Page 7 - Corporate Responsibility Report 2015
P. 7
Corporate Responsibility Report 2015
The Corporate Responsibility Report position, both supported by the the core of AIA’s CR Action Plan
2015 presents the sustainability pricing and targeted incentives policy and CR Reporting is the bi-annual
objectives, management practices of AIA. Furthermore, the increase Materiality exercise where AIA
and attained performance of Athens of inbound tourism of Greece and management identifies, prioritises
International Airport (AIA), as a Athens reached record levels, with and validates the sustainability
direct outcome of the consistent the city of Athens being increasingly aspects that are essential for the
balancing of our roles as an efficient selected by foreign passengers as an company and its stakeholders. In
airport manager and a responsible intermediate stop. 2015 AIA advanced its materiality
entrepreneur under a public private analysis by enhancing the
partnership scheme. As a result of all the above, in identification and rating process of
2015 the airport’s passenger traffic material issues and by taking into
Throughout the years, the Airport reached the record level of 18.1 account the recently introduced
Company consistently responds to million exceeding prior-year levels by (September 2015) Sustainable
the growing sustainability challenges 2.9 million passengers, corresponding Development Goals of the United
by practicing effective corporate to a significant increase of 19.0%. The Nations, building on our steady
governance and implementing number of flights amounted to 176.2 commitment towards the UN Global
adaptable and innovative thousands surpassing the respective Compact since 2008. The outcome of
entrepreneurial solutions. AIA 2014 levels by 14.0%. Our support the exercise determines the content
continuously and effectively responds to our airline partners, particularly of this 13th consecutive annual CR
to emerging adversities and adjusts through our incentives plan, was Report and constitutes the focus
its strategies in order to carry on once more appreciated at this of the independent CR assurance
delivering solid financial and non- year’s “Routes Europe”, the leading process. This essential corporate
financial value to our stakeholders. airline and airport networking practice of consistently acting upon
Thus, our long term success extends route development forum, with the and transparently reporting on “what
beyond the attractiveness of our top distinction in the “4-20 million matters, where it matters” is at the
financial performance, being the passengers” category, rendering AIA pinnacle of AIA’s enduring efforts for
outcome of a reliable collaboration the most awarded airport with 15 corporate responsibility.
with our stakeholders. distinctions in 11 years.
Safety
Airport Business Developments The significant traffic increase Safety for customers and the
2015 marked a surge of global coupled with prudent cost public is continuously evaluated
demand for air travel despite weak management helped AIA post as the top material issue for the
economic growth, supported by improved profits. The Company Airport Company. During 2015
lower fares enabled by low fuel recorded Profit before Tax of €179.8 AIA continued pursuing its main
prices but also reflecting new market million while the valuation of our goal to further enhance operational
dynamics, strong demand for aviation corporate responsibility activities readiness while maintaining aviation
connectivity and changing consumer was at 2.92% of the total operating safety and airport emergency
behaviours. Worldwide, air travellers expense (vs 2.50% in 2014) with the management preparedness. A
increased by more than 6,0%, the total valuation of AIA’s social product mixture of training sessions and
strongest growth level in the last yield also increasing at €106.9 million practical exercises (including
5 years, while the airline industry (vs 100.6 million in 2014). These seven emergency exercises) were
achieved significantly enhanced net figures substantiate the Airport successfully organised with the
profit margins in 2015 at the level of Company’s consistent commitment participation of AIA and third party
4,6% (compared to 2,3% in 2014). of balancing sound financial personnel. The European project
performance with a sustainable “PROSPERO” (Proactive Safety
For AIA 2015 was a milestone approach to business. Performance for Operations) was
year despite the economic and completed in Dublin in October 2015
political developments in the country. The Corporate Responsibility with AIA’s participation. The project
The airport’s traffic reached record framework refers to a European proactive
levels, a favourable outcome created AIA practices Corporate safety performance model and was
by the positive evolution of a number Responsibility (CR) as a structured presented and approved by EU and
of important air travel growth drivers: governance system that is based on EASA.
