Continuous reporting brings transparency to the topic of sustainability
With its sustainability report "Balance," the Lufthansa Group has regularly disclosed its environmental balance sheet since the mid-1990s. Reporting on environmental and sustainability topics is continuously developed in accordance with nationally and internationally recognized reporting standards. In addition to reporting in the Annual Report in the form of a non-financial declaration (since the 2017 financial year), the Lufthansa Group has also been following the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) for transparent reporting on climate risks and opportunities since 2020. At the same time, ESG reporting was expanded to include a SASB (Sustainability Accounting Standards Board) report.
As a company that has participated in the UN Global Compact since 2002, the Lufthansa Group also reports annually on its progress in the area of sustainable corporate governance along the ten principles of the UN Global Compact in the form of a Communication on Progress report.
All reports are published at lufthansagroup.com/responsibility
With its measures and concepts, the Lufthansa Group pursues the goal of strengthening positive effects of its business activities and reducing negative effects in order to further consolidate its leading position in the airline industry, also with regard to Corporate Responsibility.
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.