Annual Report 2023

Non-financial reporting

Audit with limited assurance

HHLA’s non-financial statement is based on the Global Reporting Initiative (GRI) standards “GRI 1: Foundation 2021”, “GRI 2: General disclosures 2021” and disclosures in line with the GRI topic standards for each topic deemed material in accordance with HGB requirements. Furthermore, the UN’s Sustainable Development Goals (SDGs) serve as a framework for determining and aligning our sustainability activities. Corporate and sustainability strategy

The non-financial statement is roughly divided into the sections Ecology, EU Taxonomy, Society and Corporate Governance. The non-financial statement does not, however, include the sub-chapters “Headcount and Personnel Structure” and “Corporate Governance Declaration”. Due to their thematic proximity, both sub-chapters have, however, been structurally assigned to the section "Society" in the chapter "Working World and Employment" and to the sub-chapter "Corporate Governance", respectively. They are part of the audit of the Group management report and were audited with reasonable assurance.

HHLA regularly carries out a materiality analysis to determine the most important non-financial topics. This was conducted most recently in November 2021. The analysis was based on the valid GRI Standard at the time “GRI 101: Foundation 2016”. Given the introduction of the new Corporate Sustainability Reporting Directive (CSRD), HHLA will initiate a new materiality analysis for the 2024 financial year in accordance with the European Sustainability Reporting Standards (ESRS 1) in order to take account of the new requirements of the CSRD in the next survey. Materiality analysis

Where appropriate, the results of this analysis are then attributed to the aspects listed in Section 289c HGB: environmental aspects, employee aspects, social aspects, respect for human rights and combating corruption and bribery. The reconciliation of the reportable aspects as per Section 289c HGB with the topics deemed material by HHLA is shown in the table below.

Reconciliation of the reportable minimum aspects in accordance with CSR-RUG with the material aspects and issues of relevance to HHLA

Content of the non-financial statement according to Sec 289c HGB

 

Strategic fields of action

 

Materially valued in the sense of double materiality according to Sec 289c para. 3 HGB

 

Index of reportable components of the non-financial statement

 

 

Ecology

 

 

 

 

Environmental aspects

 

Climate-friendly logistic chains

 

  • Operation and expansion of climate friendly logistics chains

 

Climate-friendly logistic chains

 

Area optimisation

 

  • Efficient use of terminal area

 

Area optimisation

 

Climate protection and energy efficiency

 

  • Operational CO2 neutrality
  • Increase of energy efficiency

 

Emissions
Energy

 

 

Society

 

 

 

 

Employee aspects

 

Working world

 

  • Training and education of employees

 

Headcount and personnel structure
Personnel development

 

Occupational health and safety

 

  • Occupational safety according to international standards for employees

 

Occupational health and safety

Social aspects1

 

 

 

 

 

 

 

 

Governance

 

 

 

 

Respecting human rights1

 

Business ethics and integrity

 

 

 

Respect for human rights

Combating bribery and corruption1

 

Business ethics and integrity

 

 

 

Combating corruption and bribery

 

 

Economy

 

 

 

 

 

 

Development of shareholder value

 

  • Growth and profitability

 

Earnings position

 

Added value and innovation

 

  • Digitalisation for process optimisation
  • Increasing efficiency

 

Innovation

Further aspects according to Sec 289c HGB

 

 

 

 

Indication of the frameworks used

 

 

 

About this report

Sustainability strategy

 

 

 

Corporate and sustainability strategy

Description of the business model

 

 

 

Operating activities

Material non-financial risks and their management

 

Risk management
Risks and opportunities

1

HHLA takes its responsibility for dealing with the social concerns of business partners, shareholders and the public, respect for human rights, the fight against corruption and bribery very seriously. However, in accordance with the double materiality principle set out in Section 289c (3) of the German Commercial Code (HGB), all matters relating to these aspects are not reportable for HHLA due to their lack of materiality to business. HHLA has decided to report information on these topics on a voluntary basis for reasons of transparency.

Not audited

The  GRI Content Index offers a further overview of reporting content that is deemed material. https://bericht.hhla.de/gri

EU Taxonomy
The EU taxonomy is a legally binding classification system that defines which economic activities of a company are considered sustainable. This is linked to specific requirements for the performance of business activities and the calculation methods of various key figures. The aim is to channel more investment into sustainable companies and technologies and thus support the European Union's 2050 climate neutrality target.

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