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Governance and Dialogue
As an internationally operating company, we bear responsibility in various senses. This is true of our compliance with relevant laws and regulations, but also applies to our relationship with our staff, shareholders, the public at large and the cultures within which we operate. We publish an annual Declaration of Conformity with the German Corporate Governance Code (DCKG). In this context, we continuously track and review amendments made to this Code. Compliance with our high ethical and legal standards is also enshrined in our Code of Conduct.
Our compliance structures support adherence to laws and directives, e.g. governing respect for human rights, prevention of corruption, observance of sanctions and protection of customer data. Regular training and communication activities keep our staff informed about relevant regulations.
Our group-wide risk management is vital to the long-term success of our company. It encompasses the early detection, assessment and scrutiny of risks. Through established structures and responsibilities we ensure comprehensive evaluation of the risks that we intend to take on.
Given that the trust of our stakeholders and an immaculate reputation are prerequisites for the success of our company, we make every effort to cultivate an active dialogue with representatives of the capital market and society as a whole as well as with our clients and staff. In the present Sustainability Report 2016 we are reporting on our achievements as a responsible enterprise. In so doing we follow the currently applicable and internationally recognised guidelines of the Global Reporting Initiative (GRI) G4 and the transparency requirements of Environmental, Social and Governance rating agencies (ESG rating agencies). In 2016 our sustainability performance was once again evaluated by the rating agency oekom Research; we were awarded "Prime" status in recognition of our above-average fulfilment of industry-specific requirements. In addition, in June 2016 we received confirmation of our inclusion in the worldwide FTSE4Good Index Series from the FTSE Environmental, Social and Governance Advisory Committee.