What are the implications of the EU regulation on sustainability reporting for SMEs? Dr Jonas Löher answered this question at the event "Sustainable Finance – How the EU taxonomy affects SMEs " of the IHK Südlicher Oberrhein in Freiburg.
Even if smaller companies still need to be obliged to do so by law, as suppliers, they already must provide their significant customers with a range of information on their sustainability. At the same time, small and medium-sized enterprises are confronted with a greater need for information from their financing partners, as banks and savings banks are increasingly required by the supervisory authorities to consider sustainability aspects when granting loans.
