Sustainability Program

The Sustainability Program consolidates the strategically relevant sustainability issues and is structured in the same way as the materiality matrix. It lays out the objectives of Fraport as well as the measures taken in order to achieve them.

In an effort to make the objectives measurable and to give transparency on the degree to which they have been achieved, each measure is monitored with at least one key performance indicator. The program is reviewed and updated annually.

As a signatory to the UN Global Compact, Fraport AG is particularly committed the Sustainable Development Goals. Our focus in this regard is on the SDGs which, in our view, lie within the scope of what we are able to influence by our actions. For more information please see “Common goals for global challenges (PDF)” and "Sustainable development goals” in the area of “Values and Principles”.

Materiality Matrix
Materiality Matrix

 

The materiality matrix is the result of a systematic exchange with internal and external stakeholders from year 2018. Fraport AG has conducted an elaborate assessment of the selected topics. Fraport management and representatives of the most important stakeholders (analysts, shareholders, employee representatives, banks, employees, airlines, local residents living near airports, business partners, investors, media, NGOs, passengers, politicians and authorities, economic associations, and science) confirmed the relevance of the current topics in an online survey. Both groups also prioritized the topics. The materiality matrix shows the impact of direct and indirect business activities on the corresponding aspect, its relevance for stakeholders and for the long-term business activities of Fraport.

The matrix is checked annually for up-to-dateness and - if necessary – adjusted.

The topic of sustainability or responsibility falls under the remit of the central unit “Corporate Development, Environment and Sustainability”, which is assigned to the Chairman of the Executive Board”. The unit brings together the strategically relevant topics and initiates their development. It is also in charge of drawing up the materiality matrix and the sustainability program.

Responsibility for reporting and managing rankings and assessments lies with the “Finance and Investor Relations” unit, which is allocated to the Executive Director Controlling and Finance.