Economic Standards

Omission reason and Comment

Comment: We report in detail on various aspects of climate change as part of our participation in the CDP (formerly known as the Carbon Disclosure Project).

Omission reason: Not applicable

Comment: This indicator is not relevant to us, which is why we do not collect data on the ratio of the standard entry-level wage compared to the local minimum wage. Our Global Rewards Policies apply to all our subsidiaries worldwide and guarantee a systematic compensation structure. Both base pay and short-term variable compensation are oriented to the median base pay of the relevant reference market. Our pay ranges are reviewed on an annual basis and reflect market conditions. We adhere to local minimum wage levels.

Omission reason: Not applicable

Comment: We promote both the recruitment of local employees and their international deployment at all hierarchical levels. However, we do not record the proportion of local managers, as this is not relevant for the strategic personnel management of our company.

Omission reason: Not applicable

Comment: We have no internal guidelines stipulating that preference be given to local vendors in allocating contracts and therefore do not collect this type of data.
In some countries, local laws require contracts to be awarded to regional suppliers.

Comment: As applicable, we report on risks from litigation and legal proceedings in our Report on Risks and Opportunities.