PreprintArticleVersion 1This version is not peer-reviewed
ESG Reporting of Commercial Banks in Poland the Aspect of the New Requirements of the Directive on Corporate Reporting in the Field of Sustainable Development (CSRD)
Version 1
: Received: 5 September 2024 / Approved: 5 September 2024 / Online: 6 September 2024 (08:09:46 CEST)
How to cite:
Matuszak-Flejszman, A.; Łukaszewski, S.; Banach, J. K. ESG Reporting of Commercial Banks in Poland the Aspect of the New Requirements of the Directive on Corporate Reporting in the Field of Sustainable Development (CSRD). Preprints2024, 2024090486. https://doi.org/10.20944/preprints202409.0486.v1
Matuszak-Flejszman, A.; Łukaszewski, S.; Banach, J. K. ESG Reporting of Commercial Banks in Poland the Aspect of the New Requirements of the Directive on Corporate Reporting in the Field of Sustainable Development (CSRD). Preprints 2024, 2024090486. https://doi.org/10.20944/preprints202409.0486.v1
Matuszak-Flejszman, A.; Łukaszewski, S.; Banach, J. K. ESG Reporting of Commercial Banks in Poland the Aspect of the New Requirements of the Directive on Corporate Reporting in the Field of Sustainable Development (CSRD). Preprints2024, 2024090486. https://doi.org/10.20944/preprints202409.0486.v1
APA Style
Matuszak-Flejszman, A., Łukaszewski, S., & Banach, J. K. (2024). ESG Reporting of Commercial Banks in Poland the Aspect of the New Requirements of the Directive on Corporate Reporting in the Field of Sustainable Development (CSRD). Preprints. https://doi.org/10.20944/preprints202409.0486.v1
Chicago/Turabian Style
Matuszak-Flejszman, A., Sebastian Łukaszewski and Joanna Katarzyna Banach. 2024 "ESG Reporting of Commercial Banks in Poland the Aspect of the New Requirements of the Directive on Corporate Reporting in the Field of Sustainable Development (CSRD)" Preprints. https://doi.org/10.20944/preprints202409.0486.v1
Abstract
For several years, commercial banks in Poland have been reporting activities related to the impact on the environment, society, and corporate governance (ESG). However, only new guidelines, mandatory for many entities, including banks, will allow for comparing these reports, which will be of great importance mainly for investors. The forms of these reports were and still are different, difficult to compare in individual years, and difficult to compare between banks.
The article aims to present the banks' preparation for the new reporting rules based on the latest ESG reports. The research was conducted in 4 groups of commercial banks operating in Poland, which are the largest companies listed in the WIG Banks sub-index of the Warsaw Stock Exchange. Gaps in the preparation of these banks for non-financial reporting were identified.
The non-financial reports of the banks studied have significant information potential that can be used by various stakeholder groups, including investors, customers, employees, regulators, and local communities. However, the comparability of ESG reports is one of the key challenges faced by both reporting banks and users of these reports.
The research results can be used both in scientific works and by bank representatives to improve non-financial reports.
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
