As we continue to foster collective travel to new destinations around the world, we are focused on achieving an optimal balance between the environment, economy, and society to create value for our stakeholders.
As a result, our strategy and vision are anchored in the Travel, Planet and People pillars, underscored by strong Governance.
On our journey towards sustainable value creation, we must ascertain where our business is going to have the biggest impact to enable us to adjust our actions accordingly. To this end, we conducted a double materiality analysis that highlighted 14 key topics, and just as many areas of impact.
Our Strategy
Four Pillars: Travel, Planet, People, and Governance
Travel
We want to foster sustainable and affordable travel opportunities for all, regardless of their place of residence and economic status.
With a set of long-distance routes constantly expanding and a tech infrastructure that enables efficient route planning and management, we constantly strive to get one step closer to this goal.
Read more: Customer accessibility to affordable, collective and intermodal travel
People
Within our strategy, people are the utmost priority.
Accordingly, the safety of our passengers and crew along with health and safety, diversity, equity, and inclusion for our employees, are among the values we increasingly enforce throughout our policies and daily practices.
Read more: Diversity, Equity, and Inclusion at Flix, Employee engagement and development at Flix, Safety and well-being
Planet
We are committed to achieving net-zero operations in Europe by 2040 and globally by 2050.
Therefore, we set high environmental standards with a sound and comprehensive climate strategy, building on three fundamental levers: Avoid emissions using a modern and efficient fleet, Reduce emissions through progressive fleet transformation and fuel efficiency, and Engage with stakeholders, upholding transparency and creating strategic partnerships.
Governance
We see business ethics and compliance including legal requirements as essential cornerstones for any action we take.
Therefore, we embed ESG governance across our structure as a sound foundation for the other pillars and abide by a thorough compliance management system that encompasses multiple policies. Our ESG strategy is anchored at dual board level: within the Management Board as well as within the Supervisory Board.
Read more: Governance at Flix
Our Commitments
The Science Based Targets initiative (SBTi) and the UN Global Compact
Establishing clear targets is key to assessing our progress.
In 2023, we publicly committed to the Science Based Targets initiative (SBTi) as a framework for scientific decarbonization and the UN Global Compact to monitor implementation of socially sustainable practices.
Science Based Targets initiative
The Science Based Targets initiative (SBTi) is an organization that provides companies with the guidance to set greenhouse gas reduction targets to combat climate change and aim for net-zero emissions by 2050.
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UN Global Compact
The United Nations Global Compact is a non-binding United Nations pact to get businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation.
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