The INUR is supported financially and ideally by the non-profit association INUR e.V., Cologne (in foundation). The association provides the financial backbone for the INUR and is a hub for linking the institute with practice. The association will have an advisory board consisting of individuals from academia, politics, ministries, associations, the academic middle class and students, which will advise the INUR's board and directorate.

The founders' meeting was on 24 May 2022. The association's board of directors will promptly initiate the registration of the association. 

The association is open to members who are willing to sustainably promote the objectives and statutory purposes of the association. The annual membership fees are not generally fixed, but are negotiated with the board and determined individually.

Purpose of the association

Excerpt from the statutes of the association:

§ 2 Purpose

No. 1: The purpose of the Association is to promote academic work on sustainability issues from a business law perspective in the broader sense (company law, corporate governance, financial and non-financial reporting, tax law, etc.) through an intensive exchange of ideas between academia and practice and to support the Institute for Sustainability, Business Law and Reporting at the University of Cologne. The association also aims to establish and maintain a network between the University of Cologne, other domestic and foreign universities and research institutions, doctoral students, active and former students and practitioners.

No. 2: The association shall strive to fulfil its tasks in particular through the following measures:

a.    Exchange of information and experience between practitioners, politicians and academics as well as with other institutions;
b.    Conducting academic discussions and events (especially symposia, seminars, lectures) and research projects;
c.    Support of complementary study and further education programmes; 
d.    Supporting the equipment of the Institute for Sustainability, Business Law and Reporting at the University of Cologne, in particular by providing funds for staff and library as well as research facilities on the fields of law covered by the funding purpose;
e.    Awarding research contracts and promoting the publication of research results (e.g. through printing subsidies). 
No. 3: The Association shall exclusively and directly pursue non-profit purposes within the meaning of the section "Tax-privileged purposes" of the German Fiscal Code as amended from time to time. 

No. 4: The Association shall act selflessly; it shall not primarily pursue its own economic purposes.

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Board of Directors

The Association's Board of Directors currently consists of three members:

1. Prof. Dr. Joachim Hennrichs (Chairman)
2. Bettina Rodenberg (Vice-Chair)
3. Berthold Welling (Treasurer)

Founders and sponsors