Corporate Governance
Acting responsibly

We promote the trust of our international and national investors, our customers, employees and society at large with our Corporate Governance Code.


The German Corporate Governance Code in the version dated 16 December 2019 provides recommendations and suggestions for the management and supervision of the company and includes internationally and nationally recognized standards for good and responsible corporate management. The Code aims to make the German Corporate Governance System transparent and understandable. Its purpose is to promote the trust of international and national investors, customers, employees and the general public in the management and supervision of listed German stock corporations. The Management Board and the Supervisory Board engaged intensively with the regulations of the Corporate Governance Code during the past business year 2020. On the basis of these deliberations, the Management Board and the Supervisory Board submitted the Declaration of Compliance with explanations in accordance with § 161 Stock Corporation Act (Aktiengesetz, AktG)  on 17 December 2020.