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" ... It is no doubt that all directors who serve on boards have an important role in steering the long-term sustainability of their companies. “Companies increasingly place sustainability at the core of corporate values and strategy,” said Simone Bagel-Trah, chair of the supervisory board and of the shareholders’ committee at Henkel, a German multinational chemical and consumer goods corporation. The codetermination principle, however, allows for more integration of diverse sustainability issues, be it economic, environmental, or social. Codetermination allows employees to take an active role in decision-making, especially through the employee representation in supervisory boards. “Workers representation is an important matter to foster dialogue and thus, applying social governance,” said Joe Kaeser, chair of the supervisory board of Siemens Energy. ... "