On January 24, AmCham Sustainability Committee hosted Katarzyna Szwarc, High Representative of the Ministry of Finance for Strategy of Capital Market Development, to discuss new initiatives developing sustainable finance in Poland and ideas supporting companies’ non-financial/ESG reporting as essential to build trustable ESG datahub.
The Polish Ministry of Finance has initiated a project to develop sustainable finance in Poland, whose primary goal is to leverage development opportunities for the Polish capital market towards climate neutrality. The project will help identify the strengths and potential challenges of the Polish capital market and will formulate a catalog of action recommendations for entities serving and developing sustainable financial products in Poland. The Polish Sustainable Finance Platform will be established as part of the project. We have discussed the status of the project, the role of ESG reporting and its impact on sustainable development in Poland, and potential cooperation between businesses and the Ministry of Finance.