Porsche sees acting and doing business with integrity as an essential foundation for all business activities. In the strategy field of governance and transparency, Porsche is therefore working continuously to increase transparency and responsible corporate governance.
In the reporting year, Porsche further expanded the ESG management system and rolled out a centralized control and monitoring system for ESG data. Additionally, Porsche continued to harmonize its dedicated compliance management systems. Among other things, the Code of Conduct for Business Partners of Porsche and the Volkswagen Group have been consolidated and compliance improvement measures have been standardized.
To monitor the implementation of the requirements of the German Supply Chain Due Diligence Act (LkSG), Porsche conducted “compliance monitoring” in selected departments of the company and in selected subsidiaries in the reporting year – with reviews being carried out in connection with human rights, for example.
Additionally, the first report on compliance with corporate duties of care at Porsche has been prepared and published for the German Federal Office for Economic Affairs and Export Control. Selected sustainability objectives have been a criterion in the remuneration system for the Executive Board since the 2023 reporting year. The Executive Board has implemented the same policy for the management of Porsche and selected national subsidiaries.
