Our global business brings people, economies and cultures together, and drives economic growth and social progress. We assume our responsibilities and take action to reconcile growth with environmental protection, social value and local development at our hubs and our destinations. Through our operational activities, we aim to create sustainable long-term value for all our stakeholders.
OUR BUSINESS MODEL
Our goal is to become the leading airline group in Europe and one of the most powerful in the world, assuming our corporate and social responsibility as a global aviation player. To achieve this goal, we are focused on becoming our customers’ airline of choice between Europe and intercontinental destinations and between our domestic markets – France and the Netherlands – and the rest of Europe.
Thanks to the professionalism of our employees, the quality of our products and services and our operational efficiency, we are on track to realize this ambition.Thanks to the professionalism of our employees, the quality of our products and services and our operational efficiency, we are on track to realize this ambition. The business model sets out our human and intangible assets, as well as the positive outcomes created in terms of customer experience, employee experience and financial performance, and the impacts on environment and on wider society.
Find more information about our business model and our strategy: Universal Registration document 2019, section 1.2 “Strategic outlook”.
BUSINESS RESPONSIBILITY AT THE HEART OF THE STRATEGY
We have long embraced our responsibilities as both an employer and an airline group.
Our commitments are set forth in our Corporate Social Responsibility Statement, our Social Rights and Ethics Charter and our Climate Plan.
We have been a signatory of the United Nations Global Compact since 2003, and are committed to respecting its ten principles in the areas of human rights, labor, the environment and anti-corruption, and to promoting this commitment to our partners. By integrating sustainability into our business and operations, we strive to contribute to the UN Sustainable Development Goals within our scope of influence.
Our ambition is to achieve high standards of performance and to create value over the long term by reconciling profitable growth with prevention and mitigation of the extra-financial risks resulting from our business and impacting our stakeholders.
In 2019, we updated our materiality matrix and reviewed our main extra-financial risks and opportunities.
Our strategy is built on 4 pillars that are part of our value creation model and integrate our main extra-financial issues.
Environment: We aim to reduce our environmental footprint by improving our operations and processes, partnering and innovating in the supply chain and by mobilizing our staff and the industry.
Employee journey: We aim to create a safe and motivating environment for our employees. We are continuously developing skills to ensure the professionalism and employability of our staff, and to achieve the best results for our business.
Customer trust: To secure the trust of our customers, our employees and partners, we must ensure their safety and health in all our operations. Together with our suppliers and partners, we aim to take sustainability into account to offer high quality products and service to our customers and create memorable experiences.
Societal value: We strive to add economic and social value in the areas where we operate. By working together with local partners and through its procurements, the Group creates new business opportunities and supports projects that contribute to future generations and local communities.
Sustainable Development governance is ensured by the management bodies at the highest level of the Group.
Within the Board of Directors, the Sustainable Development and Compliance Committee assists the Board in reviewing the Group’s policies, upon which it submits recommendations. It ensures that the Group promotes long-term value creation and it incorporates social and environmental issues of activities in the establishment of the Group’s strategy.