Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety and security for air traffic
• Climate protection
• Aircraft noise
• Employer appeal
• Profitability of investments
• Customer satisfaction

Environmental Achievements

• Reduction of CO2 emissions for each traffic unit by 30%, from 3.7 in 2005 to 2.6 kg/TU in 2020 (target)
• Energy optimization of portfolio buildings resulting in annual savings of some 6,200 tons of CO2
• Conversion of vehicle fleet to electric drives (10% already achieved)
• New corporate Head office awarded a Preliminary Certificate in Gold by the German Sustainable Building Council
• Achieved Level 2 in the Airport Carbon Accreditation (ACA) Scheme of ACI Europe (aiming for Level 3)

Social Achievements

• Launched initiative “Great to have you here!” to increase customer satisfaction
• Improved job security perception among employees (Fraport Barometer)
• Increased employee satisfaction measured by the Group Barometer from 3.06 to at least 2.9 (target)
• Implemented environmental management system in Varna and Burgas, certified in Lima and Antalya
• Implemented Values Management System at all Group sites with majority-owned investments

Governance Achievements

• Executive Board compensation linked more firmly to longer-term criteria
• Compliance with UN Global Compact, OECD guidelines, and ILO standards
• Signed Business Conduct Rules of the AMMPL
• Introduced electronic whistleblower system

Climate Goals & Targets

Environmental Challenges

• Increasing greenhouse gas and other emissions due to growth in air traffic
• Increasing aircraft noise exposure
• Need to significantly reduce greenhouse gases
• Potential for additional regulations to reduce noise
• Demographic development affecting the job market

Mitigation Strategies

• Supporting the four-pillar strategy for the air traffic industry
• Proactive measures for aircraft noise abatement (e.g., Dedicated Runway Operations, optimizing Continuous Descent Approach)
• Implementing energy savings measures in buildings and vehicle fleet
• Developing a “Future check” for airport security
• Developing personnel strategy to address demographic change

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• 64% of purchase orders in 2010 went to companies located in the Rhine-Main region

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions

Transition Risks

• Regulations for CO2 reduction
• Emission Trading System (ETS)

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: GRI G3

Certifications: EMAS, ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Roller system for baggage conveyance
• Vacuum lifting technology for baggage handling

Awards & Recognition

• SAM Silver Class in the Sustainability Yearbook
• Topit Quality Award for Quality Management
• Award for sustainable mobility concepts from the “eCarTec” exhibition

Environmental Metrics

ESG Focus Areas

• Operating efficiency and excellence
• Infrastructure development
• Customer experience
• Relations with the State
• Communication with the airport community and other social actors
• Occupational safety and health of our employees
• Airport security
• Results-based development of employees
• Generation of greenhouse gases at the terminal and energy consumption
• Labor and environmental standards in the value chain
• Waste management at the terminal

Environmental Achievements

• Reduced bird impacts from seven in 2015 to six in 2016 despite increased aircraft traffic.
• Implemented monitoring and control measures for emissions, with only 5 out of 89 units slightly exceeding emission caps.

Social Achievements

• Entered the Great Place to Work ranking for the first time, achieving 11th place.
• Reduced the number of accidents by more than half compared to 2015.
• Launched the “Smile. New airs in the airport” citizenship promotion project.
• Reduced claims by 6.5% compared to 2015.

Governance Achievements

• Established “Compliance Month” to promote ethical behavior.
• Implemented an electronic reporting system for inappropriate behavior (no reports submitted in 2016).

Climate Goals & Targets

Environmental Challenges

• Increased accident ratio from 2.6 in 2015 to 3.39 in 2016 due to increased passenger flow and aircraft movement.
• Two sanctions imposed by OSITRAN in 2016 for non-compliance with contractual obligations.
• Sanctions imposed by DGAC for operational and administrative issues.

Mitigation Strategies

• Emphasis on prevention and improvement of internal processes and accident reporting.
• Corrective actions taken to address OSITRAN sanctions.
• Corrective measures underway to address DGAC sanctions.

Supply Chain Management

Supplier Audits: Comprehensive technical assessments (ETIs) and audits; 100% of new suppliers examined according to environmental and labor criteria.

