Figure 2.
The word cloud illustration consists of two separate sections. The left cloud focuses on regulatory compliance challenges and features prominent terms such as assurance and auditing, double materiality assessment, and E S R S data collection. The right cloud represents resource, and implementation challenges and displays key phrases including insufficient information technology and digital solutions, lack of skilled manpower, and high initial costs and inefficient budget. Word size varies to indicate the frequency or perceived importance of each challenge.Overview of the challenges faced by German companies under CSRD
Source: Author’s own work