COUNTRY UPDATE-Austria: ESG Reporting

Environmental, social and governance (ESG) reporting is a major and evolving regulatory area in Europe. Disclosures play a crucial role in helping the financial sector address climate change and sustainability. They are also being used to address issues such as poor workplace diversity and gender pay gaps. Several jurisdictions have introduced or plan to introduce measures dealing with ESG risks in supply chains.

After an outline of EU legislation, this article provides an overview of ESG law in Austria by Clemens Burian, and Christian Richter-Schöller of DORDA Attorneys at Law. DORDA and its dedicated Sustainability Practice Group are happy to answer any further questions you might have.