Sustainability Reporting is the foundation of modern corporate transparency, going beyond traditional financial metrics. In Georgia, under the Law on Accounting, Reporting and Auditing, certain categories of enterprises (Category 1 entities and Public Interest Entities - PIEs) are required to submit a Management Report, which includes non-financial information on environmental and social issues. This means companies must disclose information regarding their impact on the environment, employees, human rights, and anti-corruption measures. This service helps companies prepare reports compliant with legislation and international standards (GRI, IFRS S1/S2), which is essential not only to avoid fines but also to gain investor trust.
What does this service cover?
The sustainability reporting service covers the full cycle from data collection to report submission:
- Legal Obligation Assessment: Determining whether your company falls into a category required by law to submit non-financial reporting (SARAS requirements).
- Materiality Assessment: Identifying key issues that are most significant to the company and its stakeholders.
- Data Collection System Setup: Establishing internal processes for accurate recording of environmental (energy, water, waste) and social (labor safety, training) data.
- Report Drafting: Preparing the textual part of the Management Report in accordance with legislation and best practices.
- Coordination with Audit: Collaborating with auditors to ensure alignment of non-financial information with financial statements.