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Corporate governance

Key topics of focus

Materiality analysis

We have developed a sustainability strategy that is the cornerstone of our commitment to corporate social responsibility. As part of a systematic process, we regularly analyze important fields of action and key topics for our sustainability management and reporting. In doing so, we have an eye on both MTU business and the concerns of our stakeholders.


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Our focus is on product stewardship, which addresses the key topics of quality, safety, fuel efficiency, aircraft engine CO2 and noise emissions, and innovations.

We review our sustainability strategy annually as regards the latest changes and developments. This allows us to recognize opportunities and risks for our business in good time and to honor our claim of being a company that acts in a sustainable manner. In this materiality analysis, we evaluate the individual topics using defined criteria. These criteria correspond to each topic’s significance for our business activities and how these affect society and the environment. The criteria are incorporated into the evaluation according to a defined weighting scheme. The analysis covers all our key business areas and fully consolidated locations as well as information gathered from our dialogue with stakeholders, with which we address societal expectations and requirements. → More information about Stakeholder dialogue. We present the results for the respective financial year in a materiality matrix.

The materiality analysis follows a multi-stage process: It is managed by the central CR coordination team, with analysis of the key topics performed by the CR divisional coordinators within the departments. Next comes a workshop in which the interdisciplinary CR team discuss the evaluation of the topics and their position within the materiality matrix. Acting as the ultimate decision-making body for sustainability, the CR Board then signs off on the matrix. The Executive Board and the Supervisory Board’s Audit Committee are involved in the materiality determination process. → Our CR management in detail

Results for 2019

For financial year 2019, we defined a total of 24 topics with a material economic, environmental or social impact, which we are pursuing as part of our sustainability management. Changes to the previous year mainly relate to the higher importance rating of human rights for our CR management, which henceforth extends not only to our own employees, but also to the supply chain (previously only with respect to responsible sourcing). Due to expansion at numerous locations and the increasing levels of digitalization, employee development has become more crucial to our company’s success. Group-wide, diversity & equality of opportunity were rated less of a priority in the reporting year. In addition, the aspect of discrimination is covered by human rights. Given the differing approaches to managing IT security and data protection, we have evaluated and mapped these topics separately. Due to current challenges, environmental protection in production is of increasing importance within our sustainability strategy. The same goes for responsible supply chains (responsible sourcing, OEM and MRO).

Materiality matrix: Important sustainability topics for MTU

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Evaluation of topics for the financial year 2019 adopts the materiality concept in accordance with the legal implementation of CSR guidelines in Germany (CSR-RUG)

Steadily increasing shareholder value and demographic change are no longer pursued as individual topics within our sustainability strategy. Steadily increasing the value of the company is already covered by the definition of materiality and thus is the foundation for all our activities. Demographic change is no longer a separate topic because the relevant aspects, such as employee training, are already covered by other topics. Environmental and occupational safety compliance has been integrated into those topics.

We have identified no new key topics as part of the current materiality process.

 

Materiality principle (GRI 103-1)

Product stewardship

Material topics

Relevance for MTU along the value chain

 

Upstream activities (e.g. supply chain)

Activities within the MTU group

Downstream activities (e.g. flights operated by airlines)

Product quality and flight safety

significant

significant

significant

Innovation

significant

significant

significant

Fuel efficiency and CO2emission of products

 

significant

significant

Noise emission of products*

 

significant

significant

Exhaust emission of products

 

significant

significant

Corporate governance

Material topics

Relevance for MTU along the value chain

 

Upstream activities (e.g. supply chain)

Activities within the MTU group

Downstream activities (e.g. flights operated by airlines)

Trade compliance

significant

significant

significant

Anti-corruption

significant

significant

significant

Human rights

significant

significant

significant

IT security

significant

significant

significant

Data protection

significant

significant

significant

Employees and society

Material topics

Relevance for MTU along the value chain

 

Upstream activities (e.g. supply chain)

Activities within the MTU group

Downstream activities (e.g. flights operated by airlines)

Employee development

 

significant

significant

Occupational safety

significant

significant

significant

Diversity and equality of opportunity

 

significant

 

Work-life balance

 

significant

 

Health management

 

significant

 

Stakeholder dialog

 

significant

significant

Corporate citizenship

 

significant

 

Value creation

Material topics

Relevance for MTU along the value chain

 

Upstream activities (e.g. supply chain)

Activities within the MTU group

Downstream activities (e.g. flights operated by airlines)

CO2 emissions at production sites

 

significant

 

Environmental management: water

 

significant

 

Environmental management: energy

 

significant

 

Noise abatement at production sites

 

significant

 

Environmental management: waste

 

significant

 

Responsible sourcing OEM business

significant

significant

significant

Responsible sourcing MRO business

significant

significant

significant

*material topic for commercial aircraft engines due to inclusion in certification specifications

 


Global goals for sustainable development
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Goals and goal attainment for 2019
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