The initiatives for the abatement of the
climate change, the UN’s 17 Sustainable Development Goals, the legislation for
the provision of non-financial information and the inclusion of sustainability
criteria in the financing of businesses that are being promoted by the European
Union are some of the factors that change the requirements for the operation of
today’s responsible businesses, promoting those investments that benefit the
pillars of sustainable development.
Through its operations, MYTILINEOS takes advantage of the opportunities
offered by the path towards the big goal of Sustainable Development and
transforms the relevant challenges into new possibilities. In this context, within
2017, the company focused even more on the management of the Material
Issues that are directly related to its activity and have been evaluated and
ranked by the main groups of its Stakeholders.
This effort is reflected in the 2017 Sustainable Development Report, entitled
“Promoting sustainable practices at all stages of our value chain”, which
was published during the Annual Shareholders General Meeting of
MYTILINEOS. This report is the 10th consecutive publication of MYTILINEOS’s
Non-Financial Information and was compiled according to the new GRI
Standards. The report focuses on aligning the company’s strategy, and thus
the company’s Operational, Environmental and Social practices with the Global
Sustainable Development Goals (2030 Agenda), presenting the relevant
quantitative and qualitative data and initiatives.
The most significant achievements of MYTILINEOS for 2017 include:
✓ The increase of the company’s total employment by 7% and the creation of
95 new job positions.
✓ The reduction of the workplace accidents frequency rate by 28% (0.15
accidents per 200.000 hours of work).
✓ The increase in social and environmental investments by 39% & 23%
respectively, since 2016.
✓ The systematic research for methods of exploiting bauxite residues through
the participation in new innovative European research programs.
✓ The company’s commitment to the G.E.F.Y.R.A initiative for the development
of quality job positions for young scientists.
✓ The individual reduction of CO2 emissions by 86,616 metric tons and dust
emissions by 18,8 metric tons by the company’s Metallurgy Sector.
✓ The adoption of the international SROI (Social Return on Investment)
quantitative methodology for the measurement of the impact major CSR
actions.
✓ The company’s performance upgrading (from B to A-) by the CDP-Water
International Sustainable Development Initiative on Water Management.
The comprehensive data included in the report are supported by the renewed
“Generated Value Scorecard” tool that addresses the need for more integrated
information by combining financial and non-financial issues so that a
comprehensive view can be drawn on how MYTILINEOS creates value for its
shareholders, the other groups of its Stakeholders and the society overall, in its
endeavor to fulfill its mission and vision.
You can read the “2017Sustainable Development Report” here.
You can view the “Generated Value SCORECARD” application at the following
link: http://scorecard.mytilineos.gr/