Transparency in pursuing company interests

PwC SO 6

We build trust through openness and transparency in our dealings with the public sector. We maintain correct and lawful relations with all governmental and supervisory authorities, operating at all times in a straightforward, transparent manner and in accordance with applicable laws and regulations. Our Group-wide Anti-corruption and Business Ethics Policy lays down the rules on how we deal with donations and gifts to political parties and governmental institutions. This policy thus applies for all regions and countries in which Deutsche Post DHL Group operates.

“Employees are not authorized to make contributions to political parties and their affiliated organizations, to governmental authorities or to any other public institution on behalf of the Group. Such contributions include financial donations and other gifts of monetary value.”

Taken from Section 9 of Deutsche Post DHL Group’s Anti-corruption and Business Ethics Policy

We are aware that the idea of transparency can be interpreted differently in countries around the world. Wherever a transparency register exists, such as in the EU, we report voluntarily on the type, scope and financing of the activities we conduct in pursuing our company interests. This does not, however, prevent our employees from acting within applicable law, such as that in the US, to organize and manage so-called political actions committees (PACs)A designation used in the United States for organizations formed by interest groups, businesses or individuals for the purpose of pooling funds to be used in support of or opposition to candidates for political office. PACs are subject to legal regulations that include caps on donations to individual candidates and political parties. Many candidates form their own PACs to coordinate their fundraising activities., and pay contributions on a personal, voluntary basis.