Currently, the requirements for reporting ESG data are set out in the Act on accounting. However, these are relatively brief and only concern companies that have an obligation audit and thus also the obligation to compile an annual report. The law says that such companies should include in their annual report not only information about the company's development over the past period, but also about the expected future development. The annual report should also contain information on the company's impact on the environment and on employment, including non-financial indicators and links to data in financial statements. In practice, unfortunately, it often happens that the information provided is limited to the absolute minimum and, for example, the company publishes much more information on its website. We therefore recommend our clients to include everything necessary in the annual report. Whoever reads it will not only have an overview of the company's financial situation, but will also have a better idea of the company's impact on the environment and social factors, as well as significant risks and opportunities that may affect the company's business. (Peter Nemečkay, kpmg.com)