GBP Monitor June: More than Half of the Companies Implement Environmental and Climate Protection Measures but Financial Targets Dominate in Measuring Success |

Türkisfarbene Mappen liegen auf einem schwarzen Tisch. Die Mappe haben die weiße Aufschrift "SFB/Transregio 266, Accounting for Transparency".

What do companies do to reach the so-called ESG goals that means environmental, social and governance goals? The latest report of the German Business Panel (GBP) shows a mixed picture: 52 percent of all companies say that they are advocate for environment and climate protection. However, for only 15 percent of those companies non-financial key figures are central criteria for their strategic direction.

Among others, this topic is on the agenda of the forum “Green transparency or data jungle?” which takes place on Tuesday, 13 June at the University of Mannheim. Like the GBP monitor, the forum is part of the Collaborative Research Center (CRC) TRR 266 “Accounting for Transparency”, the funding of which has just been extended by the German Research Foundation.

In January, the new EU sustainability reporting directive has entered into force. Companies now have to comply with more reporting regulations in the field of climate and environmental protection, social justice and governance. The reporting of many medium-sized companies will also have to be externally evaluated. The June report of the GBP explains if and how the tendency to be more aware of ESG measures influences company decisions.

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GBP Monitor June: More than Half of the Companies Implement Environmental and Climate Protection Measures but Financial Targets Dominate in Measuring Success

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