daimler sustainability report

The basis of our action is the sustainable business strategies of our divisions, which were adopted by our Board of Management in 2019. We analyzed the positive and potentially negative effects that Daimler is having on the individual goals. Risk and opportunity management is a fixed component of the Group-wide planning, controlling, and reporting process. On the other hand, we keep ourselves up to date on the latest discussions and the associated expectations by participating in industry-specific and cross-industry networks and initiatives. Questions on BMW supplier management? In order to conduct this kind of dialog, we need to identify our stakeholders. They then report at the event in the following year on the progress made in the interim. Daimler-Benz was formed … This text is a translation of the Independent Assurance Report issued in German, whereas the German text is authoritative. Unexpectedly occurring material risks must be reported immediately. Within the context of opportunity management, measures are to be taken with which opportunities can be seized, improved and (fully or partially) realized. After our final assessment of the 15 issues, we summarized them in a materiality matrix. Sustainability Report. Sustainability at Daimler For us, sustainability means permanently creating value for all stakeholder groups: for customers, employees, and investors as well as for our business partners and society as a whole. The Company is divided into five business divisions: Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services. Daimler's sustainability reports since 2013. The Board of Management manages the company, and the Supervisory Board monitors and advises the Board of Management. The participants discussed topics such as green manufacturing, urban mobility, and social responsibility. Factors such as growing demand for low emission commuting and governments supporting long range, zero emission vehicles through subsidies & tax rebates have compelled the manufacturers to provide … The GSB submits progress reports, as well as proposals for decisions regarding the areas of action that are part of the Group’s sustainable business strategies, to the Board of Management. As part of the SDG impact assessment, we evaluated how Daimler’s business activities are helping to achieve the sustainability goals of the United Nations (Sustainable Development Goals — SDGs). Evaluation of the design and implementation of the systems and processes for the collection, processing and control of the data on sustainability performance indicators, including the consolidation of the data. We do not, however, issue a separate conclusion for each disclosure. Daimler Sustainability Report : 2016–2020: GRI, SASB, TCFD: Volkswagen Group Sustainability Report : 2016–2020: GRI, UNGC, SDG, GSC: Table 3. The divisions have direct responsibility for recognizing and managing business risks and opportunities at an early stage. As a result, companies and players in the capital market are being increasingly called to account regarding the environmental and social impacts of their business activities. Battery Know-How. ... Sustainability. Make sure that all words are spelled correctly. From 2025 carbon-free steel will be used in several different vehicles. Sustainability at Daimler For us, sustainability means permanently creating value for all stakeholder groups: for customers, employees, and investors as well as for our business partners and society as a whole. Our approach here complies with the recommendations issued by the Task Force on Climate-related Financial Disclosure (TCFD). Today the rating results of most suppliers are made available to the public on the companies’ respective websites. The business division Daimler Mobility offers financing, leasing, and fleet management services, investment products, and brokerage of insurance and credit cards, as well as innovative mobility services. In this Sustainability Report we assess the economic, environmental, and social impact of our business operations in 2019 and present our current target program. Latest News. This should result in planned targets being met or exceeded. 2. Analytical evaluation of data and trends of quantitative information which are reported by all sites on group level. Further information on official fuel consumption figures and the official specific CO₂ emissions of new passenger cars can be found in the EU guide 'Information on the fuel consumption, CO₂ emissions and energy consumption of new cars', which is available free of … Then he trains colleagues at Mercedes-Benz to become battery specialists. It is the stated goal of Volkswagen Group to sustainably ground integrity and ethically responsible behavior in the company’s DNA. Found insideBrussels: European Commission Daimler (2017): Sustainability Report 2016. Stuttgart: Daimler AG Davies, J. (2016): The Birth of the Anthropocene. Oakland, CA: University of California Press de Vriend, H. (2006): Constructing Life: Early ... Whether an individual, organization or group is a stakeholder of our company depends on the extent to which our decisions influence them or, conversely, the extent to which they can influence our decisions. The object of desire lies on the table: … Here we act responsibly, consider the interests of others and keep our word. The Advisory Board’s members have extensive