With reference to the US Securities and Exchange Commission's (SEC) consultation on climate-related disclosures, we deem it crucial and indispensable that the international dimension is taken into account in the reporting requirements of...
With a "targeted consultation", the EU Commission would like to gain a better insight into the functioning of the ESG ratings market. In our response, we point out that companies are confronted with a variety of different methodologies...
In our position paper on the draft Corporate Sustainability Due Diligence Directive (CSDDD) we reject the proposed civil liability if companies failed to comply with the due diligence obligations. It is impossible for companies to...
The members of Deutsches Aktieninstitut and its French partner association afep follow closely the developments on the future EU Sustainability Reporting Standards and are highly concerned about the working documents released so far by...
Thematic Focus: Sustainability
In a joint letter, more than 40 companies have appealed to the Federal Ministers Buschmann and Lindner to advocate for a process in the final negotiations of the Corporate Sustainability Reporting Directive (CSRD) that enables the...
The members of the Committee on Economic and Monetary Affairs in the EU Parliament have presented their proposed amendments to the regulation of an EU Green Bond Standard. Very significantly, they aim to regulate the entire European...
In our position paper on the Corporate Sustainability Reporting Directive (CSRD), we call for an endorsement process to integrate the minimum standards of the International Sustainability Standards Board into European sustainability...
In their contribution to BOARD, Dr. Christine Bortenlänger and Dr. Uta-Bettina von Altenbockum deal with the status quo of sustainability reporting. Although the EU taxonomy has not yet been finalised, the EU is already working on the...
In April 2021, the EU Commission presented the Corporate Sustainability Reporting Directive (CSRD). The draft provides for the development of European standards for sustainability reporting. Sustainability reporting standards are also...
Deutsches Aktieninstitut welcomes the decision of the IFRS Foundation to locate the International Sustainability Standards Board in Frankfurt. This offers the opportunity to achieve the necessary convergence between international and...
In our letter to Jean-Paul Gauzès, President of the European Financial Reporting Advisory Group (EFRAG), we welcome the orientation of the working paper towards existing international frameworks such as the TCFD. On the other hand, we...
Deutsches Aktieninstitut welcomes the proposed voluntary nature for the Regulation on European green bonds (EU GBS) and the intention to ensure its co-existence with existing green bond standards. Furthermore, we support the alignment of...
Ein zentrales Thema im Bundestagswahlkampf 2021 ist der Klimaschutz. Waldbrände in der Türkei und in Kalifornien, Tornados in Tschechien und Ostfriesland, aber vor allem die Flutkatastrophe an Ahr und Erft haben uns vor Augen geführt,...
The Platform on Sustainable Finance's recommendations to establish a social taxonomy and expand the environmental taxonomy to include environmentally harmful and neutral activities are premature at this point. Companies are currently...
The future German government must work to ensure that sustainability rules are target-oriented, practice-oriented and, if possible, internationally uniform. Dr. Uta-Bettina von Altenbockum and Jan Bremer therefore call for sustainability...
In our comments on the Draft EU Corporate Sustainability Reporting Directive, we advocate that sustainability reporting should follow a legally secure, consistent, flexible and proportionate framework. Such a framework must be embedded...
In our letter addressed to the members of the ECON Committee in the EU Parliament, we stress the legal ambiguities that companies are confronted with in the context of the EU taxonomy, as central terms are not specified. Although the...
In our comments on the Draft EU Corporate Sustainability Reporting Directive, we advocate for including the corporate perspective into the development of new sustainability reporting obligations. A successful transformation process to a...
In their guest article, Dr. Christine Bortenlänger, Managing Director of Deutsches Aktieninstitut, and Dr. Michael Völter, Chairman of the Executive Board of Vereinigung Baden-Württembergische Wertpapierbörse, call for the rules of the...
The market for green financing is booming. Many companies are already using esg instruments for their investments in environmentally and climate-friendly technologies.Together with the Stuttgart stock exchange, we asked financial...
In our statement on the government draft on corporate due diligence in supply chains, we argue that the law should be manageable for companies and it should be implementable in corporate practice. This is the only way to achieve the...
In a letter to EU Commissioner McGuiness, we plead for a postponement of the application date of the reporting obligations to the Taxonomy Regulation. According to Article 8 of the Taxonomy Regulation, companies are required to report on...
On the occasion of the consultation of the German Federal Government Sustainable Finance Council’s Interim Report, Deutsches Aktieninstitut has criticized a lack of confidence in market-economical solutions when it comes to the...
On the occasion of the trilogue negotiations on the EU taxonomy, Deutsches Aktieninstitut expressed its concerns regarding the design of the taxonomy in a letter to the Permanent Representation of Germany to the European Union. Deutsches...
On the occasion of the consultation on Sustainable Corporate Governance held by the EU Commission, Deutsches Aktieninstitut expressed its concerns about the consultation questionnaire and the consultation procedure in a letter to DG...
In the framework of the hearing of the Finance Committee of the German Bundestag, Deutsches Aktieninstitut commented on Sustainable Finance. The complexity of the planned taxonomy specifications will present companies in the financial...
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...
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...
Besides the usual financial criteria, environmental and social topics, as well as corporate governance, are becoming ever more important to institutional investors when valuing companies and making investment decisions. A study released...
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...
Focus: Sustainability
The Deutsche Aktieninstitutwelcomes the opportunity to comment the issue finches for the non-binding guidelines on non-financial reporting. The Commission is supposed to present the guidelines in order to facilitate the disclosure of...
