Prague Airport places great emphasis on doing business in line with the principles of sustainable development. Operating an international airport includes a wide array of activities that impact various interest groups and areas. Voluntary integration of corporate responsibility principles in daily tasks of the company as well as the plans for further development has become an integral part of our business. We don’t look at the company’s success only in terms of economic profit, but also at the road that leads to it. As a large company, we feel great responsibility to all stakeholders and the future world.3 sloupky1 Environmental ResponsibilityMore Social ResponsibilityMore Governance, Ethics and Transparent BusinessMore Strategic Approach to the ESG and Sustainable DevelopmentThe commitment to a socially responsible and sustainable business is an integral part of the Prague Airport Group company culture. It is our priority to be a trustworthy, transparent and responsible company that applies the principles of sustainable development to our business. In terms of our long-term ESG Strategy (Environmental, Social and Governance), we focus on eight critical material areas relevant to the field we operate in. The ESG and sustainability agenda is the responsibility of the entire Board of Directors, namely Vice Chairman of the Board of Directors Jiří Kraus who bears direct responsibility for the Environment, Sustainability and ESG unit run by its director and the guarantor of the entire ESG programme. Pavel Východský, a Member of the Board of Directors, is in charge of the non-financial reporting agenda. These two inseparable topics are addressed simultaneously through a dedicated working group composed of the guarantors responsible for Environment, Social and Governance:E: Environmental Protection | Director of the Environment, Sustainability and ESG UnitS: Employee Care | Director of the Human Resources UnitS: Non-Profit Sector and Cooperation With Surrounding Communities | Director of the Communication and Marketing UnitG: Transparent Business and Corporate Governance | Director of the Audit, Risk Management and Compliance UnitEach of the eight areas is further broken down into several sub-objectives and activities. At the same time, they are all reflected in the policies of the relevant organisational units throughout the airport. The long-term goals of the sustainability strategy are also reflected in the motivation system for senior management and relevant employees. Strategic projects and tools are approved by the Project and Investment Steering Committee. One of the projects discussed in 2022 was the Socially Responsible Public Procurement project - a tool for transferring ESG requirements to business partners. The Energy Board approves investment measures and projects aimed at achieving energy savings or implementing sustainable resources. ESG is also integrated into the agendas of other organisational units, in particular investments, development plans, IT, finance, marketing, customer experience and more. ESG Goals and Commitments of Prague AirportEnvironmental Responsibility Goals (E) 1. Climate Resilience and Carbon NeutralityBy 2030:100% green electricity60% electric vehicles / hybridsT2 – LEED certificationReaching carbon neutralityBy 2050:Reaching net carbon neutrality2. Species-rich Airport SurroundingBy 2030:Supported 50 projects to enhance biodiversityCare of replacement habitatsOperational monitoring of streams Drafted policies and action plans for biodiversity protection By 2050:Supported 100 projects to enhance biodiversity3. Noise Abatement Measures By 2030:Completion of the Ventilation programme (allocated CZK 150 million) At night, 35% of aircraft in the quietest categories (1-4) Pursuit of active dialogue and partnership with the airport surrounding communities for a permanent improvement of the quality of life in the airport area 2030+:Night-time traffic closure upon the parallel runway launch of operation Noise monitoring extension 4. Environmental Pollution Reduction By 2025:Emission charge implementation Support for research on SVHC substances35% of electric vehicles By 2030:Airport fire brigade training area with closed water management 2nd air quality monitoring station De-icing stand with collection of de-icing concentrates Social Responsibility Goals (S)5. Equal Treatment and Responsible EmployerBy 2030:Employee turnover at 12%Sickness rate below 5%Maximum of 3.5% overtime work from the total hours worked at the airport, assuming a sickness rate of no more than 4% and adherence to the PAX plan6. Transparent Support for Surrounding Communities and the Non-Profit SectorBy 2030: Building good neighborhood relationships based on open communication and mutual listeningImproving living conditions for residents near the airport (at least CZK 25 million allocated annually)Support for the non-profit sectorGovernance, Ethics and Transparent Business Goals (G)7. Promoting Ethics and Sustainability in Business within the Company By 2030:90% of employees trained on the topic of ethical culture8. Promoting Ethics and Sustainability in Business with Business PartnersBy 2030:Transferring ethical requirements to business partners in at least 80% of business relationships Participation of Prague Airport in International InitiativesUN Sustainable Development Goals (SDGs)The Sustainable Development Goals are a joint commitment of UN members, unprecedented in the history of mankind. By 2030, the United Nations aim to eradicate world hunger, reduce poverty, protect life on land and in water, ensure access to modern technology and learn to work better together, among others things.Find more information hereDestination 2050 An international initiative bringing together major stakeholders of the aviation sector to achieve Net-Zero carbon neutrality by 2050.Find more information here Airport Carbon Accreditation An international programme aiming to reduce emissions of airport operators. Václav Havel Airport Prague has been a member since 2010.As part of the programme, Prague Airport joined the Net Zero initiative – a commitment to achieve net zero carbon neutrality by 2050.Find more information here Toulouse DeclarationA joint declaration of European airports, governments of European countries, European Commission, industry and other stakeholders on the issue of aviation decarbonisation by 2050.It introduces specific steps, such as the launch of an 'EU Pact for Aviation Decarbonisation'.Find more information here Non-financial reporting framework – Sustainability ReportPrague Airport has voluntarily reported non-financial data related to ESG topics since 2017, using the GRI reporting methodology in its Sustainability Reports.In 2023, in line with the European CSRD (Corporate Sustainability Reporting Directive), Prague Airport pursues preparatory steps for reporting non-financial data according to the ESRS (European Sustainability Reporting Standards).In 2024, further steps are taken to implement mandatory non-financial reporting according to the CSRD. One of the key steps is a dual materiality analysis with the goal to identify and prioritise the most important environmental, social, and governance aspects for our business and stakeholders. The results of the dual materiality analysis are reflected in the ESG strategy valid from 2025.The Sustainable Development Report has been published annually since 2009. Since then, it has undergone various changes, especially in terms of the scope of reported information, which has gradually changed.Current Sustainability Report incl. archive.
