Philip Dickemann

2024

Following the conclusion of the UN Climate Change Conference COP28, sustainability and environmental protection have become increasingly prominent topics, as has ESG reporting. The introduction of new measures, such as the EU's Corporate Sustainability Reporting Directive (CSRD), which will become mandatory for large companies next year and gradually for smaller companies, is also contributing to this. The aim is to enhance comparability in ESG reporting among companies and increase awareness of ESG reporting in general. This will require more companies to disclose this information. This paper analyses the current ESG reports of the DAX 40 companies prepared under the Non-Financial Reporting Directive (NFRD). The aim is to provide a data basis for later comparisons after the introduction of the CSRD and to enable the objectives of the CSRD to be reviewed, namely greater transparency and comparability between companies. The study aims to expand the internal factors that could impact reporting by analyzing new factors not yet considered in the literature. Specifically, it will focus on the position of the Chief Sustainability Officer in companies and its effects on sustainability reporting.