161 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Sustainability Statement SOCIAL RESPONSIBILITY As a global company, the BMW Group takes social responsibility. This includes, in particular, adherence with environmental and social standards along the entire value chain. The BMW Group works in close cooperation with the General Works Council to up- hold fair working conditions and respect for human rights, not only for our own employees, but also by suppliers and other busi- ness partners, such as sales partners. The BMW Group pursues a holistic approach in this regard. In addition to committing itself to meeting high social standards, it also takes action to enable that these are met along the entire value chain. In this way, the BMW Group assumes responsibility in areas beyond its own op- erations. As a global premium manufacturer of automobiles and motorcycles with a multinational workforce on all continents, the BMW Group has close ties with the societies in which it operates. There, the Company also enters into local long-term voluntary social commitments. Encouraging employees and ensuring their development is a core aspect of the BMW Group’s social responsibility. The Com- pany fosters a forward-looking and inclusive working environ- ment that offers individual training and further education oppor- tunities ↗ Own Workforce. Information about the multistage due diligence process regard- ing respect for human rights in the supplier network can be found in ↗ Social and Environmental Responsibility in the Supplier Network. High-quality products and transparent behaviour are of central importance to the BMW Group. The BMW Group focuses on meeting the needs of its customers and providing them with a unique experience. More information about this can be found at ↗ Consumers and End-Users. Basis for action The BMW Group is committed to respecting human rights and the associated environmental standards. This applies not only to our own business activities, but also to our relationships with suppliers and other business partners. The BMW Group uses clearly defined responsibilities and targeted actions to safeguard these fundamental rights. In 2005, the BMW Group reaffirmed its position in a joint declaration on human rights and working conditions, which was signed by the Board of Management and employee representatives. Multistage due diligence processes enable that internationally recognised standards are met. In ad- dition to country-specific requirements, the BMW Group takes the following international standards into account in particular: — International Bill of Human Rights, consisting of the United Nations Universal Declaration of Human Rights, as well as the International Covenant on Civil and Political Rights (IC- CPR) and the International Covenant on Economic, Social and Cultural Rights (ICESCR) — UN Guiding Principles on Business and Human Rights — International Labour Organization (ILO) Declaration on Fun- damental Principles and Rights at Work — ILO Tripartite Declaration of Principles concerning Multina- tional Enterprises and Social Policy (MNE Declaration) and ILO Convention 169 — Organisation for Economic Cooperation and Development (OECD) Guidelines for Multinational Companies and the, — Ten Principles of the UN Global Compact. The Human Rights Officer assumes an overarching manage- ment role within the BMW Group. In this role, the Human Rights Officer monitors the implementation of the risk management measures provided for in the German Supply Chain Due Dili- gence Act. The Human Rights Officer liaises closely with the rel- evant departments and reports directly to the Board of Manage- ment on a regular basis as well as on an ad hoc basis. Within the BMW Group, the Compliance function is responsible for the over- arching concept to ensure compliance with human rights and the associated environmental standards. In addition, the Compliance function coordinates the due diligence processes not only within its own business area, but also with other business partners, such as the dealership organisations. The BMW Group’s Compli- ance Management System (CMS) provides the organisational framework for adhering to the significant requirements. » Compliance and notification systems In addition to the international standards, the ↗ BMW Group Code on Human Rights and Working Conditions applies to our own business op- erations as well as our suppliers and other business partners. The respective responsible units (such as BMW Group depart- ments or companies) and business partners are responsible for complying with human rights due diligence obligations. Within the BMW Group, managers are responsible for imple- menting this Code and the ↗ BMW Group Code of Conduct in their own areas. They are obliged to inform employees about the content and significance of the Codes, in addition to advising them and supporting them with the application of the Codes’ principles in their daily work. Every employee must ensure that they are in compliance with the requirements related to human rights and working conditions and make sure that their professional conduct is in alignment with those principles. The BMW Group has estab- lished taking social responsibility as a prerequisite for prospec- tive business partners. Human rights-related and environmental due diligence obligations are incorporated into dealership and agency contracts for example.