Deutsches Aktieninstitut participates in the consultation on the taxonomy report of the Technical Expert Group (TEG). Deutsches Aktieninstitut demands that all sectors and industries affected by the taxonomy be included in the debate. The focus on the company perspective is essential for a widely accepted taxonomy. In addition, a practicable taxonomy requires a holistic and comprehensive approach that fits into the present European legal framework.

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In the context of the revision of the German Sustainability Code (DNK), Deutsches Aktieninstitut opposes additional reporting and documentation requirements for companies. When defining materiality, flexibility and proportionality should be the guiding principles. Deutsches Aktieninstitut takes a critical view of a description of how companies have identified the key issues and risks of their sustainability strategy. A detailed industry-specific specification of key topics and indicators should ...

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The European elections are coming up. The European Union is exposed to multilateral and complex challenges ranging from the rise of populist and EU sceptic movements over Brexit to the question on how the EU can maintain and strengthen its competitiveness in a vastly changing world. In its latest paper on Europe “Europe can deliver!” Deutsches Aktieninstitut commits itself strongly to Europe. We are convinced that the European Union will successfully cope with the forthcoming challenges ...

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After the European Parliament’s decision to postpone the joint vote of the ECON and ENVI committees on the EU Commission’s proposal for a sustainable finance taxonomy, Deutsches Aktieninstitut has again hinted the Committee-members at the concerns of listed companies. While Deutsches Aktieninstitut generally welcomes the EU Commission’s legislative proposal, it opposes the parliamentary position of extending the taxonomy’s scope of application as well as the promotion of a “green” ...

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In its letter addressed to both the ECON and the ENVI committee of the European Parliament on the occasion of the joint committee-debate on the development of a sustainable finance-taxonomy, Deutsches Aktieninstitut warns of the implementation of any new non-financial reporting requirements ahead of a thorough the assessment of the Commission’s fitness check on public reporting for companies. Moreover, Deutsches Aktieninstitut criticizes a potential discrimination of traditional while ...

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Deutsches Aktieninstitut supports the overarching aims of Commission’s Action Plan on Sustainable Finance. However, we do see some legislative plans and practical transposition-measures as problematic. Our concerns relate among others to the composition of the ‘Technical Expert Group on Sustainable Finance’ (TEG) in which industrial companies are clearly underrepresented. In addition, we see the absence of addressing conflicts of interests between different ESG-goals as well as a certain ...

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Institutional investors increasingly integrate environmental, social and governance (ESG) into the assessment of business and strategy of portfolio companies. This trend is documented in this survey conducted by Deutsches Aktieninstitut and Rothschild & Co. It is based on interviews with institutional investors managing a total of 14.4 trillion assets. A high number of original quotes from different investors allows readers to form an own opinion.

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A consistent finalization of the Capital Market Union, purposeful action for a sustainable economy and the strengthening of European companies in international competition: These key issues form the focus of today's published European paper entitled "Restarting Europe". Kick-off in Brussels: Around three weeks before the new EU Commission takes office, Deutsches Aktieninstitut presents proposals for action to ensure that issues such as the Capital Market Union, sustainability and a stronger ...

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Europe is facing major challenges. But only politics and the economy together will be able to solve them. The title of Deutsches Aktieninstitut’s newly published European paper reads „Europe can deliver!“. It focuses on the Capital Markets Union, European competitiveness and a sustainable economy. „Companies as well as government institutions use capital markets to finance their investments. Capital markets thus represent the financial basis for economic growth and employment. A ...

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