TUI AG 2020 Annual Report with Sustainability Disclosures
Company: TUI AG
Sector: Business support services
Country: Germany
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 262
The report describes a year heavily affected by COVID-19, with Group revenue falling 58.0% to EUR 7,943.7 million and employee headcount declining to 48,330. It reports Group emissions of 3,721,510 tons and total energy use of 14,472,163 MWh, while noting that the 2020 carbon-efficiency target was not met. The report also closes out TUI's 2020 sustainability strategy, describes a formal materiality assessment, and documents oversight by the Supervisory Board and sustainability updates to the Group Executive Committee. TUI reports participation in the UN Global Compact, alignment with the UN Guiding Principles on Business and Human Rights, and CDP recognition in the leadership band.
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