General disclosures

The general disclosures provide a strategic overview of the company’s sustainable organisation and reporting and address corporate governance and stakeholder involvement.

The GRI Content Index of HHLA does not make use of the column
“omission” as to all indicators information is given. 

Organisational profile

102-1 Name of the organisation

102-2 Activities, brands, products and services

102-3 Location of headquarters

102-9 Supply chain

As a port and transport logistics company, HHLA acts as a service provider within the transport chains of its clients. HHLA’s own supply chains are limited to procuring capital and consumption goods (e.g. locomotives, port handling equipment) which largely originate from countries within Europe.

102-13 Membership of associations

Zentralverband der deutschen Seehafenbetriebe (ZDS) / Hafen Hamburg Marketing (HHM) / Unternehmensverband Hafen Hamburg e. V. (UVHH) / Logistik-Initiative Hamburg / Industrieverband Hamburg (IVH)

Strategy

Ethics and integrity

Governance

102-22 Composition of the highest governance body and its committees

102-27 Collective knowledge of highest governance body

102-29 Identifying and managing economic, environmental, and social impacts

102-30 Effectiveness of the risk management processes

102-31 Review of economic, environmental, and social topics

Sustainability risks are considered as an integral part of the risk and opportunity management HHLA.

102-32 Highest governance body's role in sustainability reporting

The Chairman of the Executive Board is responsible for sustainability. The organisational integration of sustainability in the company is led by a specialist sustainability team and a Sustainability Council, comprising members of the Group management and external experts.

102-33 Process for communicating critical concerns to the highest governance body

All of our shareholders have the opportunity to approach the Executive Board with critical concerns in the context of our Annual General Meeting. These concerns may be submitted in writing in advance of submitted at the meeting. Each shareholder has the right to obtain truthful information from the Executive Board within the meaning of the shareholders’ right to information. Around 120 concerns were submitted and addressed in 2018. Additionally, the IR department is available throughout the year to accommodate concerns that are of particular interest for institutional and or private investors. These issues will be forwarded to the Executive Board in the quarterly IR reports.

102-34 Communicating critical concerns

All of our shareholders have the opportunity to approach the Executive Board with critical concerns in the context of our Annual General Meeting. These concerns may be submitted in writing in advance of submitted at the meeting. Each shareholder has the right to obtain truthful information from the Executive Board within the meaning of the shareholders’ right to information. Around 120 concerns were submitted and addressed in 2018. Additionally, the IR department is available throughout the year to accommodate concerns that are of particular interest for institutional and or private investors. These issues will be forwarded to the Executive Board in the quarterly IR reports.

102-36 Process for determining remuneration

102-37 Stakeholders’ involvement in remuneration

All of our shareholders have the opportunity to approach the Executive Board with critical concerns in the context of our Annual General Meeting. The current compensation system for members of the Executive Board was approved by the General Annual Meeting on June 14, 2012.

102-38 Annual total compensation ratio

Ratio not indicated.
The compensation and benefits paid or received of all employees correspond at least to the respective national legal minimum requirements or those of the respective economic sectors. The remuneration of current members of the Executive Board complies with the requirements of the Aktiengesetz (AktG – German Stock Corporation Act) and the recommendations of the German Corporate Governance Code. The level of the Executive Board remuneration should be appropriate and attractive in the context of the Company’s national and international peer group. Criteria are both the result of average earnings as well as the achievement of certain sustainability components.
HHLA does not consider the indicators required by 102-38 and 102-39 conducive to assessing the fairness of remuneration structures.

102-39 Percentage increase in annual total compensation ratio

Ratio not indicated.
The compensation and benefits paid or received of all employees correspond at least to the respective national legal minimum requirements or those of the respective economic sectors. The remuneration of current members of the Executive Board complies with the requirements of the Aktiengesetz (AktG – German Stock Corporation Act) and the recommendations of the German Corporate Governance Code. The level of the Executive Board remuneration should be appropriate and attractive in the context of the Company’s national and international peer group. Criteria are both the result of average earnings as well as the achievement of certain sustainability components.
HHLA does not consider the indicators required by 102-38 and 102-39 conducive to assessing the fairness of remuneration structures.

Stakeholder engagement

102-40 List of stakeholder groups

HHLA engages in regular dialogue with its stakeholders, who include customers (e. g. shipping companies), customers’ customers (e. g. forwarders), employees, suppliers, the media, potential and existing shareholders, associations and institutions, research institutes, political decision-makers, local residents close to the terminals and interested members of the public.

102-41 Collective bargaining agreements

102-42 Identifying and selecting stakeholders

102-43 Approach to stakeholder engagement

The different stakeholders are engaged on a continual basis by means of numerous events and diverse communication channels, e. g. by means of regular meetings with residents on the subject of noise, events concerning the planned development of the company with customers and shareholders, or guided tours of HHLA terminals.

102-44 Key topics and concerns of stakeholders raised

In the course of dialogue with neighbouring residents of the port terminals, noise- reducing equipment was purchased, a hotline was opened and operating processes to minimise noise were introduced. We also report annual CO

Identified material aspects and boundaries

102-45 Entities included in the consolidated financial statements

102-47 List of material topics

List of material topics:

  • Ecology: Land conservation
  • Ecology: Emissions and energy
  • Employees: Headcount
  • Employees: Staff development
  • Employees: Occupational safety and health promotion
  • Combating bribery and corruption

102-50 Reporting period

102-51 Date of most recent report

102-52 Reporting cycle

102-53 Contact point for questions regarding the report

102-54 Claims of reporting in accordance with the GRI Standards

102-55 GRI content index

Revenue

Revenue from sales or lettings and from services rendered, less sales deductions and VAT.