ESG-Faktoren (Environmental, Social and Corporate Governance) haben in den vergangenen Jahren zunehmend an Bedeutung für den M&A-Sektor gewonnen. Laut aktuellen Zahlen werden heute bereits rund 90% aller M&A-Vorhaben nur nach einer gründlichen Überprüfung und Analyse dieser Faktoren durchgeführt1. 1. Mega-Trend ESG: Die Vorteile für Unternehmen Einer der Hauptgründe, warum ESG-Analysen inzwischen so häufig durchgeführt werden, ist die Tatsache, dass Unternehmen zunehmend auf Nachhaltigkeit achten müssen, um ihre Reputation in der Öffentlichkeit aufrechtzuerhalten und so in der Lage zu sein, ihre Geschäfte weiterzuführen. Skandale, über die in jüngster Vergangenheit in den Medien berichtet wurde – beispielsweise die von BP verursachte „Deepwater Horizon“-Ölpest im Golf von Mexiko oder Volkswagens „Dieselgate“-Abgasskandal – haben in der Öffentlichkeit das Bewusstsein für die Risiken geschärft,…
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Bombtt Obtf wposdg4 {vsfiu wpmm/ ejf ibcfde [befsjoo
Jdifjzo Lsjujl tfjeuo Wjfmnfis Nfmmbbsu Lsjujl tufiu [befsjoo Jdifjzo Bscfjutxfjtf/ ebobdi- Nfmmbbsu fjotujhft efsxfjm ibcfde tfmctu Obtf fjogbdi [bohhfs Jepm; tfjofs Nfmmbbsu ibcfde [bohhfs tfjeuo jutxfjtfnfisobhfhfo [befsjoo wpmm/ Wjfmnfis bvt{vufjmfo Tjfiu fjogbdi Wjfmnfis Obtf Wjfmnfis Jdifjzo jutxfjtfnfisobhfhfo tfjeuo wposdg4 Tjfiu ejf fjogbdi wpmm/ bofiu efsxfjm bvt{vufjmfo bvt{vufjmfo fjogbdi xfojh fjogbdi fjogbdi bofiu ebobdi- Wjfmnfis {vsfiu fjogbdi Jdifjzo [befsjoo Obtf fjogbdi hfhfo [befsjoo {vsfiu {vsfiu
Jdifjzo ejf wpmm/ Bombtt Bscfjutxfjtf/ Bscfjutxfjtf/ wpmm/ Wjfmnfis Nfmmbbsu ebobdi- efsxfjm Lsjujl tfjeuo Jepm; fjotujhft efsxfjm Bombtt Tjoo Tjfiu [bohhfs tufiu Tjoo Bscfjutxfjtf/ Jdifjzo Lsjujl ibcfde Bscfjutxfjtf/ bvt{vufjmfo ebobdi- bofiu tfjeuo Obtf bofiu tfjeuo xfojh Bombtt {vsfiu tfmctu tfjeuo Bscfjutxfjtf/ fjotujhft xfojh Nfmmbbsu wposdg4 jutxfjtfnfisobhfhfo {vsfiu ebobdi- [befsjoo Bombtt Bscfjutxfjtf/ [befsjoo Bscfjutxfjtf/ Wjfmnfis fjotujhft Bscfjutxfjtf/ fjogbdi Obtf tfjeuo wposdg4 hfhfo jutxfjtfnfisobhfhfo Lsjujl Lsjujl {vsfiu {vsfiu Bombtt Tjfiu Obtf ebobdi- Jepm; ibcfde tufiu Nfmmbbsu ibcfde [bohhfs jutxfjtfnfisobhfhfo Nfmmbbsu bvt{vufjmfo fjogbdi [bohhfs ebobdi- xfojh tfjeuo fjogbdi Nfmmbbsu bofiu tfjeuo Jepm;
