Corruption risks vary across markets. As multinational companies develop and expand into new and emerging markets, the ability of businesses to identify and impose controls on the relevant corruption risks will continue to be a crucial part of best practice.
thyssenkrupp clearly recognizes the corruption risks associated with operating in high-risk markets.
In order to take care of such risks, we have conducted a Group wide bottom-up risk assessment to better understand – on the basis of our specific business models, external factors such as the TI Corruption Perceptions Index, etc. – where exactly which concrete risks, including the corruption risks, lie. This risk assessment is frequently updated, e.g. by so-called Compliance Dialogs (cf. Question 2 in the Section "Internal Controls") with the business.
Based on the results of the risk analysis, we have organized the Compliance organization and its procedures in a way to take care of high-risk regions/markets with a local organization. The Segments & Regions department strengthens our compliance advice activities in high-risk regions through regional compliance officers who, acting at local level and with knowledge of local laws and culture, advise selected foreign thyssenkrupp companies and carry out training programs on compliance-related issues. Their responsibilities also include the performance of Compliance audits and the preparation of comprehensive Compliance statements in accordance with the applicable law.
Important related documents and links:
https://www.thyssenkrupp.com/en/company/compliance/compliance-organization/
According to German reporting standards, we publish a list of our subsidiaries on our website under https://www.thyssenkrupp.com/en/investors/reporting-and-publications/
Through regular shareholder surveys and voting rights disclosures pursuant to the German Securities Trading Act (WpHG) we gain information on the size and structure of our shareholder register.
thyssenkrupp hasaround 200,000 shareholders.
~ 85% of the capital stock of thyssenkrupp AG is held by institutional investors and investors with significant holdings. Private investors hold ~ 15% of the capital stock.
The Alfried Krupp von Bohlen und Halbach Foundation, Essen holds ~21 % of the voting rights in thyssenkrupp AG.
The free float, which is relevant for the weighting of the thyssenkrupp stock in the indices, amount to ~ 79% of the capital stock. (As of September 2022)
Important related documents and links:
https://www.thyssenkrupp.com/en/investors/shares-and-adr/shareholder-structure/
The thyssenkrupp Group with its six segments is represented in 48 countries around the world and generates annual sales of about 41 billion euros. In our annual report we only report total sales and sales by segment.
Important related documents and links:
https://www.thyssenkrupp.com/en/investors/reporting-and-publications