ICV Live Webinar: CSRD. Challenges and opportunities for controllers (in German)

Transparency about a company's sustainability performance and ambitions is already an important competitive factor. The Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy reform and significantly expand the sustainability reporting requirement for companies in the EU. The requirements for non-financial information are becoming increasingly similar to the management and reporting of financial data. In the future, companies with 250 or more employees and a balance sheet total of over 20 million euros or a turnover of over 40 million euros will be required to report. With clear and comparable criteria in the management report, which are then subject to an audit obligation as part of the accounting.

It is currently assumed that the CSRD reports will contain around 1,000 ESG data points, many of which are highly relevant to management - given their importance for investors and insurance companies. For example, large listed companies must already report on FY 2024. Many medium-sized companies, regardless of their legal form, will be required to report one year later.

It is high time for companies to prepare well for the implementation of complex reporting requirements. Initial experiences show that this represents a major challenge, but at the same time it is also an opportunity for the sustainability-oriented further development of strategies and control systems in the company. Important topics include, for example, the implementation of a robust double materiality analysis and the associated ecological and social impact measurement along the entire value chain or the integration of ESG risks into risk management.

Controllers can play a key role in the implementation of the CSRD in order not only to fulfill the new disclosure obligations as efficiently as possible, but also to use them effectively for future business success and as a driver of innovation in the company.


Dr. Thomas Wunder is Professor of Strategic Management at the Neu-Ulm University of Applied Sciences. Academic Advisor Sustainability Programs at the EBS University of Economics and Law Executive School and founder and managing director of SustainUp GmbH.

He researches, teaches and advises on the connection between strategy and sustainability as well as the associated transformation processes in companies. For this purpose he has teaching positions at universities at home and abroad.

Previously, he was a management consultant for more than ten years, including six years as managing director in the USA.

Kai Michael Beckmann heads the Center of Excellence for Sustainability at Grant Thornton, where sustainability offerings are bundled and further developed across all business areas. He has almost 20 years of practical experience in ESG auditing and consulting. As a board member of the Arbeitskreis deutscher Aufsichtsrat e.V. (AdAR), where he also heads the ESG specialist committee, he is intensively involved in the area of sustainable governance and the integration of ESG into corporate management and monitoring. He is also a sponsor for the topic of CSR reporting at the UN Global Compact German Network and is active as a supervisory board member at the Zentrum für Wirtschaftsethik ZfW, Konstanz.