More information on “Business Activities and Operating Environment”, “Strategy and Principles”, “Economic Environment” and “Business Developments – Group” can be found in the Axel Springer Annual Report on pages 2.10 Awards received in the reporting period First place for Axel Spinger`s online sustainability report 2005 : In the critical comparison of Sustainability Reports published by 150 German organizations carried out by the Institute for Environmental Management and Economics (IÖW) in 2007, Axel Springer was rated eighth overall and second in the Environmental Protection segment.