Articles

• PROJECT CONTROLLING in the service of grants

  1-12

  Judit Nemessályi-Bistey

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  59

  Since our country’s accession to the European Union, we refer to project implementation when a (business) development activity is carried out using European Union funds and financial support. For the 2021–2027 period, Hungary has access to a cohesion fund budget of more than EUR 26,135.7 million, including national co-financing. The total amount of funding available to beneficiaries is approximately HUF 10,000 billion. However, for these available resources to truly contribute to Hungary’s economic and social development, numerous grant projects must be initiated and successfully implemented. The aim of this study is, on the one hand, to present the process, tools, and significance of project controlling through a case study—the implementation of the Supporting Youth Entrepreneurship in the Northern Great Plain Region project—highlighting the essential components of project success. On the other hand, it seeks to emphasize the role of project controlling in ensuring the efficient utilization of significant financial resources.

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• Examination of measures taken to achieve social sustainability

  13-20

  Eszter Maklári

  Veronika Fenyves

  Views:

  65

  The concept of sustainability is associated with Lester Russell Brown, founder of the Worldwatch Institute and the Earth Policy Institute, who mentioned the concept of sustainability in his 1981 book Building a Sustainable Society, which deals with the realization of a sustainable society. The concept of sustainable development was first formulated in the UN's Brundtland Report, Our Common Future, in 1987. The report defined sustainable development as taking into account environmental, social, and economic pillars and their interactions. Today, financial experts and investors place great emphasis on environmental, social, and corporate governance aspects in addition to financial performance when evaluating companies. By preparing and publishing sustainability reports, companies help stakeholders make informed decisions. In order to improve sustainability indicators, the decision-making bodies of the European Union support the publication of such documents and the extension of the obligation to prepare them to as wide a range of companies as possible. In November 2022, the European Parliament adopted the Corporate Sustainability Reporting Directive (CSRD). Various standards have been developed over the years to improve the quality of sustainability reports and to make companies' sustainability efforts more comparable. The data points of the European Sustainability Reporting Standards (ESRS) describe the information and data that must be disclosed in relation to a company's environmental, social, and governance sustainability issues, provided that the topic in question is considered material according to the reporting company's double materiality analysis. The study presents the points belonging to the social pillar of the ESRS, supported by examples from companies' published sustainability reports.

  pdf (Hungarian)

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