BookRix

In the 21st century, businesses are under increasing pressure to operate transparently, ethically, and sustainably. Two major forces are shaping this new business paradigm: International Financial Reporting Standards (IFRS) and Environmental, Social, and Governance (ESG) principles. Historically, financial reporting and sustainability were managed separately, but today, the boundaries are dissolving.

Investors, regulators, and consumers are demanding more than just balance sheets—they want to know how businesses affect the planet, treat people, and govern themselves. IFRS provides the globally accepted framework for financial transparency, while ESG addresses the ethical and sustainability dimensions of business performance. Together, they are redefining corporate accountability.