(Opinion by Mihaela Croitoru, CEO Sustainability Lens) Over the past few years, ESG ratings have become an important tool in the relationship between companies, investors, financial institutions, and supply chains. They are used to assess sustainability performance, support supplier selection processes, inform investment risk analysis,...

Following the release of the Omnibus package on sustainability legislation, the dominant market reaction was predictable: “Sustainability reporting is no longer relevant to us.” For most companies in Romania, this conclusion is largely correct. The number of businesses required to report sustainability information has...