FMG takes part in worldwide pilot project for integrated reporting
The new combined Sustainability and Annual Report released in September 2011 by FMG, Munich Airport’s operating company, has received plenty of favorable attention. With this first “integrated report”, Munich became the only airport in the world to gain the highest possible rating, Level A+, from the Global Reporting Initiative (GRI), which evaluates the transparency and quality of such documents. On the strength of this highly rated publication, Munich Airport is now taking part in a global pilot project for integrated reporting conducted by the International Integrated Reporting Committee (IIRC). The project is intended to produce guidelines for integrated reporting.
Apart from Munich, only one other airport is among the 40 organizations and companies taking part, namely Amsterdam’s Schiphol Airport. Due to FMG’s expertise on sustainability, it is playing a trailblazing role in this project, which involves such high-profile companies as the French food producer Danone, the British bank HSBC and the US software maker Microsoft. The only German participants other than FMG are the energy group EnBW Energie Baden-Württemberg AG and the software maker SAP.
Sustainability is an integral part of FMG’s corporate strategy and culture. Consequently, the corporate philosophy of the FMG Group states that business performance must always go hand in hand with conservation of resources, environmental protection and a commitment to human welfare and society. FMG previously released sustainability reports in conjunction with its annual reports in 2008 and 2009.
The combined Sustainability and Annual report (“Perspectives”) is available at https://www.munich-airport.de/en/company/konzern/ib/index.jsp.