Mumbai International Airport Limited (MIAL), managing Chhatrapati Shivaji Maharaj International Airport (CSMIA), announces the release of its fifth biennial Sustainability Report 2020.
Encompassing a period of FY 2018-19 and 2019-20, the report outlines the approach, performance and achievements of the airport on the triple bottom lines of sustainability principles of development, i.e., Social, Environment and Economic.
The report encapsulates CSMIA’s consistent endeavors to achieve long-term sustainability targets and balance rapid growth and development towards the environment and social excellence.
“We have made great strides and achieved several milestones in our journey towards inclusive growth. Over FY 2018-19 and FY2019-20, the airport has generated economic value of INR 38474.40 million and INR 35,527 million respectively and distributed economic value of INR 37,160.70 million and INR 36, 394.90 million respectively across operating costs, employee wages and benefits, community investment as well as payments to capital providers and governments to name a few,” R.K. Jain, Chief Executive Officer, MIAL, said.
He further added, “While this report encompasses our achievements over the last two fiscal years, there are many more projects in the pipeline that we will be sharing in the next sustainability report.”
The sustainability initiatives undertaken by CSMIA align with the United Nations Sustainable Development Goals and are prepared as per Global Reporting Initiatives (GRI) standards – Comprehensive option, Airport Operators Sector Supplement (AOSS) and National Voluntary Guidelines (NVG) on Social, Environmental and Economic Responsibilities of Business. CSMIA’s Sustainability Report 2020 has been externally assured by Bureau Veritas Certification in line with the requirements of the AA1000AS (2008) Standard – Type 2 Moderate level.