Responsible Procurement

• Code of Conduct shared with all suppliers and contractors.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 14001 (since 2003)

Awards & Recognition

• Great Place to Work ranking (11th place)
• Good Employers Association recertification as an Entrepreneur Partner

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Economic Efficiency
• Employee Satisfaction
• Climate Protection
• Noise Abatement
• Community Engagement
• Occupational Health and Safety
• Diversity and Equal Opportunity

Environmental Achievements

• Reduced CO2 emissions by 0.8% compared to the previous year at Fraport AG (excluding the impact of new acquisitions).
• Frankfurt Airport reached Level 3 (“Optimisation”) in the Airport Carbon Accreditation program.
• Energy savings due to conservation and efficiency improvements (Fraport parent company): 94.92 million kWh

Social Achievements

• Employee satisfaction rating of 2.76 (slightly above the previous year's adjusted value).
• Reduction in employee turnover rate to 7.9% (from 8.3% in the previous year).
• Proportion of women in management positions in Germany: 26.0%.

Governance Achievements

• Implementation of a new policy on accepting gifts and invitations to strengthen integrity and corruption prevention.
• No cases of alleged corruption reported and investigated in 2018.

Climate Goals & Targets

Environmental Challenges

• Increased energy demand due to unusually long and hot summer and strong passenger growth.
• Increased waiting times at security checkpoints during peak traffic.
• High employee turnover rates in some Group companies due to business model or activities.

Mitigation Strategies

• Ongoing programs to improve energy efficiency.
• Cooperation with authorities and security companies to reduce waiting times at security checkpoints.
• Increased recruitment and training activities to address demographic change and traffic growth.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct (compulsory for business partners and suppliers)
• Consideration of social and ecological criteria in purchasing decisions

Climate-Related Risks & Opportunities

Physical Risks

• Increase in unpredictable extreme weather events (heavy rain, thunderstorms, hailstorms, wind gusts, fog, heat waves, drought)
• Business interruptions, delays, capacity cutbacks, damage to infrastructure

Transition Risks

• Tighter regulatory requirements

Opportunities

• Development of energy-efficient products
• Reduced costs of site clearing and aircraft de-icing during warmer winters

Reporting Standards

Frameworks Used: GRI Standards (Core option), Airport Operators Sector Disclosures, EMAS, ISO 14001

Certifications: ISO 14001, ISO 9001

Third-party Assurance: Institut für Umwelttechnik Dr. Kühnemann und Partner GmbH

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Energy savings due to conservation and efficiency improvements of 130.10 million kWh (2020)
• Increased recoverability rate of waste to 84.5% (2020)

Social Achievements

• Community engagement of €6.1 million (2020)
• Reduced number of work-related injuries to 421 (2020)

Governance Achievements

• No cases of alleged corruption reported in 2020

Climate Goals & Targets

Environmental Challenges

• Pandemic impact making 2020 figures not comparable to previous years
• Increased employee turnover in 2020 due to personnel adjustment measures related to the COVID-19 pandemic

Mitigation Strategies

• Short-term work schedules implemented to mitigate pandemic impact
• Various measures to address climate change effects, such as adapting rainwater holding tanks and expanding winter service facilities

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct requiring compliance with national laws and international standards

Climate-Related Risks & Opportunities

Physical Risks

• Increased extreme weather events (heavy rain, thunderstorms, hailstorms, wind gusts, fog, warmer summers, drought)
• Business interruptions, delays, capacity cutbacks, damage to infrastructure

Transition Risks

• Tighter regulatory requirements

Opportunities

• Reduced winter site clearing costs due to warmer winters
• Reduced energy consumption in buildings during winter

Reporting Standards

Frameworks Used: GRI, UN Global Compact

Certifications: EMAS

Third-party Assurance: Institut für Umwelttechnik Dr. Kühnemann und Partner GmbH

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 8 (Decent work and economic growth)
• Goal 9 (Industry, innovation, and infrastructure)
• Goal 11 (Sustainable cities and communities)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)

Report details how initiatives contribute to these goals

Environmental Metrics

ESG Focus Areas

• Corporate Governance and Compliance
• Respect for human rights
• Environmental matters
• Customer satisfaction and security
• Employee-related matters
• Social matters

Environmental Achievements

• Completion of Pier G by the end of January 2022
• Installation of the first large photovoltaic system at Frankfurt Airport in March 2021, generating approximately 1.5 million kilowatt hours of climate-neutral electricity per year.
• Since July 2021, purchasing shares of electricity requirements from wind turbines via a Power Purchase Agreement (PPA).

Social Achievements

• Reopening of Terminal 2 on June 1, 2021, after being closed for over 400 days.
• Continued implementation of the “Zukunft FRA –Relaunch 50” program to ensure a sufficient number of qualified and motivated personnel.
• Award of the Audience Award in the “Diversity Challenge of the Diversity Charter” for a film on diversity by Fraport apprentices.

Governance Achievements

• Adaptation of the Executive Board remuneration system to include non-financial elements, approved by the Annual General Meeting on May 26, 2020.
• Fundamental revision and extension of Group-wide minimum requirements for local Compliance Management Systems (CMS) in 2021.

