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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011
112
Management of local suppliers
METKA S.A. sources the products incorporated in its projects from specialised suppliers located in economically developed countries. The products sourced
by the Company for its construction sites and offices from the local market comprise mainly energy, water, lubricants, paints widely used materials and non-
incorporated office consumables (paper, stationery etc.). The company also sources services from local suppliers. The term “local supplier” is a function of
the region where each project is carried out (e.g. offices and construction sites in Greece and abroad, in countries such as Romania, Syria and Turkey), and
progressively extends to cover the entire territory of each country. The Company’s important suppliers and contractors number around 113 in total. All the
contracts that the METKA S.A. concludes with them contain clauses regarding their obligation to adhere to the laws and comply with the relevant provisions, to
ensure safety and protection for personnel, to pay to personnel all types of statutory or contractual wages and salaries, and to take out and maintain in effect
insurance policies for, among others, Employer and General Third Party Liability, Personnel Compensation etc. A large number of the company's subcontractors
and suppliers also sign (in addition to the aforementioned contract clauses) a separate “Code of Conduct” on human rights. During 2011 there were no incidents
of refusal or failure by suppliers or subcontractors of METKA S.A. to comply with the clauses on the protection of human rights which are contained in their
contracts with the Company.
Depending on the nature of each specific purchase, local suppliers are selected based on their solvency, their reliability in terms of quality and punctuality in
terms of delivery, the cost of their products or services, their capability to ensure the quantities required, and their compliance with environmental (against
proof of ISO 14001 certification) and safety principles. Although no formal policy is in place, the approach adopted by the Company, depending on the needs
of each project and on its location, is to give priority to local suppliers provided that the requirements of the particular purchase are met in accordance with the
specifications set by METKA S.A.. On the basis of the data available from the Company's Financial Division, the Company’s outlays to local suppliers in 2011
stand at around 30% of all Company transactions with suppliers.
Society
METKA supports the local communities of Amaroussion (Attica) and of Volos (as the Company’s industrial production activities are located in the Prefecture of
Magnisia), and in several cases lends its support to local communities located near the construction sites of its projects.
The Company's policy concerning the support of social organisations is expressed through its sponsorships, which give priority to support for sports and to
the development and promotion of arts and culture. The key beneficiaries of the Company’s initiatives are Cultural Organisations, Educational Institutions,
Municipal Authorities, Sport Federations and Sports Clubs. METKA S.A. has established long-term collaborations and dialogue with, and supports the work of,
social organisations such as NGOs, Open Protection Centres for the Elderly, associations of volunteers, employees' associations and public benefit foundations
whose beneficiaries are children with a disability, persons with chronic illnesses and vulnerable social groups. It also supports various industrial and commercial
organisations that seek to strengthen entrepreneurship. The Company's total expenditure for financial assistance to these organisations in 2011 stood at
€340,450 and is broken down as follows:
Collaborations with social partners:
METKA S.A. collaborates with the following organisations:
1. The Association of Industries in Thessaly and in Central Greece (AITC).
2. The Hellenic Federation of Enterprises (SEV).
Financial assistance to social
organisations
Actions
2009
2010
2011
Domain
Description of action
Expenditure (€)
Expenditure (€)
Expenditure (€)
Support of NGOs, societies, associations
and public benefit organisations
Financial support to cover the needs of children with a disability,
with chronic illnesses etc.
-
15,500€
14.100€
Community development
Financial assistance to local societies.
-
3,076 €
1,500€
Arts and Culture
Support for cultural events.
-
20,000 €
180,000€
Sports
Financial support of Federations and major sport events.
151,000€
269,432€
133,650€
Support of Entrepreneurship
Financial support of events organised by business organisations.
5,950€
14,085€
8,000€
Education
Financial assistance to educational institutions for addressing
their needs in equipment.
-
17,322€
3,200€
Health
Financial support of an association for children with a disability.
5,000€
-
-
