Environment
Society
Corporate Governance
In our Group, in accordance with our values and principles, strategy, activities, the market, neighbouring communities and the society as a whole, we regularly redefine our stakeholders, namely those who are significantly influenced by and/ or influence our business activities, with the aim of ensuring an effective two-way communication. In this context, we have acknowledged the following groups:
Means of Communication / Participation Methods | Communication Frequency |
Dialogue, scheduled meetings, webcasts /speeches, publications, newsletters. | Periodically |
Intranet (internal communication network), employee suggestion box. | Daily |
Means of Communication / Participation Methods | Communication Frequency |
Dialogue, scheduled meetings, Q&A, contracts, events, focus groups | Daily and periodically |
Means of Communication / Participation Methods | Communication Frequency |
Satisfaction surveys, loyalty surveys, special surveys via questionnaires on the degree of acceptability of new products/services, focus-groups. | Monthly, Quarterly, Annually and on a case-by-case basis |
Customer helpline, dialogue, websites of marketing companies, social media, newsletters, portals, android & IOS apps. | Daily |
Means of Communication / Participation Methods | Communication Frequency |
Satisfaction surveys. | Monthly, Quarterly |
Training, evaluation of employee performance, dialogue, publications. | Weekly, Daily |
Means of Communication / Participation Methods | Communication Frequency |
Meetings, dialogue, answering questions, resolving disagreements, participation in procurement tenders, contracts. | Whenever appropriate |
Supplier registration questionnaire. | Periodically |
Means of Communication / Participation Methods | Communication Frequency |
Road shows, meetings. | Periodically |
General assemblies, presentation of results, publications (annual, half-yearly and quarterly reports (see Investor Relations). | Annually, Bi-annually, Quarterly |
Means of Communication / Participation Methods | Communication Frequency |
Dialogue, public opinion polls, synergies (see Corporate Responsibility). | Periodically |
Dialogue | Daily |
Dialogue, press publications / statements (see Media Center) | Daily |
Means of Communication / Participation Methods | Communication Frequency |
Public debates, opinion surveys, newsletters, collaborations (see Corporate Responsibility). | Periodically |
Dialogue, press publications / statements (see Media Center) | Daily |
Means of Communication / Participation Methods | Communication Frequency |
Meetings, participations, consultations. | Periodically |
Means of Communication / Participation Methods | Communication Frequency |
Dialogue, public debates, synergies. | Periodically |
Means of Communication / Participation Methods | Communication Frequency |
Dialogue, partnerships and synergies, public debates. | Periodically |
In addition to regular communication, and in a clearly defined cooperation framework with each of our stakeholders, we conduct a materiality assessment with the participation of representatives of stakeholder groups in focus groups, interviews and online surveys. The implementation phases of the assessment are described in detail in the Introduction of the form (Methodology). The 11 material topics highlighted by our research out of a total of 20 topics that have been acknowledged by the sector, are presented in more detail below. We believe that a detailed materiality analysis is an important tool for identifying the most important sustainability issues, in relation to the priorities of not only the Group and the business sector, but also stakeholders.
Graphical presentation of the 20 ESG Topics (Materiality Map)
The Material Topics have been divided by ESG pillars – Environment, Society and Corporate Governance – to better and more transparently reflect the Group’s position and long-term strategy, as well as their importance to the Group’s operations.
Environment
2 Increasing the Share of Renewable Energy and Natural Gas Portfolio
4 Identification of Financial and Operational Risks & Opportunities from Climate Change
12 Ensuring Air Quality
14 Minimising Waste and Increasing the Use of Circular Economy Practices
Society
1 Creation and distribution of direct economic value
3 Strengthening Innovation and Digital Transformation
6 Improving the Safety, Quality and Seamless Disposal of Products
8 Safeguarding Employment
9 Ensuring the Health, Safety and Wellness of Employees, Contractors and Third Parties
Corporate Governance
5 Ensuring Regulatory Compliance and Business Ethics
19 Ensuring Preparedness and Response to Emergency Situations
We aim to reduce our carbon footprint in order to contribute to addressing the causes and impacts of climate change, drive energy transformation and evolve into a low-carbon energy solutions provider. We strive to continuously reduce gas emission indicators in all our activities, increase the rate of utilization of materials and natural resources throughout their life cycle, cycle and develop significant business in renewable energy and natural gas.
We seek to ensure a working environment, in all activities, with zero accidents and absence of occupational diseases, as well as prevention and protection of the health of employees and external partners, while highlighting the employee himself/herself. We apply the most optimal quality assurance practices for our products and we create value to the society and the economy of the country, by emphasizing the implementation of Corporate Social Responsibility actions. At the same time, digital technology and its potential are tools for every area of our activity.
We demonstrate zero tolerance for incidents of corruption as we aim to ensure that our business is in line with the principles of transparency and healthy competition and is governed by specific values and principles that are applied in all its facets. These principles and values define a lawful and ethical way of operating to achieve our business objectives and ensure our sustainability and business continuity.
Other Topics
7. Improving the Sustainable Management of the Supply Chain
10. Providing employees with training and development
11. Safeguarding human rights at work (e.g. equal opportunities, diversity, eliminating forced labor)
13. Increasing responsible sourcing and efficiency of materials
15. Ensuring sustainable water and wastewater management
16. Reducing energy consumption (non-renewable sources) and GHG emissions
17. Protecting and preserving biodiversity
18. Utilizing oil and gas reserves responsibly
20. Building and maintaining community relations
On the back of the accelerating energy transition, the Group has embarked upon a holistic transformation, named “Vision 2025”. “Vision 2025” sets an agenda to capitalize on opportunities created by the changing energy landscaping.
Vision 2025 consists of five key pillars:
In this way, the Group seeks to protect its core activities and exploit the opportunities opened up by energy transition. The emphasis will, therefore, be on clean energy forms, electrοmobility, hydrogen production and serious initiatives to modernise the traditional liquid fuels business. This plan demonstrates the Group’s practical commitment to Sustainable Development and takes into account the topics identified as material by its stakeholders.
We are always innovating in order to deliver greater human benefit with less environmental impact. Thus, each year, we set targets that reflect our Group values and demonstrate our commitment to operating in a socially and environmentally responsible manner.
The HELLENIC PETROLEUM Group recognizes the importance of developing targeted actions with the aim of contributing to the realisation of the UN’s Global Goals for Sustainable Development and is committed to dialogue and collaboration with all stakeholders for the implementation of the “Agenda 2030”.
HELPE Group’s commitment to the gradual integration of the global Sustainable Development Goals in all its activities is now an immediate priority. In this context, it has aligned its strategy with the SDGs as follows:
Specifically, for the 6 Goals that it has set as a priority, the Group is aligned with them by implementing CSR actions: