Since the development of our Sustainability Report 2014/15, we have conducted annual stakeholder engagement exercises as part of the materiality assessment process to identify and prioritise the sustainability issues to be covered in each report. In 2019/20, we commenced a review of our materiality assessment process with a view to adopting a more systematic and strategic approach to create more business value for AAHK. Based on the findings of the review, we will formulate a multi-year materiality assessment plan to guide our future stakeholder engagement exercises beginning with our next sustainability report.
In preparing this report, we have adopted the following two-step approach to determine the most important and relevant sustainability issues and hence define the report content.
A list of important sustainability issues was compiled based on previous sustainability reports.
The relevance of the sustainability issues was determined based on the following sources:
Internal policies and management reports
International and local sustainability reporting frameworks
such as the GRI reporting framework and HKEX
ESG Reporting Guide
24 issues were identified as the most important and relevant sustainability issues and grouped into four categories – Economic and Society, Environment, Operating Practices, and People – for senior management’s review and validation.
AAHK’s senior management was shown with the list of identified issues and invited to give feedback.
Following the consolidation of comments from AAHK’s senior management, 24 issues were confirmed as the most important sustainability issues to be addressed in this report.
Air cargo strategy
Branding and reputation
Carbon and energy
Climate-related risks and impacts
Airport safety and security
Compliance with laws and regulations
Innovation and technology
Ethics and integrity
Occupational health and safety
Retention and turnover
Training and career development
This report is structured around five key focus areas that reflect our priorities. Each area details how we are managing various sustainability issues identified as most important to AAHK and our stakeholders, the progress made and specific actions taken during the reporting year, and any future plans and commitments.
The five key focus areas are: