8. Incentive Systems

The company discloses how target agreements and remuneration schemes for executives and employees are also geared towards the achievement of sustainability goals and how they are aligned with long-term value creation. It discloses the extent to which the achievement of these goals forms part of the evaluation of the top managerial level (board/managing directors) conducted by the monitoring body (supervisory board/advisory board).

The Executive Board of FMG comprises three members who are responsible for the Group’s corporate policy and strategic focus. It determines the budget and monitors business developments.  
While the Executive Board and divisions are responsible for achieving these targets, all first and second-tier managers are responsible for implementing them. Members of top management take responsibility for the sustainability program initiatives, while members of middle management are responsible for implementing the associated measures. Manager remuneration then contains a variable element calculated according to the success of the initiatives and measures. Munich Airport measures the performance of its managers using financial and non-financial indicators. In doing so, it focuses primarily on indicators that measure corporate sustainability and quality. FMG monitors target achievement in an internal management report prepared on a quarterly basis. This approach aims to ensure that the sustainable strategic targets are incorporated into day-to-day work.