WHAT IS ESG? WHAT DOES THE CSRD DIRECTIVE CHANGE?

Entrepreneurs encounter the abbreviation ESG more and more often. Do you need advice in this area? Want to clarify key concepts and find out what they mean to you? You are at the right address. In the following article, we will practically explain everything. In recent years, the European Union has stopped pursuing purely fiscal interests and goals. In recent years, he has focused his attention also on the sustainable development of the environment. As a result of these activities of the European Union, the term ESG is starting to be used more and more, especially in business relations. This will have a major impact for entrepreneurs in the future. Our office provides legal services in the field of commercial law, including on an international scale. We are therefore aware that, especially for our large clients, the issue of ESG is very relevant. 

What is ESG and what is its meaning?

ESG serves to assess the non-financial performance of companies. ESG data is the criteria by which socially and ecologically responsible investors are judged.