Strategy, Objectives and Organization
Sustainability or responsibility issues are handled by Fraport AG’s “Corporate Development, Environment & Sustainability” Central Unit under the direct authority of the Executive Board Chairman. This Unit embodies all strategically relevant subjects dealing with a responsible corporate governance and initiates their continued development. In addition, this Unit is responsible for preparing the materiality matrix and the program. Responsibility for reporting as well as rankings as assessments falls within the competence of the Unit “Finance & Investor Relations”.
The Group’s materiality matrix reflects Fraport’s broad understanding of a responsible corporate governance that not only covers ecological, but also corporate and social aspects. In the course of aligning sustainability reporting with the Global Reporting Initiative (GRI) standards, the materiality matrix needed to be further developed in 2018. The graphic shows the impact of direct and indirect business activities on the corresponding aspect, its relevance for stakeholders, als well as the relevance for Fraport’s business activities. The matrix is reviewed annualy to ensure it is up-to-date and, if necessary, adjusted. Please see "Updates to the materiality matrix" in
Our program addressing the strategically relevant issues for a responsible corporate governance is synchronized analogically with the fields of action indicated in the materiality matrix (please see “
Sustainable Developement Goals
With Agenda 2030 for Sustainable Development (adopted in September 2015), the international community is expressing its conviction that global challenges can only be solved if we all work together. The Agenda provides the basis for making global economic progress in line with social justice and within the ecological limits of our planet. The heart of the agenda consists of 17 Sustainable Development Goals (SDGs). For the first time, the SDGs give equal weighting to all three dimensions of sustainability – social, environmental, economic. Our focus is on the SDGs that are clearly within the sphere of influence of our actions. Please see “