Describe your business model (including type of company, products / services)
Flughafen München GmbH (FMG) is headquartered in Munich. As the parent company of the Munich Airport Group (Munich Airport), it is the operator of Munich’s passenger airport.
Munich Airport is active via the business units Aviation, Commercial Activities, Real Estate and Participations, and Services & External Business. The service profile of the Group covers virtually all the services available at the airport campus – from air travel including passenger and cargo handling through to retailing, hotels, and catering services. This integrated business model and depth of added value sets Munich Airport apart from its European competitors.
Munich Airport is committed to a corporate policy of sustainability
. The orientation on economic, environmental, and social goals ensures public acceptance of the airport and consequently the viability of its business model.
and services are generated (output) in the four business units. The value-added process is based on six forms of capital (input), which the airport uses to generate new values. This is the basis for the next fiscal year (outcome).
Further information: Business model
The owners of FMG are the Free State of Bavaria with 51.0 percent, the Federal Republic of Germany with 26.0 percent, and the City of Munich with 23.0 percent.
The Group’s organizational structure is divided into the business divisions, service divisions and corporate divisions of FMG. Commercial management and the internal reporting system are handled by the business units. The business units comprise the business divisions and service divisions of FMG and the Group companies integrated in the business units.
In total, the Group comprises fourteen fully consolidated companies, one associate, and four companies that are not consolidated. These are directed by Group Controlling and Corporate Investment Management in line with the business division strategy assigned in each case.
LabCampus GmbH (LabCampus) was founded on February 20, 2018 as a wholly-owned subsidiary of FMG. The corporate purpose is to establish, market, and operate buildings and infrastructure on the area of the LabCampus.
Flughafen München Realisierungsgesellschaft GmbH (MUCreal) was founded on July 17, 2018 as a wholly-owned subsidiary of FMG. The corporate purpose is to provide management services for planning and implementing infrastructure and expansion projects and to construct buildings in connection with the operation of Munich Airport.
Further information: Basis of the Group
A limited assurance engagement was performed on sustainability information in the integrated report (2018) by independent auditors from the accountancy firm KPMG.
Excerpt from the assurance report: «We have been engaged to perform an independent limited assurance engagement on selected sustainability disclosures such as Materiality and boundaries of the report, Dialog with stakeholder groups, disclosures on management approaches for selected material aspects (Customer focus; Employee training and recruitment; Equal opportunities and cultural diversity; Employee satisfaction; Training and skills management; Occupational health and safety and health management; Greenhouse gas (CO2
) and air pollutant emissions) including performance indicators and other information in relation to these material aspects, as well as the information and performance indicators on Workforce structure and Employees covered by collective bargaining agreements, air traffic figures/material use; Noise and Biodiversity, in the integrated report (Report) for the period from January 1, 2018 to December 31, 2018 published under report2018.munich-airport.de
of Flughafen München GmbH, Munich (Munich Airport).
Selected disclosures and indicators included in the scope of our assurance engagement are highlighted in the GRI
Content Index with the following symbol «», and the disclosures on Management Approaches highlighted in color in the table «Material Topics», both published online under report2019.munich-airport.de
Further information: Independent assurance report
As part of the annual environmental statement, information on the environmental management system was checked and validated in accordance with EMAS Regulation (EC) No. 1221/2009 and ISO 14001:2015 by accredited environmental auditor Dr. Reiner Beer (DE-V-0007) of Intechnica Cert GmbH (DE-V-0279).The data additionally audited by Intechnica Cert GmbH is marked in the «External audit» column of the GRI Content Index
with the following symbol:
Further information: Report profile