The coming years will bring a groundbreaking change for sustainability reporting. The CSRD guidelines and ESRS standards establish for the first time a Europe-wide obligation for companies to implement a transparent and holistically anchored sustainability strategy. This change harmonizes the framework for reporting and will affect at least 15,000 companies in Germany alone by 2028. From January 1, 2025, with the first reporting in 2026, medium-sized companies that meet two of the following criteria will also be affected: a) more than 250 employees, b) over €40 million in turnover or c) €20 million in total assets.
Nevertheless, other companies should already be looking at comprehensive management of their sustainability activities.
In our free 45-minute webinar with Felix Pliester from the Terra Institute, we offer you an in-depth insight and all the necessary information on the following aspects:
The German Supply Chain Duty of Care Act (LkSG) marks a turning point in commercial law in that companies are not only responsible for their own actions, but also for compliance with ethical standards along their global supply chain. While the LkSG does not apply directly to small and medium-sized enterprises (SMEs), it does affect them indirectly via their contractual partners. This is because the companies concerned can only fulfill their due diligence obligations in cooperation with their suppliers. For this reason, SMEs are increasingly confronted with requests, information requirements and the delegation of responsibilities on the part of their customers.
We not only want to inform you about the legal requirements, but also show you practical options for action. In our compact free 45-minute seminar with our expert Felix Pliester from the Terra Institute you will get a comprehensive insight into:
