Code reform 2022 highlights importance of ESG

Following an extensive consultation process and thorough consideration by the Regierungskommission Deutscher Corporate Governance Kodex, the amended Code has been submitted to the Federal Ministry of Justice for review and has been published in advance on the website of the Government Commission ( Environmental and social sustainability shall be taken into account in the management and supervision of listed companies. In addition, the Financial Market Integrity Strengthening Act (FISG) and the Second Leadership Positions Act (FüPoG II) require further adjustments to the German Corporate Governance Code (GCGC).

220517 Press Release

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