Why Ruse SMEs should pay attention to the new ESG regulations

In today's business environment, sustainability and social responsibility are transformed from fringe benefits to essential requirements for success. The new ESG (Environmental, Social, and Governance) regulations in the European Union set new standards that every small and medium-sized enterprise (SME) must comply with in order to remain competitive and responsible to society and the environment.

Environmental responsibility brings competitive advantage

ESG regulations emphasize the importance of environmental sustainability by obliging companies to reduce their carbon emissions, manage their waste more efficiently and use sustainable resources. Ruse SMEs that accept these challenges will not only meet regulatory requirements, but also improve their reputation among customers who increasingly value environmental responsibility.

Social responsibility strengthens the community

The social aspect of ESG focuses on managing relationships with employees, suppliers, customers and the general public. Improving working conditions, protecting workers' rights and supporting the community not only help comply with new regulations, but also help SMEs attract and retain talent and build strong relationships with customers and the local community.

Management transparency guarantees trust

The governance component of ESG requires companies to be transparent in their operations, financial reporting and decision-making. This includes effective risk management and corporate ethics, which not only facilitates compliance with legal requirements, but also builds trust between the business and its investors, customers and other stakeholders.

The upcoming training: Your opportunity to prepare

Understanding and adapting to new ESG regulations can be challenging, especially for SMEs. Therefore, the Rousse Chamber of Commerce and Industry in partnership with denkstatt Bulgaria organized a two-day training aimed at facilitating the transition to the new standards. This training will provide participants with in-depth knowledge and practical skills to integrate ESG practices into their strategies and operations, while supporting their development and growth.

Don't miss this unique opportunity to be at the forefront of sustainable development and contribute to creating a better future for our community and environment. Register now for the training on 14 and 15 March 2024 and take the first step towards transforming your company in response to the new ESG regulations.