With a delay of more than one year, the German legislator has finally transposed the so-called Whistleblower Directive into German law. After the Bundestag gave its approval to the draft law on 11 May 2023 based on the recommendation of the Mediation Committee, it also passed the Bundesrat on 12 May 2023. The law will enter into force one month after promulgation, i. e. in all likelihood in June 2023. ...read more
Environmental Social Governance (ESG)
Sustainable action in companies has long since ceased to be a niche topic. Increasingly, customers, suppliers, investors, employees and the public sector also have high expectations of medium-sized companies when it comes to incorporating sustainability aspects into business decisions. Sustainability is therefore not only important for companies from a risk management and compliance perspective. The transformation to a sustainable company also offers many opportunities and can be a competitive advantage.
The very term Environmental Social Governance, or ESG for short, makes it clear how comprehensively SMEs must approach the topic: In addition to environmental aspects, social components and criteria for responsible corporate management also come into focus.
The fields of action concern the entire business activity as well as the organization of companies and range from the environmentally and climate-friendly as well as energy-efficient alignment of products and business processes to transparent corporate management and control to compliance with human rights throughout the entire supply chain. The economic, legal and tax implications of these factors for the business activities of companies are equally complex. Finally, non-financial reporting and its auditing are also gaining relevance for more and more companies.
There are numerous challenges to overcome when implementing ESG requirements in a company. To achieve the best possible result, interdisciplinary and cross-thematic consulting and a credible audit are therefore required. At Ebner Stolz, you can rely on a team from auditing, tax consulting, legal consulting and management consulting that works hand in hand and develops suitable solutions together with you in all relevant sustainability topics. Together, we will make your company fit for a sustainable future.