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3
MYTILINEOS HOLDINGS SUSTAINABILITY REPORT
2015
Our key concern
is to ensure that
our responsible
development always
creates added value
for the society and for
the Greek economy.
At the same time, recognising the side effects of the economic
crisis, MYTILINEOS Group, in collaboration with the Association
“TOGETHER FOR CHILDREN”, joins the fight against the school
dropout phenomenon. The program «I’m In!” aims to reduce the
likelihood of children dropping out of school before they complete
their basic education. Starting with the 7th School Community
in the Prefecture of Attica, the objective of this program is not
to just keep children at school, but to also improve their school
performance, alleviate their food insecurity and bolster their
psychological resilience. The program’s results so far are very
encouraging, and we will be continuing with it during 2016,
setting even more ambitious objectives.
In MYTILINEOS Group, we take pride in the high environmental
goals that we had set ourselves several years ago. In the last five
years, a total of €46.7million have been allocated to environment-
related actions and we are continuing these investments, on
an annual basis, in order to further reduce our environmental
footprint, always in line with the relevant international standards.
This is why I welcome the “Management Award” won by METKA
in the European Business Awards for the Environment, as
this award is a recognition of the company’s successful efforts
to implement, for the very first time in Greece, a system to
properly manage carbon dioxide emissions, in accordance
with the requirements of the EN ISO 15064:2012 international
environmental standard, which was officially verified by an
independent accredited verification body. This action also
claims a European-level distinction representing Greece in
the corresponding competition organised by the European
Commission.
The business activity of MYTILINEOS Group remains inextricably
linked to social responsibility. Our key concern is to ensure
that our responsible development always creates added value
for the society and for the Greek economy. During the last five
years, the Group’s total social contribution reached €5.2 million.
In addition, via our “IN PRACTICE” program, we have introduced
a new way in which social contribution requests submitted by
social institutions are managed and evaluated, seeking to ensure
a more systematic integration and management of our CSR
practices, in tandem with a more effective CSR-related response
in the Group’s areas of activity.
The new investments planned and carried out will aim to
bolster competitiveness and to create new jobs. Guided by our
strategy of extroversion, we strengthen our ties with society, we
invest in our people and, together, we plan the Group’s future.
With the new business investments carried out by the Group’s
subsidiaries, we continue our robust and consistent investment
plan, driven by the vision to establish MYTILINEOS Group as one
of the world’s leading industries of its kind.
G4-1
Evangelos G. Mytilineos
Chairman of the Board & CEO
MYTILINEOS Group of Companies
€
11.7
m
Environmental
expenditures
€
64.3
m
Income tax &
other taxes
€
87.2
m
Employee salaries
and benefits
€
1.1
m
Social
expenditures
T
he prolonged economic crisis and the consequent recession
have affected all aspects of business and social life. During
2015, in particular, our country had to face significant
challenges, both domestically and abroad, whose marks are
still visible. After a long period of introversion for Greece, the
challenge which all of us must now confront successfully is to
contribute to the recovery of the Greek economy and to support
the fragile social framework.
In this particularly fluid environment, the Sustainability Report of
MYTILINEOS Group, rich in content, makes us all proud. In line
with the GRI-G4 Sustainability Reporting Guidelines of the GRI
Organisation, we present, for yet another year, our consistently
high performance in all our areas of activity, and we set ambitious
goals for the future, always true to the principles that distinguish
the Group and rank it among the world’s leading industries.
Firmly focused on its strategic goal of “CONTINUOUS
RESPONSIBLE DEVELOPMENT”, MYTILINEOS Group has
strengthened its presence in all its areas of activity. It consolidated
its position as the largest private producer-supplier of electricity
in Greece, targeted new markets in the construction sector, and
maintained its consistently high performance in the metallurgy
sector. With a turnover standing at €1.38 billion, the Group
contributes 0.78% of the Greek GDP, while its export activity,
estimated at €963.3 million, accounts for 1.8% of total Greek
exports.
Sustaining momentum from the previous years, we continue
on a course of stable growth and, through a range of diverse
initiatives, we seek to promote social responsibility, as a
minimum token of contribution to the Greek society, which has
been afflicted for several years now.
The unprecedented unemployment rates and the distressing
phenomenon of young, qualified people leaving Greece to seek
better prospects abroad, have not left us unaffected. MYTILINEOS
Group employs directly and indirectly more than of 2,700 people
and, over the last five years, has registered a 9% growth in
employment across all its business activities.
Yet this is not enough for us. Focusing on young people, we
implemented the 12-month salaried employment program
“Engineers in Action”, providing 11 young engineers with the
opportunity to work for one year in ALUMINIUM OF GREECE and
gain valuable experience for their future careers. Indeed, after
the program was successfully concluded, two of these young
engineers were hired by ALUMINIUM OF GREECE, joining the
company’s workforce. Building on the success of this program,
we moved ahead with a new initiative, which is already under
way, “NEW GENERATION IN ACTION”, a program that will again
provide young people with little or no working experience with
the opportunity to work for 12 months as salaried employees
in the Group’s various activity areas and thus make a dynamic,
promising career start.
1. Message from the Chairman
0.17
Injury Frequency
Rate (direct
employees)
56,540
Training Man-Hours
3.6%
Increase of the direct
employee’s number
8
years
without fatalities
