2024 Sustainability Reporting Requirements for German SMEs

In the beginning of 2023, the implementation of the Act on Corporate Due Diligence for the Prevention of Human Rights Violations in Supply Chains represented a significant milestone for German businesses. It marked the first instance where German SMEs were legally required to ensure the protection of human rights throughout their international supply chains.   […]

How to Improve Your CDP Rating in the new era of a global disclosure system


Introduction: CDP and EFRAG are teaming up to accelerate the adoption of European Sustainability Reporting Standards (ESRS).  These standards, endorsed by the European Commission in July 2023. With EFRAG providing technical expertise, CDP will align its disclosure system with ESRS, offering webinars and guidance materials for over 23,000 companies. ESRS applies to around 50,000 businesses […]

5 Strategies to Anticipate and Address Future Challenges’ ‘Preparing for ESRS Reporting Standards.


Introduction: First of all, in a recent European Parliament vote, the European Sustainability Reporting Standards (ESRS) received strong support, defeating a motion to limit their scope. These new sustainability reporting rules will apply to approximately 50,000 companies starting in January 2024, with sector-specific reporting temporarily delayed due to concerns from the private sector.     […]