Our governance structure consists of the Board of Management and the Supervisory Board, and corresponds to the dual leadership structure required by German law for a stock corporation. Accordingly, the Board of Management manages the company while the Supervisory Board monitors and advises the Board of Management. The two bodies work together very closely for the welfare of the company and are guided in their efforts here by the German Corporate Governance Code.

Within the framework of the variable remuneration component for Board of Management members, non-financial goals related to sustainability are defined for the Board of Management as a whole. These goals include the further development and perpetuation of our corporate value of integrity.
Remuneration report and report of the Supervisory Board

Within the framework of our sustainability management system, we steer our sustainability program in a manner that enables us to verify the implementation of its objectives and thus promote continuous improvement. Our management and organizational structures support this process by establishing clear lines of responsibility in all business divisions.

Our sustainability objectives and their management are part of our corporate governance system and are also included in the targets of our executives.

The Corporate Sustainability Board (CSB) is our central management body for all sustainability issues. The CSB is headed by Renata Jungo Brüngger (the Board of Management member responsible for Integrity and Legal Affairs) and Ola Källenius (the Board of Management member responsible for Group Research & Mercedes-Benz Cars Development). The operational work is done by the Corporate Sustainability Office (CSO), which consists of representatives from the specialist departments and the divisions.

Daimler-NB2018_02_nachhaltigkeitsorganisation_bei_Daimler

Integrity, compliance and legal responsibility are the cornerstones of our sustainable corporate governance and serve as the basis of all our actions. We view integrity and values-based compliance as firm elements of our corporate culture and our daily business activities — elements that contribute to our company’s lasting success. The basis for this is our Integrity Code, which defines guidelines for our everyday business conduct, offers our employees orientation and helps them make the right decisions even in difficult business situations. The Integrity Code is supplemented by other in-house principles and guidelines.

The ten principles of the UN Global Compact provide a fundamental guideline for our business operations. As a founding member and part of the LEAD group, we are strongly committed to the Global Compact. Our internal principles and guidelines are founded on this international frame of reference and other international principles, including the Core Labor Standards of the International Labour Organization (ILO), the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights.

The House of Policies is our digital platform for guidelines. All internal policies of the Group and works agreements are compiled here in a user-friendly Enterprise Regulations Database (ERD), which is accessible to all employees. The policies are available in up to 23 languages. Here employees can access a compact e-training course about guidelines, and Group companies can receive advice on the local management of policies.
Integrity Code (PDF)
Our Environmental and Energy Guidelines in detail (PDF)
Supplier Sustainability Standards (PDF)

Statutory quota for women almost reached. With three women on the shareholders’ side and three women on the side of the employee representatives, we have almost achieved the 30 percent quota for women on supervisory boards that is required at listed companies. Women account for 25 percent of the members of the Board of Management. We want women to occupy 20 percent of management positions by the year 2020. The share of women in such positions worldwide stood at 18.8 percent at the end of 2018.
Composition of the Board of Management and the Supervisory Board
Promotion of women in management positions