Overview of material impacts, risks and opportunities
Suppliers and business partners in the Lufthansa Group’s value chain may have potential negative impacts on the human rights of workers in the value chain, for example, through unsafe working conditions, inadequate wages or the absence of freedom of association. Sustainable supplier management can improve working conditions, health and safety, and the human rights situation for workers. Systematic management of working conditions within the supply chain strengthens supplier performance, enhances transparency, and increases efficiency and resilience across the value chain, helping to reinforce customer trust in the Lufthansa Group while supporting its financial and operational stability. Failure to comply with laws may result in legal repercussions, reputational damage and penalties for the Lufthansa Group and its partners, which can lead to business losses and financial difficulties.
A complete overview of the Lufthansa Group’s material impacts, risks and opportunities can be found under ↗ ESRS 2 SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model.