Financial Reporting Directive (hereinafter the “CSRD”), the obligation to report non-financial information has been significantly expanded. The Czech Republic is now implementing the CSRD through an amendment to the Accounting Act, which, in addition …
Read moreWhat will the uniform monthly employers’ report bring?
In the area of labour law and payroll administration, one of the most important administrative obligations for employers is the regular reporting of data on employees and their wages to a wide range of institutions. Under the current system, employers must submit more than twenty reports and forms at various deadlines each month to institutions …
Read moreNon-financial reporting, ESG and Omnibus
In February 2025, the European Commission presented a proposal for a comprehensive simplification package of legal standards (the “Omnibus“) that aims to simplify corporate sustainability reporting (ESG reporting) while maintaining the European Union’s sustainability objectives. Although the exact wording of the Omnibus is still under discussion, we would like to give you a clearer view …
Read moreNew regulations and ESG standards: what do they bring to SMEs?
The sustainability and ESG landscape is undergoing major changes that are impacting not only large companies, but also gradually small and medium-sized enterprises (the “SMEs“). The European Union has introduced two key documents – the Voluntary Sustainability Reporting Standard for Non-listed SMEs (the “VSME“) and the Regulation on Transparency and Integrity of Environmental, Social and …
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