{"id":6485,"date":"2024-05-31T12:32:58","date_gmt":"2024-05-31T10:32:58","guid":{"rendered":"https:\/\/www.forethinking.com\/responsible-business-panel-esrs-and-sustainable-innovation-forethinking-drives-esg-innovation-among-smes\/"},"modified":"2024-05-31T12:32:58","modified_gmt":"2024-05-31T10:32:58","slug":"responsible-business-panel-esrs-and-sustainable-innovation-forethinking-drives-esg-innovation-among-smes","status":"publish","type":"post","link":"https:\/\/www.forethinking.com\/en\/responsible-business-panel-esrs-and-sustainable-innovation-forethinking-drives-esg-innovation-among-smes\/","title":{"rendered":"RESPONSIBLE BUSINESS PANEL: ESRS and Sustainable Innovation Forethinking Drives ESG Innovation among SMEs."},"content":{"rendered":"<p style=\"text-align: left;\">The European organization, together with a team composed of companies from several countries, including Forethinking, has finished the consultation phase to define rules for sustainability reporting for listed and unlisted companies.<\/p>\n<p style=\"text-align: left;\"><em>Bari, May 31 <\/em> &#8211; <strong>Forethinking<\/strong>, a research and development accelerator for innovation in sustainability, participated in the <strong>European Financial Reporting Advisory Group (Efrag)<\/strong> working group to identify <strong>Esg reporting principles for SMEs<\/strong>. Efrag launched a public consultation, which ended <strong>May 21<\/strong>, to develop <strong>two draft documents <\/strong> on sustainability reporting standards for <strong>listed SMEs<\/strong> (to come into effect by delegated act in <strong>January 2026<\/strong>) and <strong>voluntary <\/strong> regulatory standards for <strong>unlisted SMEs<\/strong>.<\/p>\n<p style=\"text-align: left;\">Specifically, <strong>Forethinking<\/strong> joined the consultation group that commented on <strong>voluntary sustainability reporting<\/strong> for small and medium-sized companies whose stocks are not listed on the stock exchange. Within the working group, Forethinking created the <strong>\u201cRESPONSIBLE BUSINESS PANEL: ESRS and Sustainable Innovation\u201d<\/strong>, which was joined by 7 companies interested in testing the first sustainability reports based on the concepts being developed within the Efrag Working Group. \u201cWe want to be a spokesperson for a paradigm shift in the way we understand corporate sustainability,\u201d Durante concludes, \u201cWe need a science-based approach so that it is no longer possible to write the report but then not be an active part of real innovation aimed at creating products with an increasingly lower environmental impact.<\/p>\n<p style=\"text-align: left;\">The presentation of the results and Sustainability Reports of the companies participating in the first Panel in collaboration with the Department of Economics and Innovation of the University of Bari at Confindustria Bari is scheduled for June 14.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/forethinking-25457709.hubspotpagebuilder.eu\/panel-imprese-responsabili?utm_medium=email&amp;_hsenc=p2ANqtz-8jQEkL5n2KEI5rxM0Bn6vmcD-pPzCVHT_K1PQsjBeIYENdn8pQ-Va85cUJFKCAaU0wUqufegDNyTjPm7InbLmzteM9hsWl8uCRSqgQjGObNyKmMAw&amp;_hsmi=2&amp;utm_content=2&amp;utm_source=hs_email\">&lt;&lt; To attend the event, you can register here&gt;&gt;<\/a><\/p>\n<p style=\"text-align: left;\">As of today, however, it is possible to apply to join the <strong>\u201cRESPONSIBLE BUSINESS PANEL: ESRS and Sustainable Innovation Edition 2_2024\u201d panel, which will bring 7 more companies to produce their own sustainability report by September 2024. <\/strong><\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/forethinking-25457709.hubspotpagebuilder.eu\/forethinking-panel-seconda-edizione\">Learn more and register<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European organization, together with a team composed of companies from several countries, including Forethinking, has finished the consultation phase to define rules for sustainability reporting for listed and unlisted companies. Bari, May 31 &#8211; Forethinking, a research and development accelerator for innovation in sustainability, participated in the European Financial Reporting Advisory Group (Efrag) working [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6576,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2],"tags":[134,133],"class_list":["post-6485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-esg-en","tag-sustainability-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sustainability reporting (Efrag working group): enterprise panel<\/title>\n<meta name=\"description\" content=\"Forethinking has set up the \u201cRESPONSIBLE BUSINESS PANEL: ESRS and Sustainable 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