the dynamic expansion of the Greek globally acknowledged standards
home-based carrier’s international and best practices. In line with the AIA fully complies with legal
network and the strengthening of provisions of the Global Reporting and regulatory provisions for public
the low-cost home-based carrier’s Initiative Guidelines (GRI G4),
aia.gr | 7
The Corporate Responsibility Report position, both supported by the the core of AIA’s CR Action Plan
2015 presents the sustainability pricing and targeted incentives policy and CR Reporting is the bi-annual
objectives, management practices of AIA. Furthermore, the increase Materiality exercise where AIA
and attained performance of Athens of inbound tourism of Greece and management identifies, prioritises
International Airport (AIA), as a Athens reached record levels, with and validates the sustainability
direct outcome of the consistent the city of Athens being increasingly aspects that are essential for the
balancing of our roles as an efficient selected by foreign passengers as an company and its stakeholders. In
airport manager and a responsible intermediate stop. 2015 AIA advanced its materiality
entrepreneur under a public private analysis by enhancing the
partnership scheme. As a result of all the above, in identification and rating process of
2015 the airport’s passenger traffic material issues and by taking into
Throughout the years, the Airport reached the record level of 18.1 account the recently introduced
Company consistently responds to million exceeding prior-year levels by (September 2015) Sustainable
the growing sustainability challenges 2.9 million passengers, corresponding Development Goals of the United
by practicing effective corporate to a significant increase of 19.0%. The Nations, building on our steady
governance and implementing number of flights amounted to 176.2 commitment towards the UN Global
adaptable and innovative thousands surpassing the respective Compact since 2008. The outcome of
entrepreneurial solutions. AIA 2014 levels by 14.0%. Our support the exercise determines the content
continuously and effectively responds to our airline partners, particularly of this 13th consecutive annual CR
to emerging adversities and adjusts through our incentives plan, was Report and constitutes the focus
its strategies in order to carry on once more appreciated at this of the independent CR assurance
delivering solid financial and non- year’s “Routes Europe”, the leading process. This essential corporate
financial value to our stakeholders. airline and airport networking practice of consistently acting upon
Thus, our long term success extends route development forum, with the and transparently reporting on “what
beyond the attractiveness of our top distinction in the “4-20 million matters, where it matters” is at the
financial performance, being the passengers” category, rendering AIA pinnacle of AIA’s enduring efforts for
outcome of a reliable collaboration the most awarded airport with 15 corporate responsibility.
with our stakeholders. distinctions in 11 years.
Safety
Airport Business Developments The significant traffic increase Safety for customers and the
2015 marked a surge of global coupled with prudent cost public is continuously evaluated
demand for air travel despite weak management helped AIA post as the top material issue for the
economic growth, supported by improved profits. The Company Airport Company. During 2015
lower fares enabled by low fuel recorded Profit before Tax of €179.8 AIA continued pursuing its main
prices but also reflecting new market million while the valuation of our goal to further enhance operational
dynamics, strong demand for aviation corporate responsibility activities readiness while maintaining aviation
connectivity and changing consumer was at 2.92% of the total operating safety and airport emergency
behaviours. Worldwide, air travellers expense (vs 2.50% in 2014) with the management preparedness. A
increased by more than 6,0%, the total valuation of AIA’s social product mixture of training sessions and
strongest growth level in the last yield also increasing at €106.9 million practical exercises (including
5 years, while the airline industry (vs 100.6 million in 2014). These seven emergency exercises) were
achieved significantly enhanced net figures substantiate the Airport successfully organised with the
profit margins in 2015 at the level of Company’s consistent commitment participation of AIA and third party
4,6% (compared to 2,3% in 2014). of balancing sound financial personnel. The European project
performance with a sustainable “PROSPERO” (Proactive Safety
For AIA 2015 was a milestone approach to business. Performance for Operations) was
year despite the economic and completed in Dublin in October 2015
political developments in the country. The Corporate Responsibility with AIA’s participation. The project
The airport’s traffic reached record framework refers to a European proactive
levels, a favourable outcome created AIA practices Corporate safety performance model and was
by the positive evolution of a number Responsibility (CR) as a structured presented and approved by EU and
of important air travel growth drivers: governance system that is based on EASA.
the dynamic expansion of the Greek globally acknowledged standards
home-based carrier’s international and best practices. In line with the AIA fully complies with legal
network and the strengthening of provisions of the Global Reporting and regulatory provisions for public
the low-cost home-based carrier’s Initiative Guidelines (GRI G4),
aia.gr | 7
