SUSTAINABILITY REPORT 2011 - MYTILINEOS HOLDINGS - page 102

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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011
100
to Human Rights. In each of these contracts, the contracting parties complied fully with the respective contractual terms on the protection of Human Rights. In
parallel, during 2011 there were no incidents of refusal by any business partner of the company to comply with contractual terms.
With regard to the 12 significant commercial agreements concluded in 2011, these did not include any clauses on the protection of Human Rights. For METKA
S.A., a "Significant Agreement" is an agreement concerning the financial scope of an investment and the profits this will bring for the Company, and also concerning
the prospects for the Company’s business and commercial expansion or for the consolidation of its position in energy markets and in the markets of its other
activity sectors (e.g. defence industry, construction), thus generating significant added value to the Company.
In addition, all the contracts that METKA S.A. concludes with its suppliers and subcontractors or with its other business partners contain clauses on the adherence
to the applicable national laws and to the statutory rules and regulations, and on the strict compliance with the provisions of the labour laws, in order to ensure
the protection of the employees’ labour rights, including the freedom of association and collective bargaining. In its business units, the Company is engaging as
employer in discussions with two (2) official unions (in the Volos Plant and in the Ag. Nikolaos Energy Complex), which act as the employees’ legal representatives.
The Company does so with full respect for the freedom of association and collective bargaining, and its priority is to maintain labour peace. In 2011 an operational
agreement was signed between the Employees’ Union of the Volos Plant and the Company, with more favourable terms for employees than the statutory ones.
As regards the protection of Human Rights, in 2011 the Company took the significant initiative to provide all its security personnel (18 persons) with training
on its Human Rights policies and procedures. Of these persons, two are directly employed by the Company as salaried personnel, while the Company and its
subsidiaries are employing an additional 16 people through outsourcing from Security services companies. The Company's objective for 2012 is to specify
evaluation indicators that will allow it to check and trace cases of violation of Human Rights in all its business units in the countries where its operations are located.
Personnel training in Human Rights
2009
2010
2011
Total personnel
755
858
683
Personnel training hours
1,254
4,024
1,062
Training hours in Human Rights
0
0
15
Personnel receiving formal training in Human Rights
0
0
2
Percentage of personnel receiving formal training in Human Rights
0
0
0.3%
Business units assessed and for Human Rights
2010
2011
Countries where the Company is present
4
4
Business units
6
6
Turkey
2
2
Romania
1
1
Syria
1
1
Greece
2
2
Business units assessed for Human Rights
0
0
Percentage of business units assessed for Human Rights
0%
0%
METKA S.A. encourages the dialogue with its employees and with their legal representatives (Unions) and applies fully all the provisions of the labour laws
or business agreements, seeking always to maintain the best possible climate in labour relations. Additionally, the Management holds regular meetings with
Union representatives and invites discussion on issues of interest in order to reach agreement on their solution. No serious dispute between the management
and the employees’ legal representatives has arisen in the Company’s business units. In total, 59.2% of the Company’s employees are covered by collective
bargaining agreements, with its other employees being freelance professionals to which the provisions of these agreements do not apply. Excluding these
freelance professionals, 100% of salaried personnel is covered by these agreements.
Through a specific clause in employment contracts with the Company (rather than through a formal company policy), the Company allows a reasonable period
of time for the adjustment of its employees to significant changes in corporate operations which may affect them.
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