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DB Schenker Russia settles for a fine

COLOGNE: October 18, 2016. The Cologne State Prosecutor has ceased its investigation into "irregularities in connection with DB Schenker's Russia business" following the payment of a €2 million fine.

LH CargoDB Schenker said the fine relates to "unclear payments in connection with logistics services in Russia" between 2010 and mid-2012 by a subsidiary that has since been closed down.

The Cologne prosecutor said it would also stop legal action against the individuals concerned - most of whom are no longer with the company - following improvements to DB Schenker's corporate governance and compliance program.

In another improvement, DB Schenker and Lufthansa Cargo say they have reduced their CO2 emissions by 10,000 tonnes in the past five years as part of an agreement that is expected to double that number by 2020.

"Some 40 per cent of all direct and indirect CO2 emissions at DB Schenker result from air cargo," commented Andrea Dorothea Schön, responsible for climate protection and CO2 reduction at the company. "Therefore, it was and is important to us that we engage in environmental protection together with Lufthansa Cargo and achieve our climate protection goals."

According to Bettina Jansen, Lufthansa Cargo's head of Environmental Management, the airline's cargo business only needs 1.89 liters of fuel to carry 100 kilos 100 kilometers. "We are putting in an enormous effort to continuously reduce our fleet's fuel consumption." The company even polishes its engine turbine blades, she acknowledged.

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