Pivotal Point: STEM Competence - Sustainability Requirements Impacting SMEs

Pivotal Point: STEM Competence - Sustainability Requirements Impacting SMEs
August 1, 2023
Insights overview

Medium-sized companies are facing demanding regulations on sustainability from the EU and German lawmakers. Many mid-sized companies are still unprepared for these changes. From 2025, companies with 250 or more employees, a turnover exceeding 40 million euros, and a balance sheet total of 20 million euros must provide detailed information on their sustainability aspects in the management report. Additionally, there is a preliminary draft of an EU Supply Chain Act for these companies.