Ethics and integrity are significant components of entrepreneurial practice at the Lufthansa Group. It is a matter of fact for the Group to adhere to current laws and voluntary commitments, and to consciously respect ethical principles. An important consideration is that business conduct characterized by integrity is a key prerequisite for the Company’s long-term success. The Lufthansa Group takes its orientation from the United Nations’ Global Compact in particular, but also from the United Nations’ Universal Declaration of Human Rights and the four core work standards of the International Labor Organization (ILO).
The Lufthansa Group pays particular attention to realizing exemplary company management in the sense of effective corporate governance. It expresses this approach by means of company management and control aligned with responsible and sustainable methods of increasing the Company‘s value. This approach to management meets high international standards and is of central importance to maintain transparency in the relationship with shareholders and to increase trust in the Company’s management on a continuous basis. Significant foundations in this respect are the German Stock Corporation Act and the German Corporate Governance Code. The compliance declaration concerning the German Corporate Governance Code, which was updated in December 2016 can be viewed here:
Compliance and anti-corruption
Compliance describes all measures that ensure the lawful conduct of companies, their executive bodies and employees. The Lufthansa Group Compliance Program, established in 2004, aims at helping its employees adhere to current legal norms and keeping them from breaking the law. It comprises the modules Competition, Integrity, Capital Market and Embargo Compliance.
The Lufthansa Group is a member of the UN Global Compact, Transparency International, the German Network for Business Ethics and of institutions that support individual aspects of human rights. In this way, the Group explicitly acknowledges its adherence to the respective standards and, implicitly, its respect for human rights.
Sustainability in the purchasing processes
The Lufthansa Group has more than 40,000 suppliers. The aviation group demands of its suppliers that they fully comply with current law, guidelines and regulations concerning fair competition, integrity and responsible practices. The Group Purchasing Guideline obliges suppliers to commit themselves to social and ecological responsibility.
The Lufthansa Group is a global aviation group with a total of more than 550 subsidiaries and equity investments. In the financial year 2016, they were structured into the Passenger Airline Group, Logistics, MRO, Catering and Other segments.
Key data on sustainability
Corporate responsibility, that is to say sustainable and responsible entrepreneurial practice, is an integral part of our corporate strategy. It means that we are committed to creating added value for our customers, employees and investors and to meeting our responsibilities toward the environment and society.
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