According to a study, the Dax companies are making progress in the implementation of digitization. This was the result of an analysis of the annual reports of the 40 companies listed in the German stock index by the management consultancy KPMG in cooperation with the economics professors Dirk Stein and Tobias Kollmann.
According to the “Dax Digital Monitor 2022”, which is available to WELT AM SONNTAG, five companies met all the tested “digital leadership” criteria, compared to only two groups in the previous year. Allianz, E.on, Infineon, SAP and Siemens are leading the ranking in 2022.
29 of the 40 companies have now clearly assigned responsibility for digitization at board level. On the other hand, only four have set up a real digital board or chief digital officer. However, digitization is also playing such an important role for all other board members in more and more companies that part of their remuneration depends on progress in this area.
At 18 companies, digitization was stipulated as a remuneration component at board level, which corresponds to around 45 percent of the DAX companies. On average, digitization now takes up around two and a half pages in the annual reports of the corporations, with MunichRe giving the topic the most space with four pages.