ESG at Daimler: Investing sustainably

By sustainability, we mean creating lasting value for all stakeholder groups: for shareholders, customers and employees as well as for business partners and society as a whole.

Our strategy is helping us lay the groundwork for climateneutral and sustainable mobility. The key to achieving this goal is innovation within the framework of a holistic approach along the entire value chain.

Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG

The finance sector can also contribute to a better world

Andreas Kusche, IR Manager at Daimler, and Dr. Rupini Deepa Rajagopalan, Head of the ESG Office at the private bank Berenberg.

Responsible investing - this is the idea behind the concept of ESG. The letters ESG stand for Environment, Social and Corporate Governance. In this interview, two experts talk about the importance of sustainable investment, personal commitment and the role of companies.

read the interview

Overview on climate related disclosure at Daimler

What is the Task Force on Climate-related Financial Disclosures (TCFD) ?

In April 2015, the G20 Finance Ministers and Central Bank Governors asked the Financial Stability Board (FSB) to review how the financial sector can take account of climate-related issues. The FSB established the Task Force on Climate-related Financial Disclosures (TCFD) to develop voluntary, consistent climate-related financial disclosures that would be useful to investors, lenders, and insurance underwriters in understanding material risks.

The TCFD’s members were chosen by the FSB to include both users and preparers of disclosures from across the G20’s constituency covering a broad range of economic sectors and financial markets. As one of six industrial firms, Daimler contributed to the development of the recommendations that were published in June 2017.

Governance

The organization‘s governance around climate-related risks and opportunities

Strategy

The actual and potential impacts of climate-related risks and opportunities on the organization’s business, strategy, and financial planning.

Risk Management

The processes used by the organization to identify, assess, and manage climate-related risks

Metrics and Targets

The metrics and targets used to assess and manage relevant climate-related risks and opportunities.

What is CDP (formerly Carbon Disclosure Project)?

CDP (formerly Carbon Disclosure Project) is a not-for-profit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Over the past 15 years CDP has created a system that has resulted in unparalleled engagement on environmental issues worldwide.

Since 2018, CDP aligned its Climate Change Questionnaires with the TCFD’s recommendations and adopted the forward-looking approach to climate-risk disclosure.

Daimler discloses details on climate-related activities for more than 15 years through CDP. Daimler was successfully within the leadership group again in 2019.

6 strategic themes

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