DB publishes its first integrated report
Nearly EUR 40 billion in revenues in 2014
Strikes and storms put pressure on profits
Over 12,000 new employees hired in Germany
DB drives digitalisation
Deutsche Bahn once again saw its train passenger numbers grow in 2014. Over the course of the year, DB transported 2.03 billion passengers on its trains in Germany, 14 million more than during the year prior. DB took a major step toward meeting its ambitious environmental targets: As of the end of 2014, renewable energy sources made up nearly 40% of the traction current mix. In 2014, it reduced its specific CO2 emissions by 22.7% compared to 2006, reaching its original goal of 20% by 2020 ahead of schedule. “These are important successes, given our aim of becoming an eco-pioneer. However, we are unhappy with our economic growth, which was hampered by strikes and storms,” explained DB CEO and Chairman of the Management Board Dr Rüdiger Grube when presenting the 2014 balance sheet figures in Berlin. “Digitalisation is the biggest challenge in DB’s history. We want to be – and will be – a leader of this development, not a follower,” he continued.
2014 marks the first year that results have been published in an integrated report. “The integrated report combines our annual report and sustainability report in a single publication and is a symbol of complete transparency,” Grube said. “It contains all of the information and facts about our three economic, social and environmental dimensions. The report presents business figures in their specific context, links information together and identifies correlations within the company. By adopting integrated reporting, we are taking stock of our company in a way that looks toward the future,” Grube added.
Along with becoming a profitable market leader and a pioneer in environmental protection, Deutsche Bahn set out in its DB2020 strategy to develop into a top employer. DB was able to improve its employer ranking by nine spots, coming in at 13th. In its global survey of satisfaction among its employees, DB earned a mark of 3.7 out of 5, 0.1 percentage points higher than on its last survey two years ago. The number of new employees hired at DB in Germany increased by 8.3% in 2014 to over 12,000, plus 3,700 new vocational trainees and cooperative education students. With nearly 12,000 vocational trainees, cooperative education students and participants in the “Chance plus” programme, DB is one of the largest providers of training in Germany.
(Source: DB)