Welcome to our 2007 Corporate Responsibility Report.

Corporate responsibility is an integral part of running our business. This report provides an update on how we manage the social, environmental and economic impacts of our business, and shows progress towards achieving our performance objectives over the past year.

This year we changed our cycle of reporting from a regulatory year (ending 31 March) to a calendar year (ie January to December). This is to align our reporting with our owners, ADI Limited, a consortium led by Ferrovial. The information in this report therefore covers the calendar year 2007, unless otherwise stated.

Environmental Resources Management Limited (ERM) has provided external assurance over whether, on the basis of the agreed scope of work, progress against selected airport-level environmental targets has been appropriately reported. ERM’s full assurance statement including their key observations and recommendations for improvement, is included in our report.

This report contains information which is specific to Southampton Airport. Find out more information about BAA’s overall approach to corporate responsibility.