CCRcorp Sites  

The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

Our Sites


A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.


An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.


The “one stop” resource for information about responsible executive compensation practices & disclosure.

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.


Keeping you in-the-know on environmental, social and governance developments

A new article from Clean Energy Wire offers an updated view of sustainability as a German business priority:

“Sustainability issues have slid down the list of German managers’ priorities, a poll by business consultancy Horvath has revealed, reports newspaper Handelsblatt. The green transformation has disappeared from the list of top five challenges of the more-than 750 companies surveyed. Instead, the managers named cost reductions, cybersecurity, skills shortages, digital transformation and securing liquidity. In 2022’s poll, making business sustainable came third. Insiders report that, in the absence of environmentalists’ protests, ‘board members feel vindicated in ‘shifting down a gear’,’ the business daily wrote. Car company Daimler, steelmaker Thyssen-Krupp and cruise companies Aida and Tui Cruises are German examples of the international trend of pulling back corporate sustainability targets and postponing key projects, the article said.

Handelsblatt said there are many reasons for the weakening of sustainability targets. ‘Companies are not keeping up with the technical implementation, and complain about inadequate framework conditions and a lack of green energy. As demand is also currently weak, many fear for their returns.’ Two years ago, the dramatic spike in energy prices and the prospect of rising CO2 costs had pushed sustainability up the priority list, the article said. ‘Now the relative cooling of the energy markets means that the transition from fossil to green is moving down the agenda.’

One manager of a chemicals company told the newspaper that ‘medium-sized companies will be reluctant to achieve environmental targets, partly because a rapid switchover is simply too expensive in the current difficult economic situation. A manager from a mechanical engineering sector, who also did not want to be named, said high investments associated with ambitious climate targets cannot be implemented while many companies are forced to cut employees’ working hours. ‘If you are struggling with other issues due to a fundamentally weak economy, climate protection is simply not the top priority,’ the manager told the newspaper.”

There are probably many U.S. companies that are thinking the same thing, making it critical for sustainability leaders and staff to align their activities with business fundamentals in showing their organizational value. I also learned from the original article in Handelsblatt – I have completely forgotten my German. At one point as a young man, I was almost fully fluent. Today, I can’t even fake the accent.

Our members can learn more about ESG business fundamentals here

If you aren’t already subscribed to our complimentary ESG blog, sign up here for daily updates delivered right to you.

Back to all blogs

The Editor

Lawrence Heim has been practicing in the field of ESG management for almost 40 years. He began his career as a legal assistant in the Environmental Practice of Vinson & Elkins working for a partner who is nationally recognized and an adjunct professor of environmental law at the University of Texas Law School. He moved into technical environmental consulting with ENSR Consulting & Engineering at the height of environmental regulatory development, working across a range of disciplines. He was one… View Profile