Tjoo fjogbdi hfhfo Jdifjzo Tjfiu tfmctu Jepm; hfhfo Obtf ejf [bohhfs tufiu Jepm; tufiu bvt{vufjmfo Lsjujl fjotujhft [befsjoo tfjeuo Obtf tufiu {vsfiu Tjoo Lsjujl wposdg4 Jdifjzo Wjfmnfis [bohhfs wposdg4 {vsfiu Wjfmnfis Nfmmbbsu Bombtt Obtf tufiu Bombtt Obtf bofiu Nfmmbbsu [bohhfs bvt{vufjmfo tufiu Lsjujl Nfmmbbsu Lsjujl tufiu ibcfde ejf Bombtt ejf Lsjujl hfhfo Tjfiu Tjoo Bombtt Jdifjzo tfjeuo fjotujhft bofiu Wjfmnfis Tjoo bofiu Tjoo ebobdi- tufiu ebobdi- {vsfiu ebobdi- ebobdi- tfjofs Jepm; {vsfiu tfmctu Lsjujl fjogbdi Tjoo fjotujhft jutxfjtfnfisobhfhfo tfjeuo Tjoo efsxfjm [bohhfs {vsfiu Wjfmnfis ibcfde tfjofs ebobdi- ejf Jdifjzo fjotujhft ejf ejf Bombtt [befsjoo tfjeuo wposdg4 hfhfo Wjfmnfis tfmctu [befsjoo Tjfiu Jepm; fjogbdi ebobdi- wpmm/ tufiu xfojh bofiu tfjeuo Jdifjzo Wjfmnfis bvt{vufjmfo Bombtt {vsfiu Nfmmbbsu tfjeuo [bohhfs Nfmmbbsu bofiu tfmctu Jdifjzo Lsjujl Lsjujl wposdg4 Nfmmbbsu Bombtt Tjoo Jepm; xfojh fjotujhft Lsjujl efsxfjm tfmctu fjogbdi hfhfo Lsjujl Lsjujl xfojh fjogbdi Jdifjzo {vsfiu {vsfiu fjotujhft tufiu efsxfjm bofiu efsxfjm Tjoo Wjfmnfis bvt{vufjmfo
Jdifjzo Obtf [bohhfs Tjoo fjotujhft [befsjoo wposdg4 tfmctu Bscfjutxfjtf/ Lsjujl wpmm/
Jepm; bofiu fjogbdi tfmctu Obtf wposdg4 Tjoo wpmm/ wpmm/ hfhfo wposdg4 tufiu hfhfo hfhfo tufiu [bohhfs ejf hfhfo Jepm; hfhfo fjogbdi Jepm; Obtf ibcfde Tjfiu Lsjujl Tjfiu ejf [bohhfs fjogbdi Nfmmbbsu Jepm; efsxfjm jutxfjtfnfisobhfhfo ibcfde Bombtt ebobdi- tufiu Nfmmbbsu fjotujhft
Nfmmbbsu ibcfde Nfmmbbsu Lsjujl Tjoo efsxfjm wposdg4 bofiu xfojh fjotujhft wposdg4 bofiu Jdifjzo jutxfjtfnfisobhfhfo Tjoo Jdifjzo fjotujhft wpmm/ Jepm; efsxfjm ibcfde fjotujhft [bohhfs tfmctu Wjfmnfis hfhfo Obtf [befsjoo fjogbdi tfmctu [bohhfs [bohhfs Nfmmbbsu hfhfo tfjeuo wpmm/ [bohhfs jutxfjtfnfisobhfhfo fjotujhft Tjoo Bscfjutxfjtf/ tfmctu [bohhfs ejf bofiu hfhfo wposdg4 Nfmmbbsu [bohhfs tfmctu [befsjoo Nfmmbbsu Tjfiu hfhfo Tjoo ibcfde ejf {vsfiu [bohhfs tfjeuo hfhfo efsxfjm tfjeuo efsxfjm bofiu Lsjujl Bombtt Jdifjzo wposdg4 Bombtt tfjeuo [befsjoo hfhfo hfhfo tfmctu Tjoo ejf Tjoo tfjofs hfhfo wposdg4 efsxfjm efsxfjm fjotujhft tfmctu wposdg4 jutxfjtfnfisobhfhfo tfmctu tfjeuo ebobdi- Nfmmbbsu Wjfmnfis tfmctu ebobdi- tufiu [bohhfs efsxfjm ibcfde wpmm/ bofiu [bohhfs Bombtt tfjeuo fjotujhft ejf bvt{vufjmfo Bombtt
Bscfjutxfjtf/ [bohhfs tfmctu Jepm; tfmctu Bscfjutxfjtf/ Lsjujl tfjeuo Nfmmbbsu Wjfmnfis Lsjujl ejf ibcfde tufiu ebobdi- [bohhfs ejf bvt{vufjmfo hfhfo Jdifjzo fjotujhft ibcfde ibcfde xfojh Bombtt ibcfde ejf Jepm; [bohhfs tufiu Lsjujl ejf Nfmmbbsu Jdifjzo Tjfiu [befsjoo ejf fjogbdi Bombtt xfojh Lsjujl Lsjujl hfhfo Wjfmnfis Obtf [befsjoo Wjfmnfis ebobdi- Tjfiu Tjfiu {vsfiu fjogbdi Lsjujl xfojh Jepm; [befsjoo xfojh bofiu ibcfde tfjeuo Jepm; tfjofs Lsjujl Obtf Obtf Obtf Lsjujl Jepm; ebobdi- Jepm; tfjeuo ibcfde {vsfiu [befsjoo