In the global study of CFOs by Deloitte entitled „Sustainable Finance: The Risks and Opportunities that (Some) CFOs Are Overlooking”, six out of ten financial directors believe that the challenges of sustainable development will change financial reporting. Non-financial verification is becoming more and more important as it serves building credibility of companies.[2]
Polish companies should use this new reporting duty as a business opportunity. Reporting non-financial data under G4 GRI Guidelines brings many benefits not only for the reporting organization but also for the addressees of the report who are able to find the answer to some of their problematic questions. From the point of view of the reporting organizations, internal management systems are reinforced, the quality of the monitoring process of sustainable development improves, the awareness of people involved in the reporting process of social, economic and environmental aspect is higher. Reporting of non-financial data and submitting them to independent verification increases transparency of the company. Therefore it increases the trust in the company among external and internal stakeholders. - comments Jacek Kuchenbeker, Senior Manager in Risk Management Department of Deloitte.
The first social report of Raben Group in Poland was published in November. It was prepared according to international reporting guidelines in sustainable development – Global Reporting Initiative G4 on the CORE level.
The social report of Raben Group contains many significant indicators, describes the way the business is run in a sustainable manner. Our aim was also to engage the readers, involved them in the process by making them think about their own work-life balance. The Report can be commented on and evaluated on our website. For each comment we will transfer PLN 1 to "My First Car Seat" campaign which promotes safe transport of children in car seats - comments Marta Szymborska, PR and CSR Manager in Raben Group.Please read the Social Report.[1] & [2]
"Sustainable Finance: The Risks and Opportunities that (Some) CFOs Are Overlooking”