Digital IT transformation in sustainable development reporting in Poland

Abstract

Investments in the environment, society, and governance (ESG) have increased significantly, and the number of global assets managed sustainably has more than doubled over the past decade. This trend is expected to continue until 2030. Such financial data is positive, but given the United Nations’ statement on the “climate crisis” and “climate survival” in contemporary society, further acceleration of ESG investment growth is necessary. There has been a lot of negative feedback on ESG in recent years. The key message is that ESG frameworks and guidelines are not problematic; rather, the problem lies in practical decision-making in companies. The importance and obligation to report on ESG activities is growing. The problem is not only the awareness of everyday activities but also the IT and AI tools that can help entrepreneurs collect and report good practices. This article, reviewing available market results, provides a basis for further empirical research on the actual scale of non-financial reporting.