Responsibility for the topic of sustainability rests with our entire Executive Board. The sustainability strategy, goals and measures are reviewed and approved by the Executive Board and the Supervisory Board. The Environmental Management Officer, the Compliance Officer, the Corporate Governance Officer and the ESG Officer on the investment team report on a regular basis to the Executive Board. Together with further representatives of various specialist departments, they form an interdisciplinary working group at the Hannover location that is responsible for preparing the orientation of our sustainability strategy as well as for defining and executing appropriate operational measures. It meets annually to review the strategy and also on a case-by-case basis in varying constellations depending on the tasks to be dealt with. Each member has committed to advance the goals of the Sustainability Strategy within his or her own specialist area.
In addition, our sustainable value creation is ensured by a comprehensive risk management system with appropriate reporting structures. Our Group Auditing unit carries out process-independent monitoring throughout the Group on behalf of the Executive Board.
We discuss management approaches to specific topics in the areas of "Governance and Dialogue", "Product responsibility", "Employees" and "Environment and Society" within the respective chapter.