Why the cabinet passed the CSR guideline and why it is now threatening a wave of lawsuits

CSRD cabinet resolution: Comment of the BNW

The recently adopted cabinet decision on the CSR guideline is an important step in the right direction. An EU contractual infringement procedure was thus averted. Nevertheless, the way this decision was made leaves a few questions. Without sufficient discussion, right before the summer break and accompanied by statements by the Ministry of Justice, the bureaucracy and sustainability play against each other again. Yes, it is emphasized that human rights and the environment should be protected, but only if it does not have any additional tasks? This attitude may still work, but in the future Germany could be exposed to this setting of a wave of action as a business location.

The Federal Association of Sustainable Economy (BNW), like many other associations, has repeatedly campaigned for the liberalization of the test market. Unfortunately, our message has not arrived at the Ministry of Justice. Instead, the monopoly position of the so-called Big4 companies was strengthened. Instead of relying on fair competition, bottlenecks and possible additional costs are now threatened.

If there is no open parliamentary debate on the CSRD, the government has again failed to set a sign of human rights and climate protection. Instead of constantly working for yesterday's economy, we should finally start to campaign for future -proof economic models.

The importance of the CSRD cabinet decision for the community

This CSRD cabinet decision has far-reaching effects on the entire community. Transparent compliance in the area of ​​corporate social responsibility (CSR) is an important step to promote human rights and environmental protection in companies. With this measure, Germany sends a signal to international investors and business partners that it is a responsible economic nation. By working for stricter guidelines and test procedures, we can ensure that companies act sustainably and take responsibility for their effects on society.

The opening of the test market is another crucial element of this decision. Due to the competition among various examination companies, the quality of reporting can be improved and possible grievances can be uncovered. This creates trust in the integrity and transparency of companies.

It is important to emphasize that the CSR directive not only benefits the company, but also to the employees, consumers and society as a whole. The inclusion of social and ecological aspects in entrepreneurial decisions contributes to sustainable development and strengthens the public's trust in the economy.

outlook on the future of the sustainable economy

The CSRD cabinet decision marks a step in the right direction, but there is still a lot of work ahead of us. In order to build a really sustainable and responsible economy, we have to show an open and continuous commitment to environmental and human rights issues. Individual organizations such as the Federal Association of Sustainable Economy (BNW) play an important role in bringing the voice of the progressive companies to the political arena.

It is time for Germany to promote the economic models of the future and no longer rely on outdated approaches. The combination of ecological and social responsibility with economic success is the key to a sustainable and inclusive future. The decisions we make today will lay the basis for future generations.

press contact:

Joscha frost

press@bnw-bundesverband.de

Tel.: +49 152 53088545

Federal Association of Sustainable Economy e.V.

The Federal Association of Sustainable Economy (BNW) is an independent corporate association that has been promoting environmental, climate and social sustainability aspects since its foundation in 1992. With over 700 member companies, the association represents more than 200,000 jobs. Both large companies as well as medium-sized companies, Cleanetech start-ups and social relapers are represented in this cross-sector network.