
Kestlikkusaruandluse kohustus lükkub kaks aastat edasi
Sustainability reporting obligation postponed by two years
Valitsus otsustas lükata edasi kestlikkusaruandluse kohustust mõnele ettevõttele. Samal ajal töötatakse Euroopa Liidus aruandluse lihtsustamise nimel.
The government decided to postpone the sustainability reporting obligation for some companies. At the same time, efforts are being made in the European Union to simplify reporting.
Sustainability reporting is an old idea that does not align with our efforts to reduce reporting and regulations. The fact that reports do not need to be prepared does not mean that some parts are not useful. Companies do this voluntarily. It gives consumers confidence and improves the company's reputation, said Finance Minister Jürgen Ligi. The sustainability reporting obligation is postponed for companies that were supposed to start in 2026 or 2027. This affects about 300 Estonian companies: small and medium-sized enterprises, insurance companies, and smaller banks. Large companies must submit reports starting in 2025, and this will not change. During the period when the obligation is not in place, the European Commission will look at how to simplify reporting. Estonia aims to make reporting voluntary. If this is not successful, reports should be submitted no more frequently than every three years. The Estonian Chamber of Commerce and Industry is pleased that the reporting obligation is postponed by two years. Director General Mait Palts said that this is a good change that significantly reduces the workload for companies. The government's quick decision helps create clarity that companies do not currently need to prepare to make reports. We also hope that the Riigikogu will quickly adopt the law before Midsummer Day. Then companies will have certainty and can focus on their core business, added Palts.