Corporate Responsibility News
Munich, July 4, 2017 – From fiscal year 2017 on, large companies are required to publish social and environmental performance reports. A new law to that effect had been adopted by the German parliament in spring. Germany’s leading engine manufacturer started to disclose such information long before the law was passed. Since 2011, it has released annual sustainability reports outlining in detail how responsibly and sustainably the MTU Group goes about its business. Now MTU is publishing its 2016 Sustainability Report, the fifth of its kind. It combines the reports to the UN Global Compact and to the Global Reporting Initiative (GRI G.4) standards and is the first to cover the activities of all of the MTU Group’s fully consolidated companies.
MTU Sustainability Report 2016
Munich, July 29, 2016 – As an innovative company with a rich history, MTU Aero Engines AG has set itself the goal of creating long-term value for its stakeholders. The development of aircraft engines that reduce fuel consumption, emissions such as CO2, and noise impact are top of the company’s agenda. The new geared turbofan engine, which represents the core of MTU’s Clean Air Engine agenda, is an excellent example of the company’s strong commit-ment to product responsibility. Through its Clean Air Engine agenda, MTU is responding to pressing global challenges such as climate change, mobility needs and scarcity of re-sources. The company plans to reduce the noise levels by 65 percent and to cut CO2 emis-sions by 40 percent by 2050. MTU’s fourth Sustainability Report, issued for the year 2015, reports according to both the UN Global Compact and Global Reporting Initiative (G4) standards and covers the activities of all MTU company locations in Europe.
MTU Sustainability Report 2015