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MYTILINEOS Group: Upgraded to Level B from the International Reporting Organization GRI
MYTILINEOS Group: Upgraded to Level B from the International Reporting Organization GRI
Published 07-05-11
Submitted by MYTILINEOS Holdings S.A.
The GRI organisation upgraded the MYTILINEOS Group to Level B standing, following its verification of the Group's Sustainability Report 2010. This Report, drawn up in accordance with the GRI-G3 international reporting standard, presented the commitments, policies and actions undertaken and carried out by the MYTILINEOS Group and its subsidiaries in five core Corporate Responsibility areas: Market, Labour, Human Rights, Society and the Environment.
Every year, GRI (Global Reporting Initiative), as the internationally acknowledged independent authority for the assessment of CSR, evaluates the Corporate Social Responsibility Reports submitted to it by thousands of companies from all over the world, classifying them in three levels (A, B and C), depending on the number of GRI indicators on which these reports contain respective disclosures. MYTILINEOS Group submitted to GRI for evaluation its Sustainability Report for 2010, which was found to meet the criteria for Level B. This upgrading is of particular significance, as it affirms the efforts made by all Group companies to fulfil the commitment for Sustainable Development, and paves the way for further improvements of their environmental footprint.
Indicative of the Group's performance is that during 2010 its total social contribution stood in excess of £1.7 million, corresponding to a 43% increase of the Group's social investment. Special emphasis was placed on supporting the local communities where the Group’s business operations are located, managing Health and Safety at the workplace, carrying out investments involving for environmental protection works, and taking initiatives to strengthen the Group’s efforts to engage its internal and external stakeholders in an ongoing dialogue on Corporate Social Responsibility.
Every year, this publication aims to serve as reference for the dialogue with all the Group's stakeholders, seeking ultimately to increase transparency, build relationships of mutual trust and understanding, and support the continuous improvement of the Group’s social strategy.
MYTILINEOS Group is a leading Greek industry active in Metallurgy & Mines, Energy and EPC Projects. Established in Greece in 1990, the Group’s holding company, MYTILINEOS HOLDINGS S.A., is listed on the Athens Exchange, has a consolidated turnover in excess of £1 billion and employs over 2,500 direct employees and many more indirect in Greece and abroad. For more details, please visit the Group's website at: www.mytilineos.gr.
MYTILINEOS Holdings S.A.
MYTILINEOS Holdings S.A.
The MYTILINEOS Group is active in the sectors of Energy, Metallurgy and Mining and EPC projects (Engineering-Procurement-Construction). Since its establishment, in 1990, its development has been outstanding and today it is considered one of the country's leading industrial groups, with significant international activity and listed on the Athens Exchange (ATHEX).
With a workforce of 2,000 employees in Greece and abroad, the Group's hard and fast goal is business excellence, always in accordance with the principles of Corporate Social Responsibility and demonstrating in all its activities its respect for the environment, society and people.
Activities
In metallurgy and mining the Group has established itself as one of the leading groups in S.E. Europe and the Middle East in the sector of production and trading of alumina and aluminium via its subsidiaries, Aluminium of Greece and Delpoi - Distomon.
Moreover, the MYTILINEOS Group has evolved into the leading independent energy producer in Greece through carefully planned strategic partnerships and business decisions. The group activates in this sector via M&M Gas, a company jointly established with MOTOR OIL for the supply and trade of natural gas and PROTERGIA, the company that came into being through the 100% acquisition and operation of ENDESA HELLAS, with its activities including the development and operation of thermal power plants and of renewable energy sources, as well as the trading of electrical power and CO2 emissions.
Regarding EPC projects, the Group has established its presence in the sector through its METKA subsidiary which has developed into the leading EPC Company (Engineering-Procurement-Construction) in Greece and is acknowledged as one of the most specialized and internationally renowned constructors of energy projects in Europe. METKA, which is listed on the Athens Stock Exchange, implements turn-key projects from their engineering and procurement stage to their construction, primarily for combined-cycle, conventional thermal and hydroelectric power plants.
The dynamic business growth of the MYTILINEOS Group is fully aligned with the principles of Corporate Responsibility and Sustainable Growth. For the Group, the concept of Sustainable Growth is synonymous to seeking business excellence while remaining committed to its vision and respecting society, the environment, its people and its shareholders, and to ensuring the harmonious coexistence of its business activities with the needs of the local communities where its operations are located. In this context, the Group is actively supporting major initiatives in the domains of Culture, Education, and the protection of the Environment.
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