Company Directory - DB Schenker
Company Details - DB Schenker
DB Schenker
WebsiteEssen, Germany
DB Schenker is a global logistics company providing integrated land, air, and sea transportation services as well as comprehensive supply chain solutions. As a division of Deutsche Bahn, it leverages an extensive global network to offer efficient logistics, distribution, and freight forwarding services.
CCI Score
CCI Score: DB Schenker
14.92
-0.02%
Latest Event
Trade Union Opposition to DSV's Takeover of DB Schenker
German trade union EVG has announced its intention to vote against Danish DSV's acquisition of DB Schenker, signaling strong concerns over potential negative impacts on the company's established labor practices and worker rights. This move highlights the crucial role of union resistance in safeguarding employee interests amid major corporate takeovers.
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SABOTEUR
DB Schenker is currently rated as a Saboteur.
Latest Events
- SEP302024
German trade union EVG has announced its intention to vote against Danish DSV's acquisition of DB Schenker, signaling strong concerns over potential negative impacts on the company's established labor practices and worker rights. This move highlights the crucial role of union resistance in safeguarding employee interests amid major corporate takeovers.
+60
Labor Relations and Human Rights Practices
March 20
The opposition by the trade union EVG indicates significant concern over potential erosion of labor rights and fair labor practices should the takeover proceed. Given DB Schenker's longstanding practices and its integration within a larger network under Deutsche Bahn, the active union resistance underscores the importance of preserving effective worker representation and labor standards. This rating reflects the event's relevance to Business Practices and Ethical Responsibility, specifically in the domain of Labor Relations and Human Rights Practices.
- SEP302024
Railway and transport union EVG is preparing to vote against the sale of DB Schenker to DSV amid concerns that the takeover could lead to significant job losses. The vote and board composition, which includes political figures such as state secretaries and Bundestag members, raise questions about the company’s commitment to labor rights and the potential influence of political interests in corporate decision-making.
-30
Labor Relations and Human Rights Practices
March 20
The union's opposition to the takeover is based on fears of job losses and weakened labor protections. This reflects poorly on DB Schenker’s commitment to safeguarding worker rights, suggesting a potential prioritization of corporate financial restructuring over employee security.
Union to Vote Against DSV's Proposed Takeover of DB Schenker
-15
Executive Political Engagement
March 20
DB Schenker’s supervisory board includes state secretaries and members of the Bundestag, indicating a close relationship between corporate leadership and political actors. This intertwined political engagement potentially undermines independent oversight and could contribute to decisions that favor corporate interests over those of workers.
Union to Vote Against DSV's Proposed Takeover of DB Schenker
- SEP292024
A Deutsche Bahn AG labor union is mobilizing against the planned €14.3 billion sale of DB Schenker to Danish freight firm DSV A/S over concerns that the sale could jeopardize worker rights and undermine established labor practices.
-40
Labor Relations and Human Rights Practices
March 20
The union’s opposition to the sale highlights significant concerns regarding the company's approach to labor relations and human rights practices. This protest suggests that the planned sale may be driven by financial motives that neglect the well-being and rights of employees, a stance that conflicts with anti-fascist principles prioritizing fair labor treatment and worker empowerment.
- JAN012023
DB Schenker has updated its compliance measures to meet the requirements of the German Supply Chain Due Diligence Act, emphasizing responsible supply chain management and human rights due diligence across its global operations.
+80
Supply Chain Ethics
March 20
DB Schenker’s proactive adaptation to the German Supply Chain Due Diligence Act shows a strong commitment to supply chain ethics. By implementing rigorous due diligence procedures to address human rights and environmental risks, the company is actively working to ensure that its global supply chain adheres to higher ethical standards.
+75
Labor Relations and Human Rights Practices
March 20
The introduction of a formal complaint procedure and clear policy statements regarding human rights and environmental risk further highlights DB Schenker's dedication to upholding labor relations and protecting human rights, not just within its internal operations but across its supplier network.
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Industries
- 481112
- Scheduled Freight Air Transportation
- 484121
- General Freight Trucking, Long-Distance, Truckload
- 488510
- Freight Transportation Arrangement
- 488999
- All Other Support Activities for Transportation
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- General Warehousing and Storage