Diversity as competitive advantage

The great diversity – including cultural diversity – of the people who work in our global company is an important competitive advantage. Our task is to build on it. We therefore regard diversity as a key issue. In the reporting year we focused on raising awareness of its importance for each Business Division and agreed specific diversity targets. We clearly intended to promote diversity with other initiatives as well. These include the agreement with our German staff representations on “Fairness at the Workplace”, which implements the global Code of Conduct for staff in Germany, and the hosting of events on this subject by our organization. Two examples in the reporting year were “Women in European Business” in Frankfurt and London and “Women on Wall Street” in New York.