Strategy

MTU's CR strategy

MTU’s Corporate Responsibility (CR) strategy reflects the company’s responsibility for its products and processes as well as vis-à-vis its employees, customers, and partners, the environment and society at large. By joining the United Nations Global Compact and actively supporting its objectives MTU further underpinned its commitment to sustainability. The company continuously drives the implementation of the ten principles aimed at protecting human rights, ensuring fair working conditions, protecting the environment and preventing corrupt practices.

Sustainability is a core value and key objective of the engine industry. After all, aircraft engines have a lifespan of several decades. Their development requires extensive engineering and testing work and high upfront investments and, hence, must be based on a future-oriented business model. Sustainable management secures MTU’s business success and economic viability down the road and helps the company remain competitive in a market driven by long-term business cycles, allowing it to open up new business segments, minimize risks and address economic, environmental and social challenges early in the game.

The company’s most significant contribution towards sustainable development are eco-efficient engine technologies. This is why product responsibility is a primary focus of the company’s CR strategy. Product-related environmental and climate goals are pursued within the framework of our Claire (Clean Air Engine) technology agenda.

In order to further integrate MTU’s commitment to responsible business into our operations, sustainability is part of the companies strategy.

 

Our Claim

As a technology leader, we play a decisive role in making aviation sustainable and achieving emissions-free flight through innovative propulsion solutions. In doing so, we stand for responsible and environmentally friendly production, maintenance and procurement and offer a safe and attractive working environment.

Fields of action - primary goals until 2025

Corporate governance

•Comprehensive sustainability management

•Ensuring the security of information and systems

•Protecting personal data in all areas of the company

•Compliance as part of the corporate culture

•Active commitment to combating corruption in all business areas

•Ensuring adherence to embargo and export guidelines

•Regular and open dialogue with all stakeholder groups

Employees

•Ensuring compliance with human rights at our own sites

•Providing active and targeted employee development at all hierarchical levels

•Promoting ongoing diversity & equality of opportunity for the workforce

•Enabling a work-life balance for all employees

•Ensuring health and safety in the workplace 

•Promoting mutual employer/employee dialogue

•Continuously increasing internal and external employer attractiveness

•Trust-based leadership 

•Ensuring a high level of employee satisfaction

Manufacturing & maintenance

•Reducing CO2 emissions at all production sites (Scope 1&2)

•Continuously improving resource efficiency

•Efficient management processes have been established

•Advanced procedures in site and plant operations

•Raising employee awareness of climate protection in production

Product

•Highest priority for product quality and flight safety

•Improving fuel efficiency and reducing CO2 emissions of products

•Reducing the climate impact of products

•Minimizing the health effects of product use (exhaust and noise emissions)

Procurement practices

•Human and employee rights are central components of our business relationships

•In our cooperation with suppliers, we pay attention to a resource- and environment-friendly value chain

•CSR is embedded in our contracts and sourcing decisions. In this way, we ensure social and ecological standards

•Responsible handling of conflict minerals is ensured

Society

•Research collaborations for joint knowledge building

•Corporate citizenship: MTU is part of society and a good neighbor

•Employees use the knowledge they have acquired at MTU to play a responsible role in society

Important sustainability topics

Important sustainability topics are identified by developing a materiality matrix. In the process, the economic, ecological and social challenges our business is facing are regularly analyzed with a view to their relevance for stakeholders.

MATERIALITY MATRIX

First and foremost, responsible corporate governance means strict compliance with all applicable laws and internal guidelines and a no-tolerance approach to corruption and other illegal activities. To prevent corrupt practices MTU has established a Compliance Board that investigates suspected violations and cases of non-compliant conduct and clears them up where necessary.

Compliance at MTU

 

The term “corporate governance” stands for the practice of administering and managing a company in accordance with the principles of responsibility and long-term value creation. MTU sees it as a natural commitment that embraces every area of the company. As a global player, MTU maintains national and international standards.

Corporate governance at MTU

Our risk management system requires that we regularly record and evaluate the risks and opportunities for our business. These include corruption-related compliance risks in the organizational units. Every year we publish a comprehensive risk report as part of our Annual Report.

Risk management in the Annual Report (p. 80)