AT4B & ESG

ESG is the area of measurable factors that define the non-financial parameters of companies' operations, which have a direct or indirect impact on the activities of these organizations and the environment in which they operate. The acronym ESG comes from the English words environment, social responsibility and corporate governance. In 2021, the European Union introduced the CSRD - Corporate Sustainabilty Reporting Directive. It imposes an obligation to publish annual ESG reports on the company's entire operations, broken down into individual departments: environment, social and corporate governance.With each passing year, the reporting obligation will be expanded. The first to have to do it were public interest entities, namely banks, investment funds or insurance companies. From 2024, it will be mandatory for companies with more than 500 employees or those with annual revenues of more than 40 million euros. From 2025, ESG reports will have to be submitted by all (public and private) companies with more than 250 employees. From 2026, reports will also have to be published by all listed organizations with more than 10 employees. Before making changes, a company should carefully assess its current ESG situation. This may include an analysis of the company's environmental impact, employee relations and management practices. Once the current situation has been assessed, specific, measurable ESG goals should be set, along with indicators to monitor progress toward achieving them. It is important that the company informs its stakeholders (such as investors, customers or employees) of its ESG commitments and regularly shares its progress in achieving them. Once an ESG strategy is implemented, it is necessary to regularly monitor progress and report results.

Services provided by AT4B, such as 3D scanning, inventory and passporting, digitalization of documentation, as well as applications for building surveys and automatic calculation of ESG indicators, make it possible to significantly automate and thus accelerate the reporting process.