Corporate governance means acting in accordance with the principles of responsible company management oriented towards sustainable value creation. In the BMW Group, this aspiration includes all divisions of the BMW Group. The crucial cornerstones of the corporate culture here are:
- Observance of the regulations and the applicable law.
- Corporate governance with clear targets directed at the interests of all stakeholders.
- Supreme environmental and social standards as well as due diligence in the supply chains.
- Transparent reporting and corporate communication.
- Cooperation based on trust between Management Board, Supervisory Board and employees.
COMPLIANCE
INTEGRITY IS PART OF HOW WE VIEW OURSELVES.
For the BMW Group, compliance is far more than adhering to the applicable law and in-company regulations. Compliance is part of how we see ourselves as well as a culture of integrity put into practice and a binding framework for all entrepreneurial activities – worldwide.
OUR TARGETS
Holistic; measurable sustainability with specific targets.
The BMW Group aspires to become the most successful and sustainable premium manufacturer for individual mobility. At the same time we wish to live up to our responsibility in relation to social and ethical standards. At the heart of our specific targets is the reduction of CO2 emissions, the increase in resource efficiency and circularity as well as the significant improvement in social and ecological standards. This is why we established clearly defined targets in July 2020, which we aim to implement by the year 2030.
INTEGRATED REPORT ON THE STATUS QUO
The BMW Group views its responsibility as lying in the measurability and transparency of its sustainability reporting.
This is why we have been combining our annual report with our sustainability report since 2020 to create an integrated Group report. The BMW Group Report follows the framework structures of the sustainability reporting and is independently certified.
OUR DATA PROTECTION
Protection of our customers’ data, right to informational self-determination and data sovereignty has an especially high priority:
- As a matter of principle, personal data is collected in accordance with laws and regulations including but not limited to POPIA and its regulations as well as the international security standard ISO 27001.
- Personal data is only collected and used if this is legally approved and any affected persons have given their consent.
- All applications are checked against current IT security measures.
- Internal communication takes place exclusively via a highly secure connection.