"Chaotic", non-transparent, and even undemocratic: The European Trade Union Confederation and other associations are heavily criticizing the EU Commission's omnibus legislative procedure.
By Marc Winkelmann
The initiative by four federal ministers to weaken corporate reporting obligations has polarized opinion. While the industry welcomes the proposals, critics criticize the timing and the consequences.
By Till Hoppe
The German government only wants to allow auditors to certify CSRD reports – and could be in breach of European law with this plan, according to one law firm.
By Marc Winkelmann
Germany has missed the deadline for the CSRD directive – now the EU is pushing for more speed. The government, on the other hand, would rather soften the criteria.
By Marc Winkelmann
For the new financial year, the first companies will have to prepare sustainability reports in accordance with EU standards. It remains to be seen whether there will be further relaxation of the reporting obligations. Furthermore, the standards are not yet complete.
By Leonie Düngefeld
The European Financial Reporting Group (EFRAG) is drafting new standards for sustainability reporting requirements. These requirements, however, would benefit the environment less than the consulting industry, as it would enable the latter to acquire new customers, according to VDMA’s Sarah Brückner.
By Redaktion Table
