Annual Report 2022

Corporate citizenship

Not audited

Regional responsibility

As by far the largest port in Germany, the Port of Hamburg is one of the most important economic factors in the whole of northern Germany and, as a hub for international goods traffic, plays an extremely important role for the entire economic system of Germany and Europe. According to a study commissioned by the Hamburg Port Authority (HPA) and published in 2021, the Port of Hamburg secures around 607,000 jobs across Germany. Of these, around 124,000 are in the Hamburg metropolitan region. According to the study, around 114,000 jobs are directly dependent on the port. The port and the interconnected economic sectors are thus central employers for the Hamburg metropolitan region. As a major company operating in the Port of Hamburg, HHLA regards itself as an integral part of economic development in the Hamburg metropolitan region and is well aware of its social responsibility here and at all its other sites.

Added value

Net added value serves as an indicator of the economic value creation of a business activity. It is calculated by taking the production value and deducting all intermediate inputs, depreciation and amortisation. Added value is shared between employees, shareholders, the state (in the form of taxes) and lenders. The largest proportion, € 574.6 million or 74.2 %, went to employees.

Source of added value

Production value 2022: € 1,618 million

Source of added value (pie chart)

Application of added value

Net added value 2022: € 775 million

Application of added value (pie chart)

Despite the ongoing impact of the pandemic and supply chain disruption, net added value increased by 2.9 % year-on-year to € 774.7 million in the 2022 financial year (previous year: € 752.8 million). At 47.9 %, the added value ratio was slightly down year-on-year (previous year: 50.4 %).

Value added in the HHLA Group

in € million

 

2022

 

2021

 

Change

Employees

 

574.6

 

555.6

 

3.4 %

Shareholders

 

133.1

 

132.9

 

0.2 %

Public authorities

 

61.1

 

58.7

 

4.1 %

Lenders

 

5.9

 

5.6

 

5.5 %

Net value added

 

774.7

 

752.8

 

2.9 %

Social dialogue and responsibility

HHLA engages in regular dialogue with its stakeholders. The company also promotes a number of educational projects focusing on the topics of port and logistics, thereby engaging in the transfer of knowledge.

 

Aid for Odessa

The Russian war of aggression against Ukraine and its consequences for HHLA’s employees at the container terminal in the Ukrainian city of Odessa shaped the social involvement of HHLA and its employees to a large extent in the reporting year. Since the closure of Container Terminal Odessa (CTO), HHLA has pursued various measures to support its Ukrainian employees and their families as effectively as possible. 140 employees of CTO and their family members were brought from Romania to Hamburg in specially chartered buses and given temporary accommodation by HHLA employees at locations in Hamburg. The HR department coordinated assistance for the Ukrainian families during the subsequent search for apartments and furniture. In addition, the HR department organises ongoing German language lessons for the children of the families which are taught by apprentices and dual study students at HHLA.

Furthermore, HHLA employees donated around € 70,000. HHLA’s Executive Board topped up this sum to € 150.000 using the aid fund into which the company had deposited € 1 million at the end of March 2022. Using these donations, urgently needed aid supplies such as surgical gloves and dressing material were sent to Odessa. In another aid campaign, HHLA joined forces with the German Food Bridge and Unilever to deliver food to Ukraine.

“Hafen-Scouts” educational programme

Recognising the link between the port, logistics and the water helps us understand the global division of labour and the importance of sustainable business activities. HHLA’s support for educational projects focuses on the “Hafen-Scouts” in Hamburg. This educational project was successfully initiated by HHLA, the Hafenmuseum Hamburg and the State Institute for Teacher Training and School Development in 2015. It teaches fourth-grade schoolchildren about the transportation of goods around the world, how the port works and what careers the port offers. Following lower participant numbers in the previous two reporting years due to the coronavirus, there were 1,467 participants in 2022 (previous year: 685), a record high since the project began.

AlsterPort – Partnership with Evangelische Stiftung Alsterdorf (ESA)

HHLA’s “AlsterPort” partnership with Evangelische Stiftung Alsterdorf (ESA), launched in September 2021, led to a further range of initiatives in the reporting year. This included terminal tours at HHLA, graffiti workshops, the ESA “Stark für Hamburg” charity run, the Christmas wish tree initiative for KinderWohnen, a Christmas arts and crafts event and many other events at ESA.

Terminal
In maritime logistics, a terminal is a facility where freight transported by various modes of transport is handled.
Value added
Production value – intermediate inputs (cost of materials, depreciation and amortisation, and other operating expenses); the value added generated is shared between the HHLA Group’s stakeholders, such as employees, shareholders, lenders and the local community.

Topic filter