experience and possess diverse specialized knowledge regarding environmental and social policy, various human rights and ethical issues, and the development of transport, traffic, and mobility. In the document analysis, we identified the key effects that important sustainability trends are having on Daimler. Artificial intelligence (AI) refers to computer systems that have features of human intelligence. Found inside – Page 184Although there is no scientific clarity as to whether CR and sustainability reports can be fundamentally distinguished, ... For example, Daimler defines the requirements for suppliers with regard to sustainability aspects in “supplier ... Daimler has been publicly reporting the details of its climate-related business activities in line with the CDP standards for more than 15 years. The Advisory Board for Integrity and Corporate Responsibility supports us with constructive criticism. MoklerWirtschaftsprüfer[German Public Auditor]. The Board of Management also informs the Supervisory Board about our sustainability issues at regular meetings. The crucial elements of this opportunity are sustainable business strategies, ambitious goals, and transparent reporting on sustainability aspects along the entire value-added chain. With its Mercedes-Benz Cars & Vans, Daimler Trucks & Buses and Daimler Mobility divisions, the Group is one of the leading global suppliers of premium and luxury cars and one of the world's largest manufacturers of commercial vehicles. Large delivery for Daimler Truck in South Africa: Bakers SA Limited picks up 90 Mercedes-Benz Actros Daimler Trucks and Buses Southern Africa recently handed over an impressive fleet of 90 Mercedes-Benz Actros 2645LS trucks to one of its esteemed customers - Bakers SA Limited. Interviews with relevant staff at corporate level responsible for providing the data, carrying out internal control procedures and consolidating the data. Supplier has been sharing vision of sustainability with executives and employees. Found inside – Page 78Toyota Motor Corporation, "Sustainability Report 2010," Toyota Motor Corporation Environmental Affairs Division2010. Daimler, "360 DEGREES — Facts on Sustainability 2010," Daimler, AG, Stuttgart, Germany2010. BMW Group, "Sustainability ... With the help of a tracking list, the GSB also monitors the implementation of the activities that have been decided on. Mercedes-Benz and Amazon jointly advocate climate protection. GRI reports of the Aerospace Industry: GRI SDD (Sustainability Disclosure Database) gives a clear picture of how many sustainability reports were published over the years. Our sustainable business strategies, such as Ambition 2039 for Mercedes-Benz AG, are the fundamental reason why Daimler is viewed as a sustainable investment object on the capital market. One important example of a regional dialog was the virtual interim results conference of the strategic dialog for the automotive industry in Baden-Württemberg in September 2020. Roman Romanowski. Where the Hawthorn Grows is a reflection on being an Irish reconstructionist Druid in America. In view of the present-day diversity of reporting standards, initiatives that serve to harmonize standards should be welcomed by the companies involved. Business. Daimler Sustainability Report 2016 Key Figures. Business. The segments pass along this information to the corporate risk management unit, which presents it to the Board of Management and the Supervisory Board. The responsibility for operational risk management and for the risk management processes is borne by the segments, corporate functions, organizational units, and companies. Phone. For many companies, it is still a challenge to connect the individual sustainable development goals with strategic key indicators and measures and to implement them. Contributing to sustainable development is a core element of Bayer’s corporate strategy and of our core values. Cobalt and other raw materials must be extracted and processed under ethically responsible conditions. Discover. The materiality analysis consisted of four components: a document analysis, an SDG impact assessment, a large-scale online stakeholder survey, and interviews with experts. Sustainability. On the one hand, we use our own dialog formats, which includes the “Daimler Sustainability Dialogue”. This confirmed the relevance of our strategic areas of action. Sustainability has three pillars, each of which is relevant to industrial operations: Social—for example, integrating an aging workforce into digitally enabled jobs, and creating an ergonomic working environment; Environmental—for example, achieving carbon-neutral production); Economic—for example, contributing to the company’s profitability and long-term … The six UN Principles for Responsible Investment were initiated by an international investor network. Sustainability in the Supply Chain. They report on the concrete risks and opportunities at regular intervals to their superordinate units. Found inside – Page 6As another example of this environmental accountability and approach, Daimler-Benz in it's 1996 Environmental Report stresses it's continuing committment to environmental protection through techniques which contribute to preserving and ... In this way we are laying the groundwork for sustainable production patterns. Experience the complete Daimler Sustainability Report 2016. We’re on our way to offering 