Positions

Urgent call: Stop the EU Corporate Sustainability Due Diligence Directive!

Europe’s economic base is eroding

Europe is losing economic substance. In an open letter to the EU Commission and the European Parliament, our Foundation makes suggestions on how to stop the flood of regulation.

CSRD – avoid excessive red tape and make family businesses more competitive and innovative!

The European Commission’s proposal for a Corporate Sustainability Reporting Directive (CSRD) published in April 2021 and currently being discussed by the Parliament and the Council, seeks to take companies’ sustainability reporting to the next level.

Increasing the resilience of family businesses

Germany has suffered a major reform backlog over the past decade. Although there have been some attempts to improve the situation, the country has fallen behind in terms of competitiveness. 

Wealth tax

Internationally, wealth tax is becoming obsolete. Over the past three decades, numerous countries that once levied a wealth tax have abolished it (e.g. Austria, Denmark, Italy, the Netherlands and Sweden).

Sustainability yes, bureaucratic monster no

The EU is planning new sustainability reporting requirements. However, family businesses are keen to invest their capital in mitigating climate change rather than spending it on unnecessary bureaucracy. The Foundation for Family Businesses is lobbying for this in Brussels.