“We intentionally chose the slogan of our new Mission Statement as the title for this latest report: ‘Gute Reise! We make it happen,’ which emphasizes that all our processes and infrastructure are designed to provide a ‘good trip’ to our customers,” explained Fraport AG’s executive board chairman, Dr. Stefan Schulte.
In tandem with the company’s first quarter 2016 interim financial report, Fraport AG today issued its latest combined financial and sustainability report for the entire fiscal year 2015 titled: “2015 Compact – Gute Reise! We make it happen.”
Dr. Schulte, said: “In this second report of its kind, we provide our stakeholders and interested members of the public with a summary of the Fraport Group’s business performance, as well as the company’s goals, activities, and progress in terms of responsible corporate management. This encompasses compliance with international codes of conduct, including the ten principles of the UN Global Compact, which we have been committed to since 2007.”
In addition to sections dealing with the new Mission Statement and the Fraport Group in general, the new report covers key issues deemed relevant for the company’s future development. Based on a survey of Fraport executives and stakeholders, these issues were newly defined, prioritized, and classified into four main topics, i.e., economic enhancement, employees, community, and environment. The company’s sustainability program has also been adapted accordingly, by defining fewer – yet more specific – goals along with documented performance indicators.
Moreover, the report emphasizes Fraport AG’s increasing focus on the Group’s international activities. In addition to its Frankfurt Airport home base, Fraport AG is active at 13 other airports worldwide located on four continents. As the latest addition to its international portfolio, Fraport AG is expected to take over the management and operation of 14 Greek regional airports in late 2016.
An overview of all key figures is added as a new feature to the end of the report. By linking financial and non-financial figures, this section allows readers to get a better insight into the Group’s overall development. While some tables provide information on the company’s business performance, profitability and other financial issues, others contain non-financial indicators from the Annual Report or key figures related to corporate governance (always enabling a year-on-year comparison). Fraport continues to comply with the standards of the Global Reporting Initiative (GRI) by publishing a separate GRI report online.