Current Issues in ESG Reporting in the Context of Agriculture

ESG reporting is becoming more prevalent in practice. More and more companies are creating and monitoring environmental, social andgovernance indicators. This gives them a better chance of succeeding not only on the domestic market but also on international markets. A company’s activities also have an impact on its surroundings and strong relationships are important for the successful development of business operations. A positive assessment of a company contributes to its long-term stability. Current ESG reports are undergoing a process of development and therefore differ from company to company. In our research, we focused on the trends, challenges and opportunities associated with the implementation of ESG in the agricultural sector. This study presents relevant taxonomy and legislation from the perspective of the European Union and Slovakia. We also focused on the implementation of ESG in the business environment and the reporting process. In the near future, agricultural enterprises can expect changes and adjustments to ESG reporting requirements. They should use the current transition period to adapt their enterprise information systems and create the necessary processes and tools for effective ESG reporting.