Analysis

CSRD: Reactions to Germany’s initiative

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Published: December 19th, 2024,
Last updated: January 8th, 2025

Jörg Kukies (SPD, left) and Robert Habeck (Greens, right) are two of the four signatories of the initiative.
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Two days ago, Table.Briefings exclusively reported on a letter from the Federal Ministers of Economic Affairs, Labor, Justice, and Finance to the EU Commission. In it, they call on the EU Commission to postpone the application of the Corporate Sustainability Reporting Directive (CSRD) for companies in the second and third wave by two years. The first phase covers companies that already had to publish sustainability reports in the past and for which nothing should change. In addition, the definition of „large“ SMEs is to be changed so that fewer companies fall into this category.

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Data CSRD Transformation