How much of a company’s value is reflected in its financial reports? This fundamental question has been the focus of increasing debate in recent years.

In 1975, more than 80% of corporate value was typically reflected on the balance sheet. Research suggests that today, across all global markets, this figure is only 50%.

Also, based on the 5th EY Climate Change and Sustainability Services (CCaSS) survey of 298 institutional investors globally, they are ramping up their efforts when it comes to assessing the performance of companies using environmental, social and governance (ESG) factors.

This shift reflects the hugely increased importance of intangible assets, such as intellectual property, human capital, organizational culture, corporate governance and public trust. These are all difficult to measure using conventional reporting frameworks but are vital components of business value.

For whom?

Today worldwide, businesses are increasingly interested in measuring and communicating their overall contribution to the economies and societies in which they operate, as well as how they create value in the long run. Their goal is to gain the trust of all stakeholders such as customers, shareholders and investors, employees, local communities and government authorities.

Companies in Bulgaria are no exception. From a business perspective, reporting on nonfinancial and ESG assets, is important to help strengthen your value creation corporate story telling with various stakeholders, including customers.

Join our Climate Change and Sustainability Services digital workshop on 18 November to learn more about the opportunities ahead of your companies.

If you have any questions prior to the digital workshop, do not hesitate to address them at EY@bg.ey.com

Programme

10.00 – 10.10 / Introduction

10.10 – 10.40 / PART I: The Business Case for Sustainable Development

What is Sustainable Development

Why now

The business case for the business community

Strategic approach

10:40 – 11:00 / PART II : Sustainability Reporting

GRI Standards

Best practices on sustainability reporting

Other sustainability reporting frameworks and initiatives

Integrated Reporting

11:00 – 11:10 / Break

11:10 – 11:30 PART III : Recent trends

Measuring social and economic impact

Climate change related financial disclosures

Other impact measurement tools

11:30 – 11:45 PART IV: Q&A

Registration:

Participation in the digital workshop is free of charge.

The digital workshop will be held in English.

To confirm your attendance, please fill out the following REGISTRATION FORM.

All registered participants will receive an email with a link and instructions on how to join the online event.

If any questions with regard to the registration arise, do not hesitate to contact us on EY@bg.ey.com