Implementation of the amendments made to stock corporation law with regard to the second shareholders’ rights directive (ARUG II) and the associated revision of the German Corporate Governance Code (GCGC)
Ensuring that Supervisory Board positions are filled with individuals with future-oriented skills (digitalization, sustainability)
Application of our standards to cover subsidiaries abroad
Compliance
Ensuring acceptance of, and adherence to, all regulations throughout the Group
Opportunities
Corporate Governance
Development of new business areas due to social and legislative changes, e.g., process digitalization
Consideration of areas that will be important in the future when bringing new Supervisory Board members on board in order to include new areas of expertise
Application of various diversity criteria (e.g., gender, internationality) when selecting managers helps to promote and strengthen equal opportunities and diversity in the industry
Compliance
Greater independence from external suppliers and the associated risks due to the provision of a large number of construction services by the Technical Service
Ensuring compliance with high quality standards thanks to the high proportion of services performed within the Group
Risks
Corporate Governance
Negative reputational impact on the capital markets if positions cannot be filled successfully with Supervisory Board members who have key areas of expertise
Compliance
Ensuring compliance with labor and social standards in cases in which services are purchased from construction companies and their subcontractors
