Climate Change Data

Environmental Metrics

ESG Focus Areas

• Good Health and Wellbeing
• Decent Work and Economic Growth
• Industry, Innovation and Infrastructure
• Responsible Production and Consumption
• Climate Action

Environmental Achievements

• Attainment of a lower greenhouse gas emissions intensity factor (0.74 kg of CO2 per passenger, a 7.4% decrease from 2018)
• Commissioning of a 998-kilowatt peak photovoltaic system, tripling the airport's capacity to generate clean energy
• Reduction of 4,740 kilos in the amount of plastic waste generated compared to 2018
• 8.5% reduction in total water consumption

Social Achievements

• Launched mental wellbeing initiative offering employees 12 counselling sessions per year
• Organized informative sessions on stress management, drug and alcohol abuse, and workplace bullying
• Lowered employee turnover rate by 2 percentage points to 7.3%
• Provided 11,908 hours of company-wide training
• Supported eight employees with their studies

Governance Achievements

• Formalized commitment to working towards carbon neutrality by signing ACI’s Net Zero 2050 Resolution
• Drafted a comprehensive Environmental Plan (approved in 2020)
• Updated the company’s Risk Management Policy

Climate Goals & Targets

Environmental Challenges

• Increase in diesel consumption due to factors beyond the company's control (busier operations, power cuts, shuttle bus service)
• Drop in rainwater harvested due to lower precipitation levels

Mitigation Strategies

• Gradual replacement of lighting, air-conditioning units, and other equipment with more energy-efficient alternatives
• Vehicle replacement programme substituting older vehicles with more efficient models and electric hybrid vehicles
• Series of repair works to address water leakages

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising sea levels

Reporting Standards

Frameworks Used: GRI Standards: Core option

Third-party Assurance: PricewaterhouseCoopers (PwC) Malta

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action

The company's initiatives are aligned with these SDGs through various programs and investments.

Awards & Recognition

• Best Airport in Europe (within its size category) for the second year running

Environmental Metrics

ESG Focus Areas

• Good Health and Wellbeing
• Decent Work and Economic Growth
• Industry, Innovation, and Infrastructure
• Responsible Consumption and Production
• Climate Action

Environmental Achievements

• Reduced plastic waste by 4,630 kilos compared to 2019.
• Switched to more efficient lighting systems in more areas of the airport campus.
• Increased the number of hybrid cars in the vehicle fleet.
• Laid groundwork for the procurement of a fourth photovoltaic system, increasing clean energy generation capacity by 60%.

Social Achievements

• Launched an Employee Wellbeing Programme including free gym memberships and mental health support.
• Implemented a staggered work roster and work-from-home opportunities to ensure business continuity and employee safety during the COVID-19 pandemic.
• Launched an e-training platform, resulting in 5,247 hours of training despite pandemic challenges.
• Introduced Bonusly, a digital recognition platform to foster employee engagement and community.
• Donated €3,000 to Dr Klown and made other donations to children's homes and the Malta Community Chest Fund.

Governance Achievements

• Established an Occupational Health and Safety Committee.
• Implemented new Occupational Health and Safety protocols and guidelines in response to COVID-19.
• Developed a Work from Home Policy.
• Introduced Employee Focus Groups to enhance employee engagement and feedback.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic significantly impacted operations, leading to reduced investments and a hiring freeze.
• Significant drop in passenger movements (-76.1%) due to travel restrictions.
• Reduced revenue and a net loss of €4.3 million at group level.
• Low precipitation levels impacting rainwater harvesting.

Mitigation Strategies

• Implemented tiered salary reductions to preserve liquidity and safeguard jobs.
• Leveraged government's COVID-19 wage supplement benefit.
• Implemented cost-cutting measures and suspended non-essential projects.
• Introduced a programme for more effective and accurate water metering and monitoring.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising sea levels

Reporting Standards

Frameworks Used: GRI Standards: Core option

Third-party Assurance: PricewaterhouseCoopers (PwC) Malta

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action

Awards & Recognition

• HR Excellence award from Airports Council International
• 'Best Airport in Europe' award from Airports Council International
• 5-star rating for COVID-19 health and safety efforts from Skytrax
• Best Airport Award in the context of COVID-19 from Airports Council International
• Voice of the Customer Certificate from Airports Council International

Environmental Metrics

ESG Focus Areas

• Climate Action
• Good Health and Wellbeing
• Decent Work and Economic Growth
• Industry, Innovation and Infrastructure
• Responsible Consumption and Production

Environmental Achievements

• Registered a drop in energy intensity over 2020 (24.6%)
• Purchased less groundwater than in the previous year (21%)
• Progressed to Level 2 of the Airport Carbon Accreditation Programme
• Commissioned the airport campus’s fourth PV system (760KWP capacity)
• Introduced organic waste bins at offices
• Expanded bee project with a second apiary

Social Achievements

• Provided COVID-19 testing services on campus
• Offered complimentary on-site GP services and health insurance
• Delivered 6,000 kilos of fresh fruit to offices
• Made 41 mental health sessions available
• Provided 179 complimentary eye tests
• Delivered 2,312 hours of health & safety training
• Administered 90 influenza jabs
• Offered 1,300 complimentary gym sessions
• Airport Care Team assisted passengers
• Received Skytrax 5-star COVID-19 safety rating
• Received Airport Health Accreditation from ACI
• Donated €52,773 to various organizations (€10,773 from employee-driven events, €42,000 from philanthropy fund)
• Provided training opportunities to 99% of employees
• 87% of employees would recommend MIA as a good employer

