The Policy seeks to encourage the Group’s Companies to conduct their activities in a manner that promotes the application of Sustainable Development principles and the creation of shared socio-economic value, while strengthening the long-term resilience of the Group and taking into account the interests of all stakeholders.
The continuous improvement of the PPC Group's performance in relation to the implementation of the Sustainable Development Policy is monitored and evaluated on an annual basis through a comprehensive system of quantitative and qualitative indicators for material issues (ESG).
Sustainable Development Policy Priorities:
Environment – E (ESRS E1, E2, E3, E4, E5)
- To invest systematically and responsibly in new and innovative forms of energy generation and to leverage new technologies, always with respect for the natural environment.
- To participate in the protection of natural, water and marine resources, recognising their importance and the need to safeguard them for future generations.
- To recognise and address the growing risk of biodiversity loss and the negative impact of the Group's activities in this area, particularly in relation to land use.
- To take into account science-based working methods for setting short- and long-term continuous improvement targets (e.g. SBTi).
- To apply and promote the principles of the Circular Economy, both within the Group and throughout the value chain.
- To invest in and promote innovation and research, introducing modern and innovative technologies and services across the Group's activities, with the aim of accelerating the transition to an environmentally and socially sustainable low-carbon economy.
- To continuously reduce the negative impacts of our operations and activities and to control potential risks affecting the natural environment and society at large in relation to air, soil and water pollution, by eliminating any incidents.
Society – S (ESRS S1, S2, S3, S4)
- To ensure a safe and healthy working environment for Group employees and third-party workers in its value chain.
- To promote equality, transparency and fair treatment of employees and all parties affected by the Group's operations.
- To encourage dialogue and cooperation with all stakeholders and actively support affected communities and society in general.
- To monitor and evaluate the social impact of our activities, promote social innovation, and adopt best and innovative practices that create shared socio-economic value for all, while strengthening the local economy.
- To take a proactive approach to managing risks and opportunities, thereby contributing to the creation of solutions to important social issues.
- To offer reliable, innovative and high-quality services and products to customers, consumers and end users, tailored to their needs and priorities, in the context of ever-increasing competition.
- To respect diversity, incorporate the principles of inclusion into our culture, provide equal opportunities for recruitment and career development, while offering training and retraining opportunities for our human resources.
- To select and evaluate our partners and suppliers, taking into account their performance on material sustainable development issues, as defined in the Suppliers/Partners Code of Conduct.
Governance – G (ESRS G1)
- To operate in a responsible manner, based on international standards and best practices of corporate governance, by systematically assessing risks and opportunities in the Group's ecosystem.
- To respect the rules of ethics, business ethics and transparency, with priority given to addressing risks of corruption, bribery, fraud, unfair competition, misinformation and violation of fundamental human rights, in accordance with international law.
- To invest in credibility, consistency and trust in our relationships with investors and all stakeholders, leveraging the ability to attract capital for long-term investments that enable the implementation of the Group's investment plans.
- To comply with the applicable regulatory and legislative framework at national and European level, as specified in the relevant Directives and Recommendations of the competent regulatory authorities.
- To actively participate in achieving national, European and international goals for a just energy and digital transition.