Statement of the Board

 
Dr Peter Engelen 
TUI AG: Dr. Peter Engelen
Board member HR, Legal, Sustainable Development

A globally operating group such as TUI, which not only claims to be but indeed is the market and brand leader in tourism and which continuously further develops quality standards and innovations for holidays, cannot evade the growing social expectations of the general public regarding "sustainability leadership". TUI is well aware of and accepts this complex challenge and the associated conflicting goals. We know that we must provide convincing answers. The public should know not just how much we earn, but also how we earn our profits.

Sustainable development therefore means for TUI the continuous balancing over the long-term of economic, ecological, social and cultural needs. In doing this we safeguard our competitiveness, avoid risks and secure opportunities, promote the potential of employees, intensify cooperation with public interest groups, and sustainably improve the efficient use of natural resources at Group locations and in the holiday destinations.

International rating agencies and sustainability analysts have confirmed our compelling results in the field of sustainability. TUI AG, as the only tourism company in the world in the subsector of Travel & Tourism, is listed in the Dow Jones Sustainability Index (DJSI) World. In addition TUI has been able to maintain its position in the international ethics indices FTSE4Good, ASPI Eurozone and the Ethibel Excellence Index. Membership in these prominent financial market indices for sustainable investment shows that throughout the Group TUI understands how to reconcile its business policy with the sustainability and responsibility required of a globally operating company.

 

Dr Peter Engelen 
TUI AG: Dr. Peter Engelen
Board member HR, Legal, Sustainable Development