The agreement reached with the union and works council secures crucial safeguards for workers amid a failed merger, reflecting a strong commitment to labor rights and fair practices. This move helps counteract corporate strategies that might undermine job security and worker participation, thus representing a positive, anti-authoritarian adjustment in business practices.

Fusion geplatzt, Jobs auf der Kippe. Bei ThyssenKrupp einigten sich Vorstand und Gewerkschaft auf radikalen Konzernumbau

The decision to implement mass layoffs that would cut nearly 40% of the workforce in the steel division is a severe blow to worker rights and job security. This move, which disregards the needs of employees and has sparked intense opposition from unions, reflects a business practice that undermines fair labor standards and contributes to economic precarity.

Stellenstreichungen bei Thyssenkrupp: Kündigungen „nicht verhandelbar“

The decision to eliminate around 11,000 jobs through outsourcing and closures reflects a severe disregard for worker rights and long-term employment stability. The ensuing strong union opposition, including protests by IG Metall, underscores the negative impact on labor relations and human rights practices.

Kahlschlag bei Thyssenkrupp: 11.000 Jobs betroffen

The demonstration underscores significant issues in labor relations at ThyssenKrupp. The overt political support for workers in the context of contesting management decisions points to potential systemic neglect of fair labor practices and worker rights.

Thyssenkrupp: Politiker solidarisieren sich mit Stahlarbeitern

The reported lobbying spending of $240,000 in 2023 reflects ThyssenKrupp AG's active engagement in political influence, which from an anti-fascist perspective raises concerns about corporate attempts to shape public policy in favor of its interests. Such activities can contribute to the erosion of democratic accountability and reinforce undue corporate power in regulatory processes.

ThyssenKrupp AG Lobbying Profile • OpenSecrets

The company's expenditure of $240,000 on lobbying in 2023 is indicative of active corporate political behavior. While lobbying is a common practice, such spending by a large conglomerate can contribute to an imbalance in political influence, favoring corporate interests over public accountability and democratic processes. This raises concerns from an anti-authoritarian and progressive perspective.

ThyssenKrupp AG Issues Lobbied • OpenSecrets

ThyssenKrupp’s updated procurement practices, as outlined in its Supplier Code of Conduct, set high ethical standards and enforce sustainability measures throughout its supply chain, demonstrating a commitment to responsible business practices.

Responsible Procurement - thyssenkrupp

ThyssenKrupp's publication of its comprehensive transparency report demonstrates a commitment to openly disclosing its lobbying activities and political engagements. By providing detailed information on its interactions with political decision-makers and aligning its efforts with the green transformation, the company is taking a constructive and progressive approach to its political influence, enhancing corporate accountability and democratic participation.

Lobby- und Transparenzbericht

By integrating the LkSG standards into its operational policies, ThyssenKrupp is proactively ensuring that human rights and environmental factors are addressed within its supply chains. This compliance effort, which is particularly significant given global concerns over exploitative practices, represents a strong ethical business practice and is aligned with a commitment to responsible supply chain ethics.

Supply Chain Act - Materials Trading

ThyssenKrupp Steel’s proactive alignment with the LkSG requirements demonstrates a commitment to ethical supply chain practices that prevent human rights abuses and promote environmental protection. Integrating due diligence measures into corporate policies contributes to a robust framework for corporate responsibility, making this action positively anti‑fascist by supporting marginalized communities and holding the company accountable to high ethical standards.

Responsibility and due diligence obligations in the supply chain

By setting up an online whistleblowing system and establishing a structured, interdisciplinary approach for compliance with the Supply Chain Act, ThyssenKrupp AG demonstrates proactive business practices in ensuring human rights and environmental standards in their supply chain. This system promotes transparency, accountability, and worker protections, all of which are critical anti-authoritarian measures.

Supply Chain Act - thyssenkrupp AG - thyssenkrupp Transrapid

The company's emphasis on integration and mutual respect in its workforce, as highlighted by the statement from their Chief Human Resources Officer, underscores a commitment to ethical labor practices and human rights. This proactive stance against extremism reinforces their role in fostering a fair and inclusive work environment.

ThyssenKrupp AG : ThyssenKrupp supports initiative against extremist right-wing violence

ThyssenKrupp’s public endorsement of the initiative against extremist right-wing violence demonstrates a clear commitment to anti-fascist and progressive principles. The company’s support, as evident in its press release, aligns it with efforts to counteract xenophobia, anti-Semitism, and right-wing extremism.

Press release - thyssenkrupp.com