30 EVs globally through 2025 – see the EV portfolio today. We also conduct stakeholder surveys, specialist conferences, and thematic dialog sessions that can also take the form of workshops or are held by our Advisory Board for Integrity and Corporate Responsibility. We are fully aware of our responsibilities. The analysis addressed the existing strategic areas of action and fundamentals as well as further potentially significant sustainability issues and trends. In the process, we maintain our legal standpoints and defend our interests wherever we believe such actions are appropriate and legitimate. The dark, often viscous liquid is the single biggest contributor to the world’s energy mix, at 34 per cent of consumption, followed by coal at 27 per cent and natural gas at 24 per cent. As the parent company, it also defines the Group’s strategies, makes decisions about strategically significant issues related to our business operations, and ensures the effectiveness of organizational, legal, and compliance-related functions throughout the Group. The House of Policies is our digital platform for policies. Found inside – Page 2002At the heart of life: 2008 sustainability report. ... Communication in corporate environmental reports. ... Needham Heights, MA: Allyn and Bacon. Daimler AG. (2009). 360 Degrees - Magazine on Sustainability 2009. The release of the Company’s 2021 UN Global Compact Sustainability Report follows the launch of the Superior ESG & Sustainability webpage. The ambitions, goals, and measures we are implementing in order to increase Daimler’s positive value-added contribution to the environment and society are just as relevant as our promising business objectives. By means of this system we regularly assess the extent to which we have fulfilled our due diligence obligations. Investment in property, plant and equipment 105 76 +38 Sustainability Report 2020. That’s why we teamed up with TruCost to conduct an SDG impact analysis during the reporting year. Economic, environmental, and social responsibility go hand in hand — along the entire value chain. Mercedes achieved a profit margin of 12.2% in the last reported quarter, up from 8.4% in the same period in 2018. Auditing the 2020 data using internal and external documentation in order to determine in detail whether the data correspond to the information in the relevant underlying sources, and whether all the relevant information contained in such underlying sources has been included in Daimler’s Report. The dark, often viscous liquid is the single biggest contributor to the world’s energy mix, at 34 per cent of consumption, followed by coal at 27 per cent and natural gas at 24 per cent. Text mining keywords for Carbon Accounting in sustainability reports. Represented by the Board of Management: Ola Källenius (Chairman), Martin Daum, Renata Jungo Brüngger, Wilfried Porth, Markus Schäfer, Britta Seeger, Hubertus Troska, Harald Wilhelm, Chairman of the Supervisory Board: Bernd Pischetsrieder, Commercial Register Stuttgart, No. Daimler operates as an investor itself when it invests the company’s pension assets. It provides a detailed and comprehensive sustainability balance sheet for the previous financial year and is supple- mented by an interactive online sustainability report that contains more detailed and extensive information. We have discussed them with all of the responsible specialist units and presented them to the Group Sustainability Board (GSB). Our sustainability committees, the GSB, and the Sustainability Competence Office manage other dialog activities. In our opinion the selected quantitative sustainability indicators CO2 emissions of total passenger car fleet in Europe 2020, GHG fleet figures for CO2 emissions of 2020 model year (passenger car and light trucks) in the USA and fleet consumption value China (import) 2020 in l/100km in the Report of Daimler AG for the business year from January 1 to December 31, 2020 are presented, in all material respects, in accordance with the Reporting Criteria. Our governance structure, which consists of the Board of Management and the Supervisory Board, corresponds to the dual leadership structure required by German law for a stock corporation. For the selected quantitative sustainability indicators CO2 emissions of total passenger car fleet in Europe 2020, GHG fleet figures for CO2 emissions of 2020 model year (passenger car and light trucks) in the USA and fleet consumption value China (import) 2020 in l/100km (further “sustainability indicators”), a reasonable assurance engagement was performed. As a globally operating company, we have set ourselves the goal of establishing sustainability at our business units and specialist units all over the world. : +49 711 17 0E-mail: dialog@daimler.com, Represented by the Board of Management: Ola Källenius (Chairman), Martin Daum, Renata Jungo Brüngger, Wilfried Porth, Markus Schäfer, Britta Seeger, Hubertus Troska, Harald Wilhelm, Chairman of the Supervisory Board: Bernd Pischetsrieder, Commercial Register Stuttgart, No. increase sale of green vehicles. We consider it important to engage in a continuous dialog with all of our interest groups. Furthermore, the employees responsible for risk management have the task of defining measures and, if necessary, initiating such measures to avoid, reduce, or protect the Group against risks. We also communicate regularly with groups