The natural environment provides the resources that ensure the smooth operation, the economic growth and social progress. In this context, PPC Group undertakes commitments and implements actions to mitigate and control the negative impacts caused by human activity on the natural environment. Moreover, PPC Group promotes initiatives aiming to enhance the positive impacts of its activities on environmental protection and the sustainable management of natural resources.
The Group supports and adopts a precautionary approach to environmental challenges, assessing the risks that may cause irreversible damage to the natural environment, such as climate change, pollution, biodiversity loss, as well as water resource management. At the same time, it continuously undertakes initiatives to promote environmental responsibility and encourages the development and dissemination of environmentally friendly technologies, contributing to the energy and green transition.
Within the framework of the PPC Group’s Sustainable Development Strategy, the Sustainable Development Policy aims at adopting medium- and long-term targets, in alignment with those of the European Union and Greece, in order to achieve climate neutrality by 2050. The validation of the PPC Group’s targets by international organisations, such as the Science Based Targets initiative (SBTi), ensures full alignment with the 1.5°C target of the Paris Agreement and the achievement of climate neutrality across its entire value chain.
The PPC Group recognises the special importance of its mission for people and society, as well as the need to build relationships based on shared values, mutual trust, and goals, as defined within the national, European, and international framework. The Group’s human-centred strategy for creating socio-economic shared value seeks to respond to the needs and expectations of all stakeholders affected by its operations — especially its employees, affected communities, as well as customers, consumers, and end users.
Creating socio-economic shared value and implementing strategic investments with a view to maximising its positive social footprint, is a key priority for the PPC Group. Developing initiatives and actions in social innovation creates positive social and economic impact in the long run, empowers local communities and the economy, while strengthening the Group’s trust and social credibility.
Ensuring a healthy and safe working environment is of utmost importance for the Group, taking all necessary measures to protect not only its own employees but also partners and third-party workers.
The Group respects and supports internationally recognised human rights and implements policies of fair compensation, meritocracy, and equal opportunities for its human resources, without any discrimination and with full respect for diversity. In this context, it seeks to implement due diligence practices, emphasising the understanding of its value chain and the potential risks to human rights, as well as the development of actions to mitigate relevant negative impacts.
The PPC Group consistently maintains its customer-focused approach, integrating the needs, expectations, and rights of its customers into every business decision. The Group focuses on continuously enhancing the customer experience through the development of innovative solutions and value-added products that meet modern energy demands and promote the sustainable transition.
Governance is a key pillar of the PPC Group’s operations, contributing to the enhancement of its long-term economic value, the achievement of positive financial results, as well as the protection of overall corporate interests. To this end, the Group adopts and implements best practices in corporate governance, aiming at the continuous improvement of its efficient operation for the benefit of its shareholders and stakeholders.
The Group has adopted a modern corporate governance structure supported by a set of policies, regulations, and procedures that ensure the suitability of Board members, the proper functioning of its Committees, transparency, and the establishment of trust-based relationships with investors and all stakeholders.
In this context, guided by international best practices and recognised standards, the Group is engaged in a continuous process of improving its Sustainable Development initiatives to ensure full alignment with its corporate values. The effective management of Sustainable Development issues falls under the responsibility of the Sustainability Committee, which includes members of Senior Management and its role is to monitor and support the Board of Directors’ briefing on these issues.
The Group has also established an Internal Control System and a set of internal audit mechanisms designed to continuously cover all of the Group’s activities, contributing to its safe and efficient operation, as well as to the preventive management of risks and opportunities.
Furthermore, through the Code of Conduct, which is gradually adopted and implemented by the Group’s subsidiaries, it aims to create a business culture founded on the values of business ethics.