At Daimler Truck, business success and sustainability go hand in hand. We take responsibility for people, the environment and society, we systematically integrate sustainability into our corporate management, and we align our actions with clear governance principles. Open dialogue with stakeholders, transparent reporting, and our engagement in international initiatives are key elements to building trust and ensuring our long-term sustainable business success.
Performance and Responsible Governance
Responsible corporate governance and performance go hand in hand
We strive to be a company that people can trust: a partner that business partners seek for long-term collaboration and a place where our employees enjoy to work. To us, business success and sustainability go hand in hand. Only when we are economically successful can we assume responsibility for people, the environment, and society, thereby creating value for our stakeholders.
Sustainable success is built on responsible conduct. That's why we adhere to the principles of good corporate governance, integrate sustainability into all relevant decisions, and manage compliance risks through established systems. Additionally, we foster open dialogue with our stakeholders and actively support environmental and social initiatives.
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Governance
Our management and organizational structures are designed to advance our sustainability objectives strategically. Overall responsibility lies with the members of the Board of Management, who meet regularly as the Corporate Sustainability Board (CSB). They are supported by various working groups that focus on strategic sustainability topics such as climate and environmental protection, circular economy, workforce matters, human rights, road safety, and compliance. These working groups collaborate closely with the segments and functions and incorporate the experience and expertise of additional stakeholders. The Supervisory Board of Daimler Truck AG advises and oversees the Board of Management, including matters related to the sustainability strategy and the associated ambitions.
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Reporting
We report openly on our progress: our sustainability report adheres to the requirements of the CSRD and the European Sustainability Reporting Standards (ESRS), making our actions transparent and verifiable.
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ESG Ratings
Daimler Truck engages in regular dialogue with leading ESG rating agencies and utilizes their evaluations to enhance its sustainability performance and refine its sustainable business strategy. The company has achieved strong results in all relevant sustainability ratings.
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ESG Factbook
Our ESG Factbook includes all sustainability-related key figures for Daimler Truck. This publication consolidates the company’s core sustainability metrics and those of its business segments. The Factbook is published alongside each annual report and is only available in English.
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Making sustainability measurable
We systematically identify the strategically relevant sustainability topics for Daimler Truck and derive corresponding Key Performance Indicators (KPIs). These metrics make our progress measurable and manageable. They form an integral part of our integrated management model, which connects financial and sustainability-related objectives and thereby provides the foundation for consistent corporate steering.
Implementing our sustainability strategy requires commitment at all levels. We actively involve our employees and empower them to contribute. In addition, sustainability is an integral component of our long-term corporate objectives and is embedded in management remuneration.
Clear Standards for Responsible Conduct
With the Daimler Truck Code of Conduct and our Business Partner Standards, we set globally applicable benchmarks for ethical and legally compliant behavior - for employees as well as for business partners. Training and internal communication ensure that these standards are implemented in day-to-day operations.
Our Daimler Truck Code of Conduct provides guidance for our actions: it defines the rules that apply to all of us and the principles by which we work. In short, it helps us make the right decisions.
The Daimler Truck Business Partner Standards outline our ethical principles and the expectations we place on our business partners. We actively promote adherence to these standards and expect the same from our partners. The Business Partner Standards apply to all business partners worldwide.
Dialogue with Our Stakeholders
Continuous engagement with our stakeholders is essential for us. It enables us to understand expectations at an early stage, integrate them into our strategy, and further develop our products and business model in a targeted manner.
Our key stakeholders include customers, business partners, suppliers, employees, investors, as well as political institutions, the media, and society. The Works Council plays a central role within our workforce by representing employee interests in sustainability management.
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Engagement in Associations and Initiatives
We actively participate in networks such as the UN Global Compact, econsense, and Hydrogen Europe to promote sustainable development and innovative technologies, such as hydrogen-based propulsion systems. In addition, we represent the interests of the automotive industry within the VDA and ACEA. We also promote diversity and inclusion through our engagement in the Diversity Charter and the European Women’s Management Development Network.
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Integration into Our Sustainability Strategy
The feedback we receive from our stakeholders informs our business model and informs our due diligence processes. We place a particular focus on climate action, fair working conditions and respect for human rights. We use insights from dialogue formats, such as the IAA Transportation, to refine our strategy continuously.
Social Commitment
Under the umbrella of Daimler Truck Cares, we consolidate our global corporate citizenship activities. We support environmental and social projects, striving to be a reliable partner in the regions where we operate.
As a member of the Responsible Trucking initiative, we work with CSR Europe to improve working conditions for truck drivers across Europe.
In addition, as a participant in the UN Global Compact, we are committed to its principles regarding human rights, labor, the environment, and anti-corruption.
Our ambition
We underline our responsibility towards the environment and society with a strong, forward-looking corporate governance.
