Acitvely managing Sustainability
In line with METRO AG’s strategy, sustainability is systematically and organisationally embedded in the core business. Sustainability management takes into account interdependencies between economic, environmental and social aspects in an efficient, solution-oriented manner. The Management Board of METRO AG is involved in the topics presented here and is regularly updated about their progress by the Sustainability Committee. Moreover, the remuneration of the Management Board is linked to the achievement of certain sustainability targets (including the reduction of CO2 emissions as well as the reduction of food waste) and the remuneration of the senior management is linked to the rating of METRO’s sustainability performance in the Dow Jones Sustainability Index (DJSI) rating.
As the highest sustainability body in the company, the Sustainability Committee provides the strategic framework and group-wide goals and facilitates the exchange of information on sustainability issues at the highest management level – sometimes also with external input from guest speakers. To adequately respond to the specific market and customer requirements, the METRO companies manage the operational implementation of overarching sustainable development goals within this framework. They are responsible for working on the relevant sustainability issues, for defining and implementing specific targets and measures and for monitoring their success.
The committee is chaired by 2 representatives from the top management, who are regularly rotated. Other members of the committee are:
- People in charge of corporate responsibility at METRO AG
- Representatives of the core functions procurement, quality assurance, communication as well as energy management/real estate sustainability
- Representatives of the METRO national subsidiaries
Through formalised reporting and assessment of sustainability-related opportunities and risks, sustainability management is closely linked to our risk and opportunity management system. This enables the Management Board to systematically identify, evaluate and control deviations from the sustainability goals and the associated opportunities and risks.