Since the financial year 2017, certain companies across Europe have been required to disclose sustainability information. This study takes a look at the reporting practices of around 250 large capital market-oriented companies in Germany regarding the environment and climate. The extent, depth and quality to which companies reported on various environmental issues is examined in this study, which also evaluates the company reports published to fulfill the reporting obligation for the years 2018 and 2019. It concludes that due to missing or unclear legal requirements, there are often still large gaps in the reports. However, it also shows that there are already many examples of good reporting practice. Based on the empirical study, concrete recommendations are made on how the reporting obligation can be further developed in the interests of environmental and climate protection.
Link to publication