{"id":780407,"date":"2023-05-24T00:34:47","date_gmt":"2023-05-23T21:34:47","guid":{"rendered":""},"modified":"2023-05-24T00:42:09","modified_gmt":"2023-05-23T21:42:09","slug":"bdo-v-ukrayini-publikuye-hroniky-bdo-2022-2023-365-dniv-stijkosti","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/bdo-v-ukrayini-publikuye-hroniky-bdo-2022-2023-365-dniv-stijkosti\/","title":{"rendered":"BDO in Ukraine publishes BDO Chronicles 2022-2023: 365 Days of Resilience"},"content":{"rendered":"

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A year ago, the world was shaken by a new crisis caused by the russia\u2019s military invasion of Ukraine, which undermined the stability of many countries around the world. The war in Ukraine exposed the weaknesses of the global economy and showed that the world is fragile and needs greater unity and partnership to face global challenges and ensure the goals of sustainable development. <\/em><\/p>\n

The invasion of Ukraine has raised several important ESG issues at the global level: the independence of countries in terms of renewable energy sources, human rights violated by russia\u2019s unprovoked attack, and the declining credibility of governments of russia and belarus.<\/p>\n

What ESG factors are currently relevant for the Ukrainian business?<\/em><\/strong> Since the first days of the war, the social component<\/strong> (S)<\/strong> has been at the forefront for all companies. Businesses are working together to support the population of Ukraine and the country. In addition, the war has significantly exacerbated environmental issues (E),<\/strong>and experts provide more and more staggering data on the consequences of the war for the environment. It may seem that corporate governance (G)<\/strong> is not a priority today, but it is the successful and effective management of internal processes and risk controls that has allowed Ukrainian executives to keep their businesses afloat.<\/p>\n

Today, adherence to the ESG strategy is more important than ever for Ukraine and Ukrainian businesses. When developing the post-war reconstruction concept, it is necessary to consider which factors make Ukraine the most attractive for investment in terms of its long-term sustainable development. Global statistics show that investors take into account the ESG factors of an entity they are considering as an investment option. Therefore, if Ukrainian businesses do not consider this fact, raising capital will be much more expensive or even impossible.<\/p>\n

ESG is not something that is imposed from outside, but a risk management system, a guarantee of the interest of investors, employees and customers. And, therefore, it is about profit, reputation, and development.<\/p>\n

In \u201cChronicles of BDO in Ukraine 2022-2023: 365 Days of Resilience\u201d<\/a><\/strong>, we will talk about the year of the war and its impact on our company and Ukraine as a whole.<\/p>\n

\u201cChronicles of BDO in Ukraine 2022-2023: 365 Days of Resilience\u201d<\/strong> contain three sections: Environment, Social and Governance<\/strong>. These key ESG criteria reflect how focused the company is on the strategic development during the war and readiness for the post-Victory reconstruction. We will pay attention to each area so that readers can consider the impact of the war from different angles and rethink the meaning of the ESG values it has shaken.<\/p>\n

In the Environment<\/strong> section we talk about:<\/p>\n