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SUSTAINABILITY REPORTING: A GATEWAY TO GREEN PROFIT

12 Jul 2023

European Union Intellectual Property Office (EUIPO) and the European Federation of Accountants and Auditors (EFAA) explain that sustainability reports are key for businesses that seek to showcase their environmental and social impact.

Watch this insightful video, “Sustainability Reporting: A Gateway to Green Profit” from EUIPO and EFAA as they explain that sustainability reports are key for businesses that seek to showcase their environmental and social impact. They also stress that these reports attract customers and investors too, given that environmental and social responsibility is a monetisable resource. Similarly, accountants also embrace intellectual property, and are in certain cases a first source of basic IP advice. Understandably the latest Green EU trade marks – 2022 update shows an increase of registered ‘green’ trademarks over recent years, an increase that is set to continue.

EFAA experts also highlight that EU rules are changing fast and that sustainability reporting will, in the near future, become mandatory for those businesses (large EU companies and SMEs) that have to report on their value chain.

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