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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011 |45
Society
Management Approach
In addition to our contribution to the economic
development of the local communities where we
operate, in MYTILINEOS Group we seek to also
promote the balanced and varied development of
these communities, by actively and consciously
supporting their cultural, intellectual and social
life. Beyond our standing position regarding the
support of Culture, Sports and Entrepreneurship,
our Group’s social policy also takes the form of
concerted actions for the provision of technical
and financial assistance for local infrastructures
by all Group Companies.
Every year, we help find solutions to a number of
social issues and we provide financial assistance to
actions and initiatives whose aim is to strengthen
social cohesion at the central as well as at the local
level.
We assist
in the implementation of local
infrastructure works, by contributing financial,
technical and other resources.
We support
initiatives of high social interest taken
by local social and environmental organisations.
We strengthen
local cultural life and education.
Our efforts to build constructive relationships of
cooperation with the local communities in which
we operate help us define the scope of our social
goals, which involve the
“CREATION OF JOBS
AND DEVELOPMENT OF SKILLS”, “SOCIAL
INVESTMENTS IN LOCAL INFRASTRUCTURE
WORKS”, and “STRENGTHENING EDUCATION,
CULTURE AND HEALTH”
.
Furthermore, acting as a "
RESPONSIBLE
CORPORATE CITIZEN"
, we focus on limiting
our companies’ exposure to corruption, we
plan measures to mitigate the risk of incidents
of corruption, we adhere to market rules, we
participate in the development of international
anti-corruption standards, and we strengthen
transparency through the active participation of
our Stakeholders and the dialogue with them.
We participate
actively and consistently in public
consultations on specific Bills and on draft
decisions and regulations which concern the
Energy sector and affect directly our business
activities.
Actions in support of local communities
In addition to its standing position regarding the
support of Culture, Sports and Entrepreneurship,
the Group’s social policy also takes the form of
concerted actions for the provision of technical
and financial assistance for local infrastructures.
In terms of expenditures, the Group’s total social
contribution in 2011 – including all its subsidiaries
– stood at around €1.2 million, down 28% from
the corresponding amount in 2010, due primarily
to the internal reorganisation of the annual social
contribution and sponsoring budgets between
the various Group Companies, but also to the
reduction of these expenditures as a result of the
economic recession in Greece.
Financial assistance
to social organisations
Actions
2009
2010
2011
Domain
Description of action
Expenditure (€)
Expenditure (€)
Expenditure (€)
Arts and culture
Financial support of theatre shows & painting exhibitions.
Financial assistance to local cultural societies.
474,147
507,200
527,100
Sports
Financial assistance to meet the needs of local sports clubs.
228,200
391,932
274,350
Support of Entrepreneurship
Sponsorships for business conferences.
137,950
226,335
41,570
Local Government
Improvement of local infrastructures.
Financial assistance to meet the needs of local organisations.
Artistic events and financial assistance to local sports clubs.
125,650
210,013
127,004
Social bodies & organisations
Support of the work of volunteer organisations for the protection
of child age and for children with a disability.
37,850
176,200
98,361
Employees
Financial assistance to employees’ union.
128,000
140,000
140,000
Education
Scholarships and financial assistance to educational institutions.
16,500
53,522
13,450
Environment
Financial assistance for studies on the impact of climate change
on Greek society.
47,500
-
-
Total
1,195,797
1,705,201
1,221,835
MYTILINEOS Group
