ESG Report 2023: BDO in Ukraine continues its path to sustainable development

We prepared and published our first ESG report in 2014. In 2021, the BDO global network signed the NZFSPA Net-Zero-BDO, raising our ESG responsibility to a global level.

The main sections of the ESG Report from BDO in Ukraine for 2023:

• Environmental section (E): BDO in Ukraine is actively working towards achieving Net Zero goals, planning to reduce its carbon footprint to net zero level. The Report outlines ambitious plans for 2024, including greening projects near the company’s offices. The Report also provides a detailed analysis of the carbon footprint deriving from the company’s operations, and the use of cloud storage. In addition, the results of employee surveys on environmental initiatives for 2021 and 2023 are presented in this section.
• Social section (S): BDO in Ukraine implements numerous social initiatives, including pro-bono projects and charitable assistance. The Report provides information regarding the support for employees in the current circumstances in Ukraine and the measures to improve their mental health and emotional well-being. Special attention is paid to gender balance and BDO’s participation in the Ukraine Business Compact. The results of employee surveys in 2021 and 2023 are also included in this section.
• Governance section (G): BDO’s strategic leadership principles include the use of Artificial Intelligence tools to increase employee productivity, risk management in the new reality and membership in various associations and partnerships. The Report also highlights the company’s business model and sustainability goals. Comparison of the results of employee surveys for 2021 and 2023 helps to assess the effectiveness of management initiatives.

The Report includes a comparison of the results of employee surveys for 2021 and 2023, which helps to assess the effectiveness of the implemented initiatives. 

In general, the 2023 ESG Report of BDO in Ukraine demonstrates the company’s comprehensive approach to sustainable development, with a focus on environmental responsibility, social support and effective management.

What is an ESG Report?

The Report is the result of our team’s daily work. The main purpose of the Transparency Report is to provide stakeholders with clear and reliable information about the company, its strategies and results. It promotes openness and interaction with customers, investors, government agencies and other stakeholders. Such a report helps to increase trust in the company and contributes to building a sustainable and efficient business. We operate in a way that not only does not harm but also benefits the community and the environment. 

An ESG report is a comprehensive document that contains information on:

• E - Environmental 

Environmental issues. It includes measures to reduce the environmental impact, such as reducing the CO₂ emissions, waste management, use of renewable energy sources, protection of natural resources, etc.

• S - Social 

Social aspects. It refers to the relationship between the company and its employees, customers, suppliers and communities. It includes initiatives to support employees, charitable initiatives, promoting diversity and inclusion, improved working conditions and social responsibility.

• G - Governance 

Governance issues. It includes corporate governance, strategic planning, ethics, reporting transparency, risk management and compliance.

Transparency and responsibility

In these challenging times for Ukraine, we are focusing on the principles of sustainable development to help our clients and partners overcome the difficulties of today and participate in the country’s recovery.

BDO in Ukraine is always committed to transparency and openness in its operations, and we will continue to work on improving our reports to meet the highest standards of corporate responsibility and sustainable development.

We invite everyone to read our new ESG Report to learn more about the company’s sustainability and corporate responsibility efforts.

If you have any questions or need advice, please do not hesitate to contact us. We are always happy to provide additional information and discuss opportunities for cooperation. Your feedback and suggestions will help us to improve our initiatives and achieve better sustainability results.