Strategy, Objectives and Organization
Strategy and Objectives
Sustainability being firmly anchored in Fraport's Corporate Principles in its Agenda 2015, in 2010 we compiled our objectives and the measures necessary for their achievement for the first time in a Sustainability Program. Our strategic orientation was developed in an interactive process involving all important stakeholder groups. Internal and external experts were checking and weighting the various issues identified on the basis of the guidelines pertaining to sustainability reporting as developed by the Global Reporting Initiative (GRI) and in stakeholder consultations. Using these components, we then prepared a materiality matrix. This matrix shows the most important actions for our future development.
Crucial sustainability topics have been discussed in Executive Board meetings since 2014, involving also the heads of Fraport’s business, service and central units. This ensures a greater commitment towards sustainability issues across the Group, while rising the relevance of this area of action. The topics dealt with cover the introduction of a materiality matrix, the sustainability program and the commissioning of relevant sustainability projects.
The central unit “Corporate Development, Environment and Sustainability“combines the strategically important sustainability topics and initiates their further development, if need be. Furthermore, this unit is responsible for the environmental management, sustainability reporting and sustainability monitoring as well as the coordination of stakeholder dialogs.
Fraport’s Sustainability Board is the highest committee for sustainability management matters, directed by the Chairman of the Executive Board. Other board members are the Labor Relations Director as a co-chairman as well as the top managers of the relevant business, service and central units of Fraport AG.
Here you can find further details concerning the organization.