Daimler Truck Holding AG — Ethics Grade D
Daimler Truck Holding AG receives an overall ethics grade of D (32/100) on CancelCo's corporate accountability database. Sector: Automotive. Market cap: Large Cap.
Category scores
- labor: 55
- privacy: 70
- consumer: 40
- environment: 25
- humanRights: 60
Documented incidents (3)
- Diesel Emissions Settlement (high, 2020) — Daimler agreed to pay $1.5 billion to US authorities for using 'defeat devices' designed to cheat emissions tests in Mercedes-Benz diesel vehicles.
- European Truck Cartel (high, 2016) — Daimler was fined €1.01 billion by the EU for participating in a cartel that fixed truck prices and secretively delayed the introduction of clean emissions tech.
- Global Bribery Violations (high, 2010) — The company paid $185 million to settle investigations into its decade-long practice of bribing foreign officials to secure government contracts across 22 countries.
Documented good deeds
- Zero-Emission Truck Initiative — The company successfully tested long-haul hydrogen fuel cell trucks to decarbonize the shipping industry.
Ethical alternatives
- PACCAR Inc — Lower rate of regulatory fines and a focus on electric freight development.