MYTILINEOS HOLDINGS | 2015 Sustainability Report

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MYTILINEOS HOLDINGS SUSTAINABILITY REPORT

2015

The evaluation of employee performance refers to the system

used to measure the performance of personnel through a pro-

cess aimed at developing their knowledge, skills and abilities. The

performance evaluation process was continued during 2015, cov-

ering all categories of personnel, in order to ensure that all per-

sonnel development programs correspond to the priorities and

needs of employees and to the Group’s future organisation needs,

both in the short and in the long term.

As regards the practices relating to the provision of transition pro-

grams designed to support employees about to retire, the Group

for the time being does not provide placement services or support,

training and advice programs. However, it maintains in effect and

applies specific pension plans. Furthermore, in order to ensure

the smooth succession of retiring employees, succession plans

are developed to identify suitable successors to the positions va-

cated and to help these persons adjust smoothly to their new jobs.

In addition, the “Talent Management System” helps identify em-

ployees with exceptional capabilities who become candidates for

senior management positions. Finally, in the case of dismissals

compensation is payable in accordance with the provisions of Law

2112/20 and Law 3198/55, while in some cases the compensation

actually paid is higher than the statutory one.

G4-LA10

9.6 Human Rights

The Group acknowledges its share of the responsibility to protect

and respect Human Rights in the workplace and beyond, in the

areas of its activities. To this end, the Group is committed to mak-

ing continuous and concerted efforts to establish procedures and

methods aimed at ensuring its commitment to the principles of

the United Nations Global Compact. For 2016, the Group aims to

examine any risks of potential human rights violations in its busi-

ness units and identify opportunities for further improvement.

Child & Forced Labour

G4-HR5 G4-HR6

In line with its commitment to internationally recognised principles

on the protection of Human Rights, MYTILINEOS Group applies the

Principles of the UN Global Compact, which aim to eradicate all fac-

tors that promote child labour, the employment of young people

in hazardous work and all forms of forced or compulsory labour.

To this end, in 2015 the Group applied for another year its stand-

ing practices, such as the full compliance with the relevant laws,

the application of the relevant provisions of the Group’s Profes-

sional Ethics Code and the mobilisation of the Human Resources

Departments of all its subsidiaries with regard to monitoring such

incidents. As a result, in 2015 no incidents of child or forced labour

were reported in all three of the Group’s activity sectors.

The Group also encourages the process of development of the

“Supplier Code of Conduct”’ in its subsidiaries taking into account

the particularities of their relationship with their supply chain. This

process has been already completed in METKA which in 2016 will

proceed to communicate the Code to its all new and key suppliers

requesting their compliance with it.

Through this initiative, the Group applies in practice its standing

policy towards its supply chain, concerning to the control and the

review of its cooperation with any supplier or contractor that oper-

ates, under certain conditions, under illegal practices that encour-

age or conceal facts relating to the employment of people over the

legal age for work, the physical harassment or the use of forced

labour.

Equal Opportunities & Diversity

The Group follows the internationally accepted practices in all the

regions and countries where it operates, ensuring that decisions

on matters such as recruitment, compensations, leaves, promo-

tions, vocational training, retirement and the termination of em-

ployment contracts, are based exclusively on impartial criteria

and are not connected to any form of discrimination.

As most of the Group’s activities are in the heavy industry sector,

the participation of women and young people in the workforce is

constantly being sought, always in accordance with the require-

ments and capacity of its subsidiaries in each activity sector.

*The evaluation percentages do not include newly-hired employees, as they are not evaluated during their

first year of employment.

Percentage of employees who received a

performance review by Group’s activity sector

2014

2015

Employee evaluation by gender*

2013

2014

2015