METLEN demonstrates responsible corporate behavior through its participation in international and national initiatives that promote transparency, and having adopted the 10th principle of the UN Global Compact, is actively committed against all forms of corruption, consistently strengthening the culture of integrity at all levels. In addition, the Company seeks to develop strong and long-term relationships of trust and mutual benefit with its suppliers and partners, while it is a priority to support its local communities by entering into partnerships with local suppliers and contractors. At the same time, as part of its strategy for sustainable development, METLEN has started implementing specific initiatives aimed at expanding responsible practices in its supply chain. According to the 2024 Double Essentiality Assessment, significant impacts related to the above challenge are:
See more in the Company's Annual Report 2024.
METLEN has established a comprehensive governance framework for the management of sustainability issues, which is integrated into the Company's core decision-making and oversight processes. The role of the Management is clearly defined and ensures continuous supervision and strategic guidance on sustainability issues.
In particular, the Sustainable Development Committee, as a committee of the Board of Directors, is responsible for monitoring the implementation of the sustainable development strategy, approving relevant policies and monitoring the Company's ESG performance. The Committee meets regularly and cooperates with the Directorate-General for Corporate Governance and Sustainable Development, which plays a crucial role in coordinating all sustainability issues within the Company.
The governance of sustainability issues is supported by specially defined organisational structures, which include teams and sustainability officers in each Business Sector and a key subsidiary. ESG thematic pillar managers work with central and local management teams, ensuring coordination, monitoring progress and providing technical guidance, with the aim of systematically integrating the principles of sustainable development across the Company's range of activities.
At the same time, METLEN applies a systematic due diligence approach to manage actual and potential significant sustainability impacts, risks and opportunities. This approach is based on the international guidelines for responsible business conduct and includes: identification and impact assessment processes, setting targets, action plans, monitoring mechanisms, taking corrective actions, consulting stakeholders and promoting value chain partnerships.
Through these mechanisms, METLEN ensures that sustainability issues are integrated into its business strategy and day-to-day operation, enhancing long-term value creation for all stakeholders.
METLEN implements a comprehensive system of monitoring and compliance with legislative and regulatory changes, avoiding risks that could affect its financial stability, reputation and ability to meet its obligations. It embeds corporate responsibility and ethics in all its activities, promoting transparency and sustainable business practices. It is committed to tackling corruption and any form of unfair practice through strict control and evaluation mechanisms, both within the Company and in the context of cooperation with suppliers. It adopts ethical and responsible supply chain policies, requiring full compliance with ESG criteria and international standards. It systematically invests in staff training and the utilization of reporting mechanisms, while conducting regular audits with the aim of continuous improvement and prevention of non-compliance phenomena. With modern digital tools, it enhances transparency and internal control, maintaining constant monitoring of legal developments. Through responsible partnerships, it cultivates a fair and safe business environment based on trust and ethics.
METLEN applies an integrated methodology for the evaluation of its key suppliers, which incorporates environmental, social and intergovernmental criteria, in accordance with the Code of Conduct and the Responsible Supply Chain Policy. Through the dedicated digital platform, data on sustainability and compliance are collected and evaluated on an annual basis, with the aim of identifying risks and enhancing the continuous improvement of suppliers. METLEN is committed to adhering to strict standards of transparency and ethics, and no political contributions or politically influenced activities are permitted under corporate policy. The Regulatory Compliance Directorate supervises the implementation of the Code, while providing extensive training to staff, in order to raise awareness and ensure proper functioning at all levels.
See more in the Company's Annual Report 2024.
METLEN has achieved measurable results in key areas of responsible business operations, with a focus on ESG supplier assessment, employee training on ethics and compliance, and ensuring zero tolerance for corruption. Especially
Indicative objectives:
See more in the Company's Annual Report 2024.
