The Forum for Responsible Business and Smart Kolektiv organized a webinar on non-financial reporting on Friday, November 6, 2020, as part of the “SDGs for All” Platform.

Under the SDG 12 of the UN 2030 Agenda – Responsible Consumption and Production – the sub-objective 12.6 is specific to the business sector as it encourages companies, especially large and international ones, to adopt sustainable practices and integrate sustainability information into their reporting cycle. In other words, this sub-objective emphasizes the importance of integrating sustainability information into reporting cycles and is measured by the number of companies that issue sustainability reports.

The purpose of the webinar was to acquaint companies with the importance that non-financial reports can have for the improvement of their businesses, i.e. with the novelties brought by the amended Law on Accounting, as well as to present examples from the practice of companies with many years of experience in reporting. As experience has shown, companies that adopt this type of reporting can significantly improve their environmental performance, set desired goals and improve their businesses. 

The following panelists spoke at the webinar: Aleksandar Janjušević, Head of the Accounting and Auditing Department at the Ministry of Finance, Tijana Koprivica, Director for Sustainable Business at Delta Holding Neven Marinović, Executive Director of the Forum for Responsible Business and Milica Mišković, Program Manager of the Forum for Responsible Business.

One of the key conclusions was that Serbia has a challenging task to increase the number of companies that produce non-financial reports and that the purpose of such reporting is not merely to meet legal requirements but to better address and manage social and environmental challenges and build stronger bonds with the communities. 

You can watch the video of the webinar via the following link: https://event.webinarjam.com/go/replay/66/koqgqbzgfw8czvu1

The webinar was organized within the Platform “SDGs for All” which is supported by the governments of Switzerland and Germany and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH as part of the project “Public Finance Reform – 2030 Agenda”. The project partners are the Ana and Vlade Divac Foundation, the Center for Higher Economic Studies, the Belgrade Open School, the Center for Democracy Foundation, the Timok Youth Center and the Belgrade Fund for Political Excellence.