Implementation of the CSR-Directive with a Sense of Proportion – Draft for Implementing the Directive 2014/95/EU

In its comments on the ministerial draft statute for transposing the CSR-directive into German law, Deutsches Aktieninstitut welcomes the freedom of choice for companies to prepare a separate non-financial report instead of the non-financial statement. However, the plan to add consumer issues to the non-financial reporting obligations, should not be pursued. Also the concept that all non-financial information have to be submitted within the non-financial statement creates problems.