Climate Goals & Targets

Environmental Challenges

• Continuing impact of the coronavirus pandemic on the Fraport Group.
• Higher level of debt to ensure long-term liquidity as a result of the coronavirus pandemic.
• Challenge of ensuring a sufficient number of qualified and motivated personnel despite extensive personnel management measures.

Mitigation Strategies

• Short-time work schedules for large parts of the company in 2021.
• Emergency collective agreement for German airports to reduce personnel costs.
• Implementation of various infection control measures at Group airports.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct included in General Terms and Conditions (GTC).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI 2016

Third-party Assurance: PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (limited assurance)

Awards & Recognition

• Airport Health Accreditation (ACI)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Employee Well-being
• Community Engagement
• Corporate Governance
• Economic Enhancement

Environmental Achievements

• Reduced CO2 emissions (Scope 1 & 2) by -3.8% compared to 2021.
• Increased total recoverability rate of waste volume by 3.7 percentage points to 89.8%
• Reduced specific total energy consumption by 24.9%.

Social Achievements

• Employee turnover decreased by 12.8% to 15.0%
• Increased proportion of women in management positions in Germany (level 1 and 2) by 2.3 percentage points to 29.4%
• LTIF (Lost Time Injury Frequency) accidents per 1 million hours worked increased by 2.3 to 22.6

Governance Achievements

• Established a Group policy on the compliance management system for all fully consolidated Group companies.
• Implemented an electronic whistleblower system.
• Executive compensation linked to ESG objectives (at least one performance criterion must be an ESG objective).

Climate Goals & Targets

Environmental Challenges

• Traffic growth (post-Corona) and expansion of infrastructure offsetting CO2 reduction efforts.
• Impacts of climate change.
• Postponement of measures due to the coronavirus pandemic.

Mitigation Strategies

• Defined and implemented targeted measures to significantly reduce CO2 emissions.
• Expansion of in-house generation of solar power.
• Long-term purchase agreement for electricity from offshore wind power.
• Ongoing program to gradually convert the vehicle fleet to alternative drives.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Impacts of climate change

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, UN Global Compact

Certifications: ISO 14001, EMAS

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 3, 4, 5, 6, 7, 8, 9, 11, 12, 13, 15, 17

Fraport's initiatives contribute to these SDGs through various environmental, social, and governance programs.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Anti-corruption and bribery matters
• Respect for human rights
• Customer satisfaction and security
• Employee-related matters
• Social matters
• Environmental matters

Environmental Achievements

• Group LTIF decreased to 20.6 in the 2023 reporting year (previous year: 22.6).
• Acquisition of 94 electric vehicles and auxiliary devices in 2023.
• Construction of another fence system for high electricity yields from photovoltaic system.

Social Achievements

• Redesigned Group Barometer to measure employee satisfaction.
• Offered seminars to raise awareness about prejudices, racism, and discrimination.
• Continued language education for international workers.

Governance Achievements

• Implemented the due diligence obligations resulting from the German Supply Chain Act (LkSG).
• Expanded the electronic whistleblower system by the categories “Human Rights Violations” and “Environmental Crimes”.
• Implemented a new e-learning course, Compliance Basic Knowledge for Executives at Fraport AG.

Climate Goals & Targets

Environmental Challenges

• Limited success in recruitment campaign for Ground Handling due to strong traffic growth and increased personnel demand.
• Increased accident figures in Ground Handling due to fast traffic recovery after the coronavirus pandemic.
• No additional reportable risks for Fraport which are very likely to have or will have a substantial negative impact on the reportable aspects beyond the material risks already listed in the “Risk and Opportunities Report” chapter.

Mitigation Strategies

• Infrastructure measures introduced to improve baggage connectivity, including automation of non-transported baggage forwarding.
• Integration of occupational safety measures into training, particularly in Ground Handling.
• Implementation of the German Supply Chain Act (LkSG) and the German Whistleblower Protection Act.

Supply Chain Management

Supplier Audits: Daily audits regarding relevant sanction lists of the EU and the United States.

Responsible Procurement

• Supplier Code of Conduct (available at www.fraport.com/en/compliance)

Climate-Related Risks & Opportunities

Physical Risks

• Various chronic and acute climate risks assessed for Frankfurt and Fraport Greece sites using Munich Re’s Location Risk Intelligence Platform.

Reporting Standards

Frameworks Used: GRI 2021

Certifications: ISO 9001, ISO 14001, EMAS

Third-party Assurance: Deloitte GmbH Wirtschaftsprüfungsgesellschaft (limited assurance)