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  • 2016 Corporate Responsibility Report
2016 Corporate Responsibility Report

Demography and company pension scheme

Age structure at the Deutsche Telekom Group

The average age in the Group is still 40.7 years. The average age in Germany is rising but is balanced out by the average age at international level (36.3 years).

You can find further information here and in the HR Factbook by the end of May.

Reporting against standards

By reporting on this data, we partially cover the G4-LA12 (Composition of governance bodies and breakdown of employees) GRI indicator and fully cover the S03 -01 (Age structure/distribution) EFFAS indicator. This data is also relevant for criterion 15 (Diversity and health) of the German Sustainability Code. It is also used for reporting on the Global Compact  principle 6 (Elimination of discrimination).

Age structure DT Group in Germany

As a result of demographic change and low fluctuation, the proportion of employees over 55 years of age increased from 9 to 16 percent. One advantage of this is that many experienced employees with a wealth of know-how work for Deutsche Telekom.

You can find further information here.

Reporting against standards

By reporting on this data, we partially cover the G4-LA12 (Composition of governance bodies and breakdown of employees) GRI indicator and fully cover the S03 -01 (Age structure/distribution) EFFAS indicator. This data is also relevant for criterion 15 (Diversity and health) of the German Sustainability Code. It is also used for reporting on the Global Compact img principle 6 (Elimination of discrimination).

Company pension schemes

The increase in fund assets can be attributed to the payments of the increasing number of plan participants (as was the case in previous years). Because the majority of participants in the 2001 pension plan are still active, i.e., still paying into their retirement plans, this increase will remain steady over the next few years.

Investments in the capital market made by Deutsche Telekom for company pension schemes and similar obligations in Germany are based on our sustainability principles. These principles were integrated into our socially responsible investment strategy for Deutsche Telekom pension providers, which we introduced in 2013, in the form of exclusion criteria. They prohibit investments in companies that produce NBC weapons, anti-personnel mines or cluster bombs or that trade in these or have repeatedly violated the UN Global Compact img principles. Deutsche Telekom pension funds are also prohibited from purchasing government securities from governments that are subject to sanctions in accordance with public international law. Our pension providers agreed to our socially responsible investment strategy in 2013.

We are convinced that putting this strategy into practice will help improve our financial risk indicators. This strategy will also promote perception of Telekom as a socially responsible company. It will help us avoid high-risk, controversial investments and, instead, invest in long-term, stable values that are in line with our principles of sustainability.

Reporting against standards

By reporting this data we fully cover the G4-EC3 (Coverage of the organization's defined benefit plan obligations) GRI indicator.