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Risk Management

B2023CW02752
Group>Ethics, Risk Management & Compliance

Companies take risks. That is part of every business activity. The important thing is to deal with them responsibly. We are convinced that only those who identify opportunities and risks at an early stage and actively deal with them will achieve sustainable success.

Our risk management system focuses on corporate and divisional goals. We manage risks in our business processes with the internal control system. Both systems are based on the internationally recognized COSO framework. In this way we aim to cover all areas of risk as comprehensively as possible. To this end we operate a risk quarterly process which focuses on acute risks. We keep an eye on process-related risks with the annual standard ICS control process. The business continuity management system provides the framework for continuing critical business processes in the event of disruptions.

Our principles help us to deal with risks in a uniform manner throughout the Group:
  • Integrity, corporate values and compliance are particularly important.
  • Risks are to be dealt with actively and openly.
  • The orientation of the RMS/ICS is based on individual objectives.
  • Risks are to be consciously taken and appropriately managed.
  • The RMS/ICS must be effective.
The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.