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MYTILINEOS HOLDINGS SUSTAINABILITY REPORT
2015
4. Materiality analysis of
sustainability issues
For the sixth consecutive year, the Group applied the material-
ity analysis process for determining the material sustainability
issues, in accordance with the GRI-G4 Sustainability Reporting
Guidelines as well as with the procedures that govern the Group’s
precautionary principle in the framework of its operation.
The materiality analysis process for 2015 was of particular impor-
tance for the Group, as it drew both on the strategic approach of
its subsidiaries and on the feedback from its Stakeholders on the
aspects identified, with a forward outlook covering the next five
years. This process resulted in the identification of the aspects
Identification Stage
The identification of the relevant issues includes:
• The investigation of the relevant impacts on all of the Group’s
activities and relations, both within and outside its boundaries.
The boundaries of MYTILINEOS Group are defined by the re-
spective boundaries of operation of its subsidiaries and their
business units.
• The integration of the expectations identified in the framework
of the Group’s annual Stakeholder Engagement process.
Evaluation Stage
The evaluation of the relevant issues includes:
• The evaluation of the relevant impacts of the aspects identified
in each business activity sector of the Group.
• The influence of the significance rate that these aspects have on
Stakeholder assessments and decisions.
Validation Stage
• The purpose of the validation is to ensure that the Sustainability
Report offers a balanced view of the Group’s sustainability per-
formance, covering both positive and negative impacts.
• During the validation stage, material aspects are evaluated in
terms of their scope, the description of their impacts and their
completeness in terms of information in relation to the refer-
ence period.
which are material and on which particular emphasis should be
given by the Group in order to achieve its mission and strategic
goals. At the same time, the materiality analysis process
ensured that the Sustainability Report provides information on
aspects that have significant impact on the Group’s Stakeholders
decisions.
G4-1
In what especially concerns non - financial issues, from now
on the full-scale materiality analysis exercise will be conducted
every two years, with an interim review.
Results
The synthesis of the aforementioned activities resulted
in the initial identification and mapping of
43 Material
issues
Results
The issues identified as the most important ones were
mapped in the first draft of the Material
aspects table of the Group.
The initial number of
issues was reduced from
43 to 32
Results
After the review and the final approval by the
Management of the Group’s subsidiaries,
the final list of
22 material aspects
was established
In more detail, the Materiality analysis process was implemented in three stages:
G4-18 G4-26
3. Sustainability Report Parameters
Report Principles
The present publication is the 8
th
Sustainability Report of MYTILINEOS
Group (also referred to as the “Report”), presenting the Group’s per-
formance with regard to sustainability in all its activity sectors and
complementing its annual financial report.
The preparation of this Report was taken into account:
• The Guidelines (G4, ‘‘In accordance’’- Core) of the Global Re-
porting Initiative (GRI) Organisation.
G4-32
(You can consult the
• The GRI Sustainability Reporting guidelines adjusted for the
Mining and Metals Sector (Metals and Mining Sector Supple-
• The ISO 26000 International Standard on Corporate Social Re-
• The 10 Principles of the UN Global Compact.(You can consult
• The OECD Guidelines to multinational enterprises on responsi-
ble business conduct.
Report Scope
The Sustainability Report 2015 of MYTLINEOS Group refers to the
period from 1/1/2015 to 31/12/2015.
G4-28
It covers all Group ac-
tivities in Greece as well as the construction sites that the Group,
via its EPC Projects Sector, operates abroad (unless otherwise
stated). The Report does not include information (other than finan-
cial) for SOMETRA and M&M GAS Co S.A., while the performance
figures given for METKA and Protergia include the corresponding
performance of their subsidiaries, as reported in the Group’s An-
nual Report 2015.
G4-17
Report Elements
The present publication reflects the efforts of MYTILINEOS Group to
provide concise and complete information on its performance regard-
ing the fulfilment of key Environmental, Social and Governance criteria
for its Corporate Centre and its subsidiaries.
The presented information has been collected and evaluated by
means of internal procedures, provided by the Group’s CSR Govern-
ance system, for disclosure purposes of the present publication. Thus,
the Sustainability Report 2015:
• Focuses on the sustainability issues which are material to the
achievement of the strategic goals of MYTILINEOS Group and
which have been identified by the Group’s official Materiality
analysis process.
• Contains, as a rule, quantitative data that cover the 5 year period
from (2011-2015) where this is feasible.
• Presents aggregated quantitative data at the Grouplevel, while
in several cases, percentage breakdowns by activity sector are
also presented, representing the specific performance of the
Group’s subsidiaries.
• Contains data from direct measurements, while where there’s
an estimation, this is mentioned explicitly.
• The completeness of the information contained in the Report
is supported by the dedicated Corporate Social Responsibility
as well as by references, where required, to the Group’s An-
nual Report 2015.
Views, comments or suggestions which, in your opinion, the
Group should take into consideration in the preparation pro-
cess of its annual Sustainability Report, are most welcome. You
can make them using our online questionnaire, available from
For more details or clarifications, please contact:
G4-31
Vivian Bouzali
MYTILINEOS Group Communication Director
5-7 Patroklou Street, 151 25 Maroussi
Websit
The terms “Corporate Centre”, “Parent Company”, “MYTILINEOS Holdings” and the name “MYTILINEOS S.A.” refer to the company under the business name “MYTILINEOS
HOLDINGS S.A.”. - The terms “Company”, “Business” and the names “MYTILINEOS S.A.”, “ALUMINIUM OF GREECE S.A.”, “DELPHIDISTOMON S.A.”, “METKA S.A.” and “PRO-
TERGIA S.A.” refer to each company that represents the respective activity sector of the Group and to that company’s activities in Greece, unless otherwise indicated. - The
terms “Group” and “MYTILINEOS Group” refer to MYTILINEOS HOLDINGS S.A. and to its subsidiaries, all of which together make up MYTILINEOS Group.
G4-2 G4-14
G4-18
G4-18