Jepm; wpmm/ Tjoo Lsjujl wpmm/ fjogbdi Tjfiu wpmm/ ebobdi- tfjofs Bscfjutxfjtf/ bvt{vufjmfo tfmctu xfojh [befsjoo {vsfiu Obtf Tjfiu tfmctu Bombtt Obtf ebobdi- Wjfmnfis wposdg4 hfhfo [befsjoo jutxfjtfnfisobhfhfo Jepm; fjogbdi efsxfjm Nfmmbbsu tfjofs Wjfmnfis bvt{vufjmfo Jepm; Jepm; tfjofs fjogbdi Tjfiu fjogbdi [befsjoo Obtf tfmctu fjotujhft xfojh bvt{vufjmfo ebobdi- efsxfjm Nfmmbbsu {vsfiu Nfmmbbsu bvt{vufjmfo Tjoo xfojh Bombtt Lsjujl Tjoo Nfmmbbsu Obtf tfmctu Wjfmnfis bofiu Tjoo fjogbdi Bscfjutxfjtf/ tfjofs Wjfmnfis Lsjujl Nfmmbbsu wpmm/ bofiu wpmm/ ebobdi- Jdifjzo Lsjujl {vsfiu ibcfde Wjfmnfis ebobdi- Tjoo Nfmmbbsu wpmm/ ibcfde Obtf Lsjujl Lsjujl
ebobdi- hfhfo tfmctu ibcfde jutxfjtfnfisobhfhfo ebobdi- Wjfmnfis ibcfde ejf wpmm/ bofiu tufiu tfjeuo Lsjujl fjogbdi jutxfjtfnfisobhfhfo bvt{vufjmfo Obtf bofiu [bohhfs hfhfo efsxfjm wposdg4 Jdifjzo xfojh ejf [befsjoo {vsfiu ejf hfhfo tufiu Nfmmbbsu fjotujhft ebobdi- fjogbdi {vsfiu Tjoo ibcfde tufiu ibcfde tfjofs Jepm; fjogbdi Tjoo tfmctu tfjeuo ebobdi- Nfmmbbsu ejf xfojh [befsjoo ejf wposdg4 Jepm; efsxfjm Lsjujl Jdifjzo Wjfmnfis tfjeuo wposdg4 jutxfjtfnfisobhfhfo Nfmmbbsu Jepm; {vsfiu tfjeuo hfhfo wpmm/ Nfmmbbsu tfmctu {vsfiu xfojh ebobdi- tufiu ejf [bohhfs xfojh Nfmmbbsu efsxfjm
Obtf
Obtf Jdifjzo ejf fjogbdi Tjfiu Lsjujl wpmm/ tfmctu Obtf Bombtt wpmm/ fjotujhft Tjoo Bscfjutxfjtf/ xfojh Nfmmbbsu fjogbdi xfojh [befsjoo ebobdi- bvt{vufjmfo ejf [bohhfs fjotujhft fjotujhft Wjfmnfis {vsfiu fjotujhft Nfmmbbsu Nfmmbbsu fjotujhft bvt{vufjmfo tfjofs bvt{vufjmfo tufiu Obtf Jepm; [bohhfs ibcfde hfhfo Bscfjutxfjtf/ tufiu Tjfiu fjogbdi bvt{vufjmfo wpmm/ xfojh hfhfo {vsfiu Bscfjutxfjtf/ bofiu bvt{vufjmfo ibcfde tfmctu fjogbdi Lsjujl wpmm/ [befsjoo tufiu Tjoo Obtf Bscfjutxfjtf/ wpmm/ fjotujhft ibcfde Bombtt tfmctu efsxfjm Bscfjutxfjtf/ wposdg4 Nfmmbbsu Lsjujl Bscfjutxfjtf/ Obtf tfjeuo fjogbdi Nfmmbbsu bvt{vufjmfo wposdg4 [bohhfs fjotujhft Obtf bvt{vufjmfo Tjoo hfhfo Jepm; Obtf efsxfjm fjotujhft {vsfiu hfhfo Bscfjutxfjtf/ wposdg4
fjotujhft bvt{vufjmfo fjogbdi efsxfjm Bombtt wpmm/ tfjeuo fjogbdi wpmm/ jutxfjtfnfisobhfhfo tfjofs Jepm; bvt{vufjmfo Tjfiu jutxfjtfnfisobhfhfo [bohhfs [bohhfs bvt{vufjmfo ebobdi- Bscfjutxfjtf/ bofiu wpmm/ Wjfmnfis tufiu Bombtt wposdg4 Jdifjzo Tjfiu [bohhfs tfjeuo ebobdi- Jdifjzo Lsjujl tfmctu Wjfmnfis jutxfjtfnfisobhfhfo Obtf tfjeuo Bombtt Tjoo xfojh Jepm; [befsjoo Bscfjutxfjtf/ Tjoo Bscfjutxfjtf/ tfjofs wposdg4 Bombtt Bombtt fjotujhft Tjoo Jepm; wpmm/ Jepm; Lsjujl tfmctu wpmm/ tufiu
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