Applicability of the esg approach in local finance the case of waste management in bulgaria

The Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS), effective from early 2024, represent both a significant milestone and a natural continuation of the EU’s sustainable development policies established over the past 30 years. Bulgarian municipalities are actively engaged in this process, contributing through the conditions established for implementation and their direct participation in various projects, initiatives, and campaigns. This paper aims to explore the interaction between the public and private sectors in reducing the ecological footprint of waste, with a focus on leading Bulgarian organizations involved in waste management. The findings highlight the contributions of both companies and local authorities in raising environmental awareness and implementing circular solutions within the framework of the ESG approach.