Board of Management and Supervisory Board of a German listed stock corporation shall declare annually that the recommendations of the German Corporate Governance Code Government Commission, as published by the Federal Ministry of Justice and Consumer Protection in the official section of the Federal Gazette, have been and are being complied with or, if not, which recommendations have not been or are not being applied and why. The declaration shall be permanently accessible to the public on the company’s website.
Each year, listed companies must submit and publish a declaration on corporate governance; parent companies must also do so for the group. Furthermore the German Corporate Governance Code recommends that the Board of Management and the Supervisory Board report on various other aspects of corporate governance every year in the declaration on corporate governance. Mercedes-Benz Group AG (before renaming with effect from 1 February 2022: Daimler AG) has combined the declaration on corporate governance of the company and that of the Group. The purpose of the audit of the statements in the declaration on corporate governance by the auditors is limited to determining whether such statements have actually been provided.
Until 2019, the company published information about environmental, employee-related, and social matters, along with integrity and compliance, in the Non-Financial Report. Since financial year 2020, it has published this information in the Non-Financial Declaration as part of the Management Report.