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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011
4
Sustainability Report Parameters
The present publication is the 5th Sustainability
Report of MYTILINEOS Group (hereinafter
“Report”) and refers to the period from 1st
January to 31st December 2011. The Report,
which is released and published annually, covers
the Group’s approach to and management of
Corporate Social Responsibility issues (financial,
environmental and social) and the Group’s
strategy for sustainable development, and is a
continuation of the previous Sustainability Report
2010.
Report Scope and Boundary
The key purpose of the Report is to provide direct,
reliable and transparent information about the
efforts, performance and future commitments of
MYTILINEOS Group concerning the integration of
Corporate Social Responsibility in its operations
to all its Stakeholder groups – employees,
shareholders, financial analysts, corporate clients,
suppliers, business partners, government officials,
the Media and the local communities where the
Group deploys and develops its activities.
The Report makes short reference to key financial
figures (discussed in detail in the Group’s Financial
Report 2011) and covers extensively the Group’s
approach to Corporate Social Responsibility,
focusing on the environmental and social initiatives
and performance (sustainability framework) of
MYTILINEOS HOLDINGS S.A. (Corporate Centre)
and its four subsidiaries in which it is the majority
shareholder (“ALUMINIUM S.A.”, “DELPHI-
DISTOMON S.A.” and “PROTERGIA S.A.”).
The information is presented by industrial activity
sector, such as the Metallurgy & Mining sector
and the Energy sector, with reference to the Greek
territory, and EPC Projects, with reference not only
to the Greek territory but also to Turkey, Romania
and Syria, where METKA S.A. is active.
The Report focuses on key issues such as: the
importance of the health and safety of employees
at the work premises of the Group’s companies;
the Group’s contribution to development projects
and, by extension, to supporting social cohesion
in the local communities where its operations are
located; and the investments that help mitigate
the environmental impact of the Group’s business
activities.
Compared to the Sustainability Report 2010,
changes in this year’s Report data concern
primarily the additional requirements of the GRI
G3.1 guidelines. There are no significant changes
from the previous Report in terms of the scope
and boundaries of the report and of the calculation
methods used. In addition, the present Report
contains the following revisions of information on
Group Companies:
a) The policies and the systematic actions
undertaken by the Group Companies in the
Corporate Social Responsibility domain were
covered in detail in the Sustainability Report
2010. Thus, they are not repeated in this year’s
Report, as they consist ongoing mechanisms
and directions of the Group Companies for
sustainable development.
b) The Report does not contain any data on the
Group’s newly-established company “M&M GAS
Co S.A.”, established jointly with MOTOR OIL
to engage in the supply and trading of natural
gas. The evaluation procedure for including this
company in the Sustainability Report 2013 has
been scheduled for this year.
c) The performance of MYTILINEOS Group in
core areas which is limited to the presentation
of data from a single company, such as for
example the data reported on carbon dioxide
emissions and the incorporation of human rights
protection criteria in business agreements, is
also mentioned in the corresponding sections
on the individual companies, together with the
time foreseen for full reporting of these data
by all Group Companies.
d) From the data supplied by METKA S.A.,
information concerning EMKE S.A. (which
was contained in the previous Sustainability
Reports) was excluded for the present Report,
as METKA S.A. is not the company’s majority
shareholder.
Report Methodology
The structure of this year’s Report, on which the
compilation of the relevant data was based, was
derived after adoption of the Global Reporting
Initiative (GRI) reporting guidelines. The
information contained in the Report covers the
Group’s performance in the economic, environ-
mental protection and social responsibility
domains, against the core and additional indicators
foreseen under the GRI-G3.1 reporting guidelines.
Furthermore, the Group declares that the
Sustainability Report 2011 meets the Application
Level B requirements of the GRI level structure.
The information presented in the sections on the
Group’s individual companies follows the same
guidelines, with reference being made to the full
or partial coverage of the respective indicators.
The present Report outlines the Group’s gover-
nance model for Corporate Social Responsibility
and presents the Disclosure on Management
Approach, which provides a brief overview of
the Group’s approach to addressing the key CSR
issues. For the first time in the present Report,
quantitative CSR targets for the Group’s individual
companies are presented. Finally, the Report also
presents the procedure and the results of the
Group’s cycle of open dialogue events with the
Stakeholders of its subsidiaries, organised for the
second time by ALUMINIUM S.A. and METKA S.A.,
and for the first time by PROTERGIA S.A.
Sustainability Report
Parameters