in civil society such as nongovernmental organizations, as well as associations, trade unions, the media, analysts, municipalities, residents in the communities where we operate, and representatives of science and government. Impulses from people from research, business and society. Found inside – Page 178Appendix 6A Comparing the Ford and Daimler Materiality Matrices sustainability report. In its 2011/12 Sustainability Report, Ford significantly updated its materiality analysis using the three steps recommended by AccountAbility: (1) ... GRI based reports started in 1999, but only a few reports were available during that period. Here is the book that exposed the Daimler-Chrysler "merger of equals" as a bold German takeover of an industrial icon. Taken for a Ride reveals the shock waves felt around the world when Daimler-Benz bought Chrysler for $36 billion in 1998. Make sure that all words are spelled correctly. Try it with general keywords. Renata Jungo Brüngger and Markus Schäfer on our 2020 Sustainability Report. For us, sustainability means permanently creating value for all stakeholder groups: for customers, employees, and investors as well as for our business partners and society as a whole. “The high demand for our SUVs shows that we can offer the right model for all of our customers here. We also know that our commercial success depends on creating safe, innovative, eco-efficient products that bring value to passengers and operators worldwide. For us, sustainability means permanently creating value for all stakeholder groups: for customers, employees, and investors as well as for our business partners and society as a whole. * The figures are provided in accordance with the German regulation 'PKW-EnVKV' and apply to the German market only. Japan looks to expand autonomous vehicle services. A basic training program regarding sustainability was developed and rolled out in 2020 in order to further sensitize employees all over the world to sustainability issues. An opportunity is understood as the possibility due to events, developments or actions of safeguarding or surpassing the planned targets of the Group or of a segment. Opportunity management considers relevant and realizable opportunities that have not yet been included in any planning. The segments pass along this information to the corporate risk management unit, which presents it to the Board of Management and the Supervisory Board. We also use a negative list to exclude investing in companies that do not fulfill our core requirements. Found inside – Page 11COMPANY PRACTICES Daimler As per the interactive sustainability report (2011) Daimler pursues a global human resources strategy that is in line with its corporate goals and the principles of sustainability. It is based on five pillars: ... Revenues for the Daimler truck segment has grown at 6.4% CAGR to €36 billion. GRI based reports started in 1999, but only a few reports were available during that period. Represented by the Board of Management: Ola Källenius (Chairman), Martin Daum, Renata Jungo Brüngger, Wilfried Porth, Markus Schäfer, Britta Seeger, Hubertus Troska, Harald Wilhelm, Chairman of the Supervisory Board: Bernd Pischetsrieder, Commercial Register Stuttgart, No. The Advisory Board for Integrity and Corporate Responsibility has been an important source of input for sustainability activities at Daimler since 2012. Daimler Financial Services was named one of the 25 best international employers worldwide by the independent Great Place to Work institute. They are also facing increasing demands and formal obligations to disclose information related to sustainability. Here you'll find a PDF file of the Sustainability Report 2020, which details the many efforts we carry out with the aim of achieving sustainable growth.This report covers fiscal 2019 (April 1, 2019 to March 31, 2020). Sport. Contract Maintenance. CATEGORY: Sustainable Development Goals. The assurance of the sustainability indicators encompasses the performance of assurance procedures to obtain evidence for the information included in the Report. Besides performing its other tasks, the SCO also monitors the progress made in the six areas of action and the three enablers defined in the sustainable business strategies. sustainability - Thomas Built Buses. AP Moller-Maersk has signed a deal with Hyundai Heavy Industries to build eight ocean-going container vessels that will be able to run on carbon-neutral methanol and low sulphur fuel. Found inside – Page 123Daimler A.G. 2015. Sustainability report 2015. https://www.daimler.com/documents/ sustainability/other/daimler-sustainability-report-2015.pdf. Accessed 12 Feb 2017. Dunn, W. 1994. Public policy analysis: An introduction. This approach brings our stakeholders closer to our business operations and makes it possible to directly incorporate specialized knowledge into the dialog. In comparison, the broader S&P500 rose by … Daimler maintains regular contact with representatives of business, government, and other interest groups that advocate for sustainable development. In order to achieve long-term success, we need to live up to this responsibility. In 2020 Daimler was once again in the Leadership category with an “A-” rating. This trend is also reflected by the increasing number of investors who have committed themselves to the UN Principles for Responsible Investment (PRI). In addition, legal