Overview of material impacts, risks and opportunities
The use of non-renewable resources in aircraft manufacturing and in operations contributes to the depletion of natural resources and may affect local communities. At the same time, sourcing recycled materials can lead to higher product costs, which either erode profit margins or are passed on to customers. The Lufthansa Group can reduce cost risks and strengthen its reputation by conserving and reusing materials and by using recycled materials. Capital expenditure in new technologies and the circular economy may open up new sources of income, as rising demand for circular solutions may boost market and brand potential. A complete overview of the Lufthansa Group’s material impacts, risks and opportunities can be found under ↗ ESRS 2 General disclosures – Material impacts, risks and opportunities and their interaction with strategy and business model.