ESG is an abbreviation for environmental, social and governance criteria that help to provide transparency on a company's sustainability performance.
In addition to regulatory compliance, the purpose of an ESG system is to enable investors and financial institutions to assess the performance of companies from a sustainability perspective, taking into account how they address environmental, social and governance challenges.
Legal obligations
Law CVIII of 2023 requires large companies to prepare a sustainability and ESG report. The law includes a sustainability due diligence requirement, which obliges companies covered by the law to screen their suppliers for potential human rights and environmental risks. The ESG Act applies to large EU companies where the average number of employees in a given financial year exceeds 500 (250 from 2026) and any 2 of the following 3 indicators exceed the thresholds: - the balance sheet total exceeds HUF 6 billion, and/or - the annual net turnover exceeds HUF 12 billion, and/or - the average number of employees during the financial year exceeds 250. Small and medium-sized enterprises (SMEs) that qualify as a public interest entity (PIE) will have to report their sustainability performance for the first time in 2027, based on their 2026 data.
Our ESG solutions for large companies and SMEs
SETTING UP A RISK MANAGEMENT SYSTEM
In addition to developing the framework and associated processes, we offer a solution for the design and operation of your company's risk management system.
SETTING PREVENTIVE AND CORRECTIVE MEASURES
We develop preventive and corrective measures within the company's own business scope.
REDUCING THE CARBON FOOTPRINT
We use our WaMeWo platform to identify production and energy losses and make recommendations to reduce them.
Our solutions optimised for large enterprises
PROVIDING A COMPLAINTS HANDLING PROCEDURE
We develop and operate an internal and external complaints handling system tailored to the company's own operational parameters.
INTERNAL LIABILITY STRATEGY
We develop a strategy that complies with legal requirements and implement it into business processes.
SETTING PREVENTIVE AND CORRECTIVE MEASURES
We develop preventive and corrective measures within the company's own business scope and for its direct suppliers.
DECLARATION OF DIRECT SUPPLIERS TAKING INTO ACCOUNT ESG ASPECTS
We introduce a common methodology for collecting and processing direct supplier data and implementing this data into the risk management system.
Our SME-specific solutions
SETTING UP AN ESG DATA REPORTING SYSTEM
We ensure the identification of ESG metrics and the development of a monitoring system, tailored to company- and industry-specific customer needs.
MEASURING CARBON FOOTPRINT PER PRODUCT
Our WaMeWo platform is a unique solution on the market for measuring and collecting electrical consumption data per customer or even per manufacturer. We also provide measurement and monitoring of energy consumption per customer and per product.
What does ESG stand for?
ESG is an abbreviation for environmental, social and governance criteria that helps to provide transparency on a company's sustainability performance. - The environmental criteria assess the company's relationship with the natural environment. - The social criteria examine the company's relationships with employees, suppliers, customers and communities. - Corporate governance criteria assess the quality of a company's management. We are available to provide ESG services to small, medium and large corporate clients. For more information and consultation, please contact us by e-mail at info@indeveyes.com or call +36 70 613 3842.