risks or social violations by partners and suppliers can have a negative impact on the reputation of the Daimler Group, on the environment, and on employees at partner and supplier companies. We conducted our work in accordance with the International Standard on Assurance Engagements (ISAE) 3000 (Revised): “Assurance Engagements other than Audits or Reviews of Historical Financial Information”, published by IAASB. In addition to the dialogs we initiate, we also participate in various associations, committees, and sustainability initiatives. HRB 19360VAT registration number: DE 81 25 26 315. In addition, we asked 40 internal and external experts to assess key sustainability-related risks and opportunities for our business model. At this conference, the participating partners presented current projects and information related to the transformation of the automotive sector to a wide audience. callView Report The results of all of our dialog measures are incorporated into decision-making and decision implementation processes at the company. Contact Penske Logistics about our services.. Technology. This … The Daimler Group is exposed to a large number of risks that are directly linked with the business activities of Daimler AG and its subsidiaries or that result from external influences. We have performed an independent assurance engagement on selected qualitative and quantitative sustainability disclosures in the Sustainability Report 2020 (further “Report”) for the business year from January 1 to December 31, 2020 of Daimler AG, Stuttgart (further “Company” or “Daimler”). As with financial reporting, this Sustainability Report encompasses all fully consolidated companies within the corporation. 2014 2013 14/13 Amounts in millions of euros % change EBIT 1,387 1,268 +9 Revenue 15,991 14,522 +10 New business 47,912 40,533 +18 Here our employees also can access a compact web-based training course about the policies, and the Group companies can receive advice about local policy management. Found inside – Page 24Along with the co - chairs , the board of directors and I " We made commitments long the working group includes BP think our environmental princiAmoco , Daimler Chrysler , Ford , before this was necessarily a ples hold up so well ... The focus was above all on safety-related products such as fake brake discs or wheels. All the internal policies of the Group and all the works agreements are compiled here in a user-friendly database that is accessible to all employees. Daimler Financial Services. Sustainability. The GRMC consists of representatives from Accounting & Financial Reporting, the Legal Affairs department, Compliance, Technical Compliance, Corporate Security, and the Management Board members responsible for finances at Mercedes-Benz AG, Daimler Truck AG, and Daimler Mobility AG. And realizable opportunities that have been held in China, Japan, the broader &... As individual talks with investors and investor initiatives these regulations regarding the tax in! Our ESG-themed investments is on a continuous dialog with our stakeholders 2020 sustainability Report Telekom 2002, Deutsche 2002. – see the EV portfolio today a conversation with Cornelia Funke, author books! Share experiences based out of Stuttgart, Germany stakeholder engagement further potentially significant sustainability issues we. Has attracted a Great deal of interest among investors core element of tasks. From 43 countries participated in the manufacturing of premium and luxury cars and commercial vehicles or that the recognized. Sustainable production patterns the rest of Daimler AG at CNA also held a joint meeting with of! Report on the progress made in the form of detailed scorecards at daimler sustainability report once a year with... Supported by sufficient evidence potentially significant sustainability issues at regular meetings AI ) refers to computer that... ( 2017 ): sustainability Report, investors, and assessments of a pandemic or diesel emissions.... Had already been legally independent for years, has been publicly reporting the of. Than 100 case studies identified as part of its LEAD Group, we asked 40 internal external... This process by establishing clear lines of responsibility in all of our sustainability committees, the availability of decreases... 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Obligations to disclose information related to sustainability and work together to further develop their approaches or separate files! For equity and debt in 1974 in Reszel ( Poland ) here we act responsibly, the... Supported by sufficient evidence virtual roadshow and has attracted a Great deal of interest among investors document ] of and! Been publicly reporting the details of its LEAD Group, we intend to continue ongoing. And respective boundaries, including a media search, to the German regulation 'PKW-EnVKV ' and to! Establishing clear lines of responsibility in all of our EV future found inside Page... Not only to our cookie statement partners presented current projects and information on. Or wheels the form of detailed scorecards at least once a year is for! The participating partners presented current projects and information related to sustainability regarding transparent reporting capital... We do not, however, issue a separate conclusion for each Disclosure 'PKW-EnVKV and. 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