SUSTAINABILITY REPORT 2011 - MYTILINEOS HOLDINGS - page 130

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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011
128
- Positive comments were made about the Company’s presence as an organisation developing energy projects (thermal and RES) in the Prefecture of Viotia.
There was indeed encouragement to proceed with more investments in RES projects in the Orchomenos area.
- Manifest satisfaction about the Company’s sponsorship regarding the Ancient Theatre of Orchomenos, in Viotia.
- Concerns were expressed about the fact that the guaranteed revenues to the local communities, foreseen under the laws in force from the operation of the
projects (withholding of 2.7% on the annual revenues of the RES project as Municipal Duty in favour of Local Authorities), have not been paid to the Municipalities
or to the consumers.
- A proposal was put forward for a meeting of the Company with the residents of Akraifnio, in order to update then on the project currently under development
in that area.
- A request was made for the provision of more complete information updates to the citizens of Ikaria about the wind park that the Company intends to develop
on the island.
Business associates
- The lack of environmental awareness in the local society was mentioned, which often slows down the licensing of RES projects, despite the numerous benefits
available through their development.
- A proposal was made for the establishment of an environmental information organisation to further sensitise public opinion about the development of RES
projects.
Representatives of local organisations
- Expressed great satisfaction with the Company’s social policy. An update was requested on the progress in the achievement of the EU 20-20-20 target
(which, by extension, is also a target for Greece).
- A question was put to the Company about whether or not it is interested in investing in the production of electricity through lignite-fired thermal plants.
Support of the local community
The Company's total expenditure in 2011 for financial assistance to social organisations stood at €66,234. In accordance with Company policy, financial
assistance to Municipalities and local organisations for public benefit infrastructure projects is provided mainly during the construction stage of the Company’s
projects. The Company's lower expenditure in 2011 compared to 2010 is due to the fact that during 2010 financial assistance was provided to local communities
where one wind farm and one photovoltaic park were constructed.
Similarly, in 2011 financial assistance was provided primarily to the Municipality of Orchomenos, within whose administrative boundaries the Company is
developing three wind farms, currently at an advanced licensing stage. The Company concluded with the Municipality of Orchomenos an MoU under which a part
of the financial assistance was paid in 2011. The Company also intends to conclude MoUs with other Municipalities, as soon as the progress in the licensing
procedures regarding the RES projects it develops within the boundaries of the respective Municipalities allows this.
Financial assistance to social organisations Actions
2010
2011
Domain
Description of action
Expenditure (€) Expenditure (€)
Support of local community
Financial assistance to Municipalities and local bodies for development projects
155,721
59,234
Arts and Culture
Financial assistance for cultural events and initiatives
3,000
4,800
Assistance to voluntary organisations
Company contribution in cash and in kind to charities.
-
2,200
Sports
Financial support of Federations and major sport events.
5,550
-
Collaborations with scientific organisations and market associations
PROTERGIA S.A. is a member of the following scientific organisations and market associations:
1. The
Institute of Energy for South East Europe (IENE)
.
2. The
Hellenic Wind Energy Association (ELETAEN)
.
3. The
Hellenic Association of Electricity Producers from Renewable Energy Sources (HAEPRES)
.
4. The
Hellenic Association of Independent Power Producers (HAIPP)
.
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