Airbus // Universal Registration Document 2021
1. Information on the Company’s Activities /
1.2 Non-Financial Information
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Sustainability Commitments Furthermore, the Company understands that contributing to a sustainable society must be achieved not just through what it does but also how it does it, aiming at minimising negative impact and maximising the positive. In order to give direction and focus, in 2020 the Company updated its sustainability strategic
framework around the below listed four sustainability priority commitments that apply across its entire value chain. These commitments are in close connection with the UN SDGs and contribute more specifically to eight of them.
The Company’s four Commitments
Material topics
SDGs
Section
Environmental impact of our operations Environmental impact of our products
#1 Lead the journey towards clean aerospace
1.2.2
Product Safety Cybersecurity Health & Safety
#2 Build our business on the foundation of safety and quality
1.2.3
Human Rights Inclusion & Diversity Labour Relations People
#3 Respect human rights and foster inclusion
1.2.4
#4 Exemplify business integrity
Business Integrity
1.2.5
Several sources were essential in deciding on the four commitments, including the 2019 materiality assessment, a thorough benchmark, an analysis of market and regulatory trends, an evaluation of ESG risks in the Company’s risk report, a human rights gap analysis and the consideration of the Company’s values.
Across each commitment the Company has set key performance indicators (“ KPIs ”) and targets enabling the Company to monitor progress towards these ambitions. These can be found in “– 1.2.8 ESG Data Board”, which gathers all reported sustainability metrics. They can also be found in the related sections of this chapter which is structured around each of the four commitments above, completed by two sections which cut across all four commitments, “– 1.2.6 Responsible Supply Chain” and “– 1.2.7 Community Impact”.
Stakeholder engagement At a strategic level, the 2019 materiality assessment was a critical exercise in capturing the voice of 12 of the Company’s most important stakeholder groups, helping it identify which ESG issues were most material to them, and integrating this into its strategy. These key stakeholder groups included:
Customers
NGOs
Authorities
MRO providers
Suppliers
Investors
Governments
Airports
Partners
Employees
Industry Associations
Community at large
or could have, the most impact on. These were both captured via surveys sent to the Company’s executives. Results led to the following three-dimensional materiality matrix, fundamental in establishing the Company’s four commitments. The intention is to launch a new assessment in 2022.
The stakeholder viewpoint was captured via a mix of surveys and artificial intelligence ( via analysis of reports, legislation and media sources). The materiality viewpoint of stakeholders was mapped against the actual or potential impact on the Company of identified environmental, social and governance (“ ESG ”) issues, in addition to an analysis of which ESG issues the Company has,
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Airbus / Registration Document 2021
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