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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011 |21
MYTILINEOS Group is constantly striving to apply sustainable development in practice. A key prerequisite in order for these efforts to be successful, is the
Group’s collaboration with its Stakeholder groups and their treatment not merely as business partners but also as key members of society, so that solutions
to common problems can be jointly worked out and promoted. MYTILINEOS Group planned and launched in 2008 a five-stage iterative process scheduled for
completion in 2011 and aimed at establishing a platform for managing relations with its key Stakeholder groups. The individual stages of this process, which
after a full cycle is completed, are repeated for review purposes and for introducing improvements where required, are the following:
Stage 1: Definition of Stakeholders.
Stage 2: Understanding of each Group Company’s individual motives for engaging in dialogue with its Stakeholders.
Stage 3: Definition of the subject areas and planning of the process of dialogue with the Stakeholders.
Stage 4: Engagement in the actual dialogue and undertaking of commitments to the Stakeholders.
Stage 5: Action (s) in response to the commitments undertaken to the Stakeholders, and continuation of the dialogue.
The Group is pleased to announce that the first cycle of this process has been completed as planned, with the following key results:
1. The Group has given permanent status to the annual dialogue events with Stakeholders (Forum).
2. The Group’s internal procedure for responding to Stakeholder requests has been established.
3. The results of the open dialogue events provide input to the formulation of the Group’s overall Corporate Social Responsibility strategy, and
4. The application of the precautionary principle by the Group’s companies regarding economic, environmental and social issues, as part of their efforts for
sustainable development, has been strengthened.
The Stakeholders of each Group Company are shown in the table below:
Stakeholders
Stakeholders
Company
MYTILINEOS S.A.
ALUMINIUM S.A.
ΜΕΤΚΑ S.A.
PROTERGIA S.A.
DELPHI-DISTOMON S.A.
Employees
Corporate clients
Suppliers
Local communities
Press & Media
Public bodies
Volunteer organisations
Shareholders/Investors
Local Authorities
Financial Institutions
Business partners
Professional Assosiations
The tables that follow present the way in which the Group Companies responded to the various requests made by their Stakeholders, as these requests were
recorded in the first cycle (1st Forum with Stakeholders), held in 2010. They also present the results of the second cycle (2nd Forum with Stakeholders), held
in the second half of 2011.
