diff --git a/config/crd/bases/servicebinding.io_clusterworkloadresourcemappings.yaml b/config/crd/bases/servicebinding.io_clusterworkloadresourcemappings.yaml
index c96577ef..b63f5fa8 100644
--- a/config/crd/bases/servicebinding.io_clusterworkloadresourcemappings.yaml
+++ b/config/crd/bases/servicebinding.io_clusterworkloadresourcemappings.yaml
@@ -3,7 +3,7 @@ apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
 metadata:
   annotations:
-    controller-gen.kubebuilder.io/version: v0.12.0
+    controller-gen.kubebuilder.io/version: v0.12.1
   name: clusterworkloadresourcemappings.servicebinding.io
 spec:
   group: servicebinding.io
diff --git a/config/crd/bases/servicebinding.io_servicebindings.yaml b/config/crd/bases/servicebinding.io_servicebindings.yaml
index f9b689e0..5369653b 100644
--- a/config/crd/bases/servicebinding.io_servicebindings.yaml
+++ b/config/crd/bases/servicebinding.io_servicebindings.yaml
@@ -3,7 +3,7 @@ apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
 metadata:
   annotations:
-    controller-gen.kubebuilder.io/version: v0.12.0
+    controller-gen.kubebuilder.io/version: v0.12.1
   name: servicebindings.servicebinding.io
 spec:
   group: servicebinding.io
diff --git a/config/servicebinding-runtime.yaml b/config/servicebinding-runtime.yaml
index cb15d991..3a17fe63 100644
--- a/config/servicebinding-runtime.yaml
+++ b/config/servicebinding-runtime.yaml
@@ -22,7 +22,7 @@ apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
 metadata:
   annotations:
-    controller-gen.kubebuilder.io/version: v0.12.0
+    controller-gen.kubebuilder.io/version: v0.12.1
   name: clusterworkloadresourcemappings.servicebinding.io
 spec:
   group: servicebinding.io
@@ -241,7 +241,7 @@ apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
 metadata:
   annotations:
-    controller-gen.kubebuilder.io/version: v0.12.0
+    controller-gen.kubebuilder.io/version: v0.12.1
   name: servicebindings.servicebinding.io
 spec:
   group: servicebinding.io
diff --git a/hack/controller-gen/go.mod b/hack/controller-gen/go.mod
index a272dcbd..82d0e47c 100644
--- a/hack/controller-gen/go.mod
+++ b/hack/controller-gen/go.mod
@@ -2,7 +2,7 @@ module github.com/servicebinding/runtime/hack/controller-gen
 
 go 1.20
 
-require sigs.k8s.io/controller-tools v0.12.0
+require sigs.k8s.io/controller-tools v0.12.1
 
 require (
 	github.com/fatih/color v1.15.0 // indirect
diff --git a/hack/controller-gen/go.sum b/hack/controller-gen/go.sum
index 5dcfa3c3..ac6f9927 100644
--- a/hack/controller-gen/go.sum
+++ b/hack/controller-gen/go.sum
@@ -113,8 +113,8 @@ k8s.io/klog/v2 v2.90.1 h1:m4bYOKall2MmOiRaR1J+We67Do7vm9KiQVlT96lnHUw=
 k8s.io/klog/v2 v2.90.1/go.mod h1:y1WjHnz7Dj687irZUWR/WLkLc5N1YHtjLdmgWjndZn0=
 k8s.io/utils v0.0.0-20230209194617-a36077c30491 h1:r0BAOLElQnnFhE/ApUsg3iHdVYYPBjNSSOMowRZxxsY=
 k8s.io/utils v0.0.0-20230209194617-a36077c30491/go.mod h1:OLgZIPagt7ERELqWJFomSt595RzquPNLL48iOWgYOg0=
-sigs.k8s.io/controller-tools v0.12.0 h1:TY6CGE6+6hzO7hhJFte65ud3cFmmZW947jajXkuDfBw=
-sigs.k8s.io/controller-tools v0.12.0/go.mod h1:rXlpTfFHZMpZA8aGq9ejArgZiieHd+fkk/fTatY8A2M=
+sigs.k8s.io/controller-tools v0.12.1 h1:GyQqxzH5wksa4n3YDIJdJJOopztR5VDM+7qsyg5yE4U=
+sigs.k8s.io/controller-tools v0.12.1/go.mod h1:rXlpTfFHZMpZA8aGq9ejArgZiieHd+fkk/fTatY8A2M=
 sigs.k8s.io/json v0.0.0-20221116044647-bc3834ca7abd h1:EDPBXCAspyGV4jQlpZSudPeMmr1bNJefnuqLsRAsHZo=
 sigs.k8s.io/json v0.0.0-20221116044647-bc3834ca7abd/go.mod h1:B8JuhiUyNFVKdsE8h686QcCxMaH6HrOAZj4vswFpcB0=
 sigs.k8s.io/structured-merge-diff/v4 v4.2.3 h1:PRbqxJClWWYMNV1dhaG4NsibJbArud9kFxnAMREiWFE=