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Germany’s Business Leaders Are Wading Into the Debate About Nationalism

  • BASF, Allianz, Commerzbank join to promote workplace diversity
  • Twitter barrage follows after violent protests in Chemnitz
Dieter Zetsche,

Dieter Zetsche,

Photographer: SeongJoon Cho/Bloomberg

Updated on

The top executives of Daimler AG and BMW AG joined other German corporate leaders to denounce racism, taking a rare public stand in a sign of the growing concern about the threat nationalism poses to an economy dependent on exports and in need of immigrants to shore up its aging workforce.

BMW and Daimler, the maker of Mercedes-Benz cars and trucks, pointed to their German staffs with people from more than 100 different countries. Chemical maker BASF SE, retailer Metro AG, insurer Allianz SE and lenders Deutsche Bank AG and Commerzbank AG also participated in the coordinated campaign involving most of Germany’s biggest listed companies.