Materiality: Analysis of stakeholder expectations
Sustainable corporate management
Our sustainability strategy takes into account the material topics and includes the associated measures for their implementation as well as the defined targets in the strategic sustainability program. Topics are material if they influence the sustainable development of the airport’s economic, ecological, or social environment. FMG has defined key figures that make it possible to measure the achievement of strategic goals and the effectiveness of measures. In addition to EBT (consolidated earnings before taxes) and the customer satisfaction indicator PEI (Passenger Experience Index), CO₂ savings and the lost time injury frequency rate LTIF (Lost Time Incident Frequency) are also used as key performance indicators.
Materiality process: the basis of our sustainability strategy
To evaluate the defined material topics, we conduct annual surveys with our stakeholders – including travelers, local residents, employees, and airport management. The results of the survey are incorporated into a Materiality Matrix. In fiscal year 2025 14 material topics form the core of the airport’s sustainability activities. Adjustments reflect a strategic reassessment and can be referenced in the Global Reporting Initiative (GRI) index.
1. Assessment
At the end of 2024 FMG provided its stakeholders with an anonymized online survey via internal and external communication channels. More than 830 participants evaluated the material topics and once again showed strong interest in issues relating to sustainable development. The results are reflected in the Materiality Matrix.
2. Implementation
For each material topic, Munich Airport has developed specific management approaches that align with the GRI Standards. These approaches, together with their related goals and measures, are published as part of integrated reporting.
3. Operationalization
The sustainability program serves as the Group-wide roadmap for sustainable corporate development. It defines concrete goals and actions that are highly relevant for the coming years. As part of annual coordination rounds, the strategic sustainability program is reviewed with the relevant departments, and progress toward target achievement is evaluated.
4. Further development
The planned EU Corporate Sustainability Reporting Directive (CSRD) will fundamentally change the approach to sustainability reporting. Once enacted, it will require companies to disclose data on environmental, social, and governance (ESG) matters.
As a result of the current process, both internal and external stakeholder groups have assessed the materiality of the topic of «Safety,» – now considered separately from «Air Traffic Development» – as very high. The topic of «Supply Chain Responsibility» was revised in terms of content and renamed «Sustainable Procurement.»
Key aspects of sustainable development are regularly discussed as part of an internal sustainability committee. Here, the Executive Board exchanges views with subject matter experts and senior leadership members and makes strategic decisions. Since 2024, a newly established sustainability committee has strengthened Group-wide exchange on sustainability topics. Colleagues from various departments meet several times a year to consult on current projects and developments.
Materiality matrix
Importance for external stakeholders
Importance for internal stakeholders
medium
high
very high
1
* individually assessed from 2024
** 2023 «Responsibility in the supply chain»