Governance Achievements

• Named Company of the Year by the Malta Stock Exchange for its 2019 financial performance
• Established Environmental Working Group
• Completed upgrade of CUTE system
• Introduced new PRM handling system
• Launched redesigned website
• Replaced fire detection panels and detectors
• Delivered two Rosenbauer Panther 6x6 fire trucks
• Commissioned a new Building Management System (BMS)

Climate Goals & Targets

Environmental Challenges

• COVID-19 related challenges impacting environmental initiatives and employee wellbeing
• Turbulence in the aviation industry impacting employee morale
• Slower recovery pace compared to competitors due to stringent travel requirements
• Concerns from neighboring communities regarding airport operations, parking, emergency scenarios, and aircraft noise

Mitigation Strategies

• Persisted with environmental initiatives despite COVID-19 challenges
• Focused on carbon and energy management, installing PV systems and optimizing energy usage
• Offered peace of mind to employees regarding job security through financial stability
• Addressed community concerns through accelerated environmental efforts, infrastructure investments, emergency preparedness, and noise mapping exercises
• Collaborated with authorities to align travel requirements with EU framework
• Implemented cost-cutting measures while maintaining financial stability

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Efforts to source more environmentally friendly alternatives for single-use items
• Prioritization of local suppliers (83% of total spend)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Desertification

Transition Risks

• Failure to achieve climate-related targets impacting destination appeal

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: Airport Carbon Accreditation (Level 2), Airport Health Accreditation (ACI), Skytrax COVID-19 5-star health & safety rating

Third-party Assurance: PricewaterhouseCoopers (PwC) Malta

UN Sustainable Development Goals

• Good Health and Wellbeing
• Decent Work and Economic Growth
• Industry, Innovation and Infrastructure
• Responsible Consumption and Production
• Climate Action

Company initiatives aligned with these SDGs.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Company of the Year (Malta Stock Exchange)
• Best Airport in Europe (4th year running)

Environmental Metrics

ESG Focus Areas

• Climate Action
• Responsible Production and Consumption
• Good Health & Wellbeing
• Decent Work & Economic Growth
• Industry, Innovation & Infrastructure

Environmental Achievements

• 50% of clean energy generated (equivalent to 30% of company consumption)
• 52.1% drop in net electricity consumption per passenger
• GHG emissions intensity target of under 1.0 kilo of CO2 per passenger achieved (actual: 0.86 kilos)
• 0.11 kilos of landfill waste per passenger (target: 0.20 kilos)

Social Achievements

• Introduced empowerment as a company value
• 74 employees became certified mental health first aiders
• Donated over €80,000 through its CR Committee
• 11,463 hours of training provided to employees

Governance Achievements

• 58% of leadership positions filled through internal mobility (target: 60%)
• New collective agreement providing additional benefits came into effect

Climate Goals & Targets

Environmental Challenges

• Failure to meet water targets due to exceeding passenger numbers and below-average precipitation
• Challenges in waste separation due to increased passenger traffic
• Hornet attacks impacting honey bee populations and honey yields

Mitigation Strategies

• Planned initiatives for 2023 and 2024 to optimize water usage (e.g., replacing turf with indigenous vegetation)
• Development of an in-depth internal Waste Management Plan
• Introduction of organic waste bins
• Collaboration with stakeholders to optimize waste separation processes

Supply Chain Management

Responsible Procurement

• Drafting of an environmental clause to be included in certain tenders

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Third-party Assurance: PricewaterhouseCoopers (PwC) Malta

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 13 (Climate Action)

Company initiatives align with these goals.

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Employee Well-being
• Community Engagement

Environmental Achievements

• Reduced electricity consumption by 3% despite a 33% increase in passenger traffic.
• Generated 3.2 million kWh of energy from renewable sources (triple the 2019 amount).
• Met the GHG emissions intensity target of 0.8–1.0 kilos of CO2 per passenger (actual: 0.65 kilos).

Social Achievements

• Surpassed the 400th employee milestone, closing 2023 with 435 team members.
• Signed a new collective agreement covering 2023-2027, securing improved salary packages and benefits.
• Provided an average of 37 hours of training per employee (19% increase over 2022).
• Launched an employee engagement survey on Airport Employee Customer Experience (AECX).

Governance Achievements

• Maintained its rank among the best airports in Europe for the sixth consecutive year.
• Applied for Level 4 of ACI’s Customer Experience Accreditation Programme.

Climate Goals & Targets

Environmental Challenges

• Summer schedule presented operational challenges requiring enhanced multi-stakeholder cooperation.
• Capacity constraints at peak times due to increased passenger traffic.
• Increased fuel consumption due to heightened operations and generator usage.
• Evolving passenger expectations requiring adaptation of services.

Mitigation Strategies

• Proactive measures to ensure operational resources were available.
• €250 million investment program to address capacity constraints and improve efficiency.
• Investments in energy management solutions to reduce electricity consumption.
• Investments in new technologies to optimize passenger journey and enhance customer experience.
• Ongoing initiatives to improve guest experience and address pain points.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Waste management clause and environmental data collection clause within tenant agreements.

Climate-Related Risks & Opportunities

Physical Risks

• Power cuts

Transition Risks

• Rising inflation impacting passenger numbers.

Opportunities

• Investments in renewable energy sources.

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI)

Certifications: Airport Carbon Accreditation (ACA) Level 2

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 'Best Airport in Europe' accolade (ACI ASQ survey)