Published by Gbaf News
Posted on October 20, 2011
10 min readLast updated: January 22, 2026
The 30 corporations listed on Frankfurt's blue-chip DAX index intend to considerably increase the share of women in executive positions in the coming years.
At a top-level meeting with Kristina Schröder, Germany's Minister of Family Affairs, Ursula von der Leyen, the country's Labor Minister, Sabine Leutheusser-Schnarrenberger, Federal Minister of Justice, and Philipp Rösler, Germany's Minister of Economics and Technology, each of the 30 chief human resources officers submitted an overview of binding targets for their company. Specifically, the companies commit to the following:
By defining specific targets, the 30 DAX companies are making good on the promise they made in their joint statement on women in executive positions issued in March of this year. In the statement the companies pledged to reach a sustainable personnel development that guarantees an adequate representation of women in leadership positions, particularly in top-level management. At the same time these corporations will increase transparency in personnel selection and talent management. This will show that the trend in their human resources policy is on the right track in terms of diversity, moving toward a systematic structure that promotes women.
"Companies benefit when more women are in executive positions – we're quite certain of that. By setting specific targets and continuing the working group made up of experts from all the companies, we are sending a clear signal as DAX companies and creating transparency and commitment. That's why we're going to measure ourselves year after year on what we actually achieve, and make those results public," says BMW personnel chief Harald Krüger. This commitment is also an important social and political signal for greater equal opportunity in the business world. In their joint statement on March 30, the 30 DAX companies called for a shift in attitudes: "Company-specific measures must accompany changes in state policies as well as a cultural shift in our entire society. This will require not only companies to get involved, but also politicians and every individual."
The companies intend to meet each year over the next five years to present an update of "Women in Executive Positions – Status Quo and Targets of the 30 DAX Companies" to the public. In the future, each company will also report on the current status of the gender quota, the degree to which targets have been achieved, the action that has been taken and that which is planned. This information is to be included in their sustainability or annual reports.
An action catalog was also presented, which lists five fields that the companies are already engaged in and intend to expand. Specifically this catalog involves the following:
Disclaimer
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertain-ties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements.
Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Groups core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement.
No duty to update
The company assumes no obligation to update any information contained herein.
Source :www.allianz.com
The 30 corporations listed on Frankfurt's blue-chip DAX index intend to considerably increase the share of women in executive positions in the coming years.
At a top-level meeting with Kristina Schröder, Germany's Minister of Family Affairs, Ursula von der Leyen, the country's Labor Minister, Sabine Leutheusser-Schnarrenberger, Federal Minister of Justice, and Philipp Rösler, Germany's Minister of Economics and Technology, each of the 30 chief human resources officers submitted an overview of binding targets for their company. Specifically, the companies commit to the following:
By defining specific targets, the 30 DAX companies are making good on the promise they made in their joint statement on women in executive positions issued in March of this year. In the statement the companies pledged to reach a sustainable personnel development that guarantees an adequate representation of women in leadership positions, particularly in top-level management. At the same time these corporations will increase transparency in personnel selection and talent management. This will show that the trend in their human resources policy is on the right track in terms of diversity, moving toward a systematic structure that promotes women.
"Companies benefit when more women are in executive positions – we're quite certain of that. By setting specific targets and continuing the working group made up of experts from all the companies, we are sending a clear signal as DAX companies and creating transparency and commitment. That's why we're going to measure ourselves year after year on what we actually achieve, and make those results public," says BMW personnel chief Harald Krüger. This commitment is also an important social and political signal for greater equal opportunity in the business world. In their joint statement on March 30, the 30 DAX companies called for a shift in attitudes: "Company-specific measures must accompany changes in state policies as well as a cultural shift in our entire society. This will require not only companies to get involved, but also politicians and every individual."
The companies intend to meet each year over the next five years to present an update of "Women in Executive Positions – Status Quo and Targets of the 30 DAX Companies" to the public. In the future, each company will also report on the current status of the gender quota, the degree to which targets have been achieved, the action that has been taken and that which is planned. This information is to be included in their sustainability or annual reports.
An action catalog was also presented, which lists five fields that the companies are already engaged in and intend to expand. Specifically this catalog involves the following:
Disclaimer
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertain-ties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements.
Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Groups core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement.
No duty to update
The company assumes no obligation to update any information contained herein.
Source :www.allianz.com
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