NIREUS AQUACULTURE S.A.

Climate Impact & Sustainability Data (2012, 2013)

Reporting Period: 2012

Environmental Metrics

ESG Focus Areas

Environmental Management
Social Responsibility
Governance
Sustainable Development

Environmental Achievements

Reduced CO2 pollutants by almost 45 tons compared to 2010 through optimized transport and reduced no-cargo travel.
Achieved an 8.7% increase in direct exports from packaging plants to European destinations, reducing transport distances.
Recycled 65 tons of plastic fish feed bags and 55 tons of polystyrene.
Became the first sea bream and sea bass producer to obtain GLOBALG.A.P. certification.

Social Achievements

Maintained a low work accident rate (15 minor accidents out of 1075 employees).
Organized a Christmas bazaar raising €1,203 for Children’s Villages SOS.
Organized a voluntary blood drive collecting 18 units of blood.
Provided various social contributions including product donations and sponsorships to numerous organizations.

Governance Achievements

Full compliance with Greek Labor Law and international Corporate Governance guidelines.
Established purchasing procedures requiring at least 3 bids from different suppliers.
Annual audits of financial statements by an international auditing firm.
Implemented a Performance Appraisal System linked to salary and benefits.

Climate Goals & Targets

Environmental Challenges

Extreme economic challenges.
Maintaining sustainability in a challenging economic climate.

Mitigation Strategies

Increased sales and presence in new markets.
Strengthened long-term sustainability of the Group.
Redesign of the supply chain to optimize transport and reduce environmental impact.

Supply Chain Management

Responsible Procurement

Evaluation of suppliers based on cost, quality, consistency, compliance with Group’s code of conduct, and principles of corporate governance.
Support for local suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, GLOBALG.A.P.

Certifications: EN ISO 9001:2008, EN ISO 14001:2004, EN ISO 22000:2005, BRC Global Standard, GLOBALG.A.P. version 4.0

Awards & Recognition

Management Award for Sustainable Development

Reporting Period: 2013

Environmental Metrics

Waste Generated:48 tons of plastic recycled in 2013

ESG Focus Areas

Environmental Management
Food Quality and Safety
Human Resources
Business Ethics
Stakeholder Engagement

Environmental Achievements

Reduced the percentage of fishmeal and fish oil from wild fish used for the production of fish feed.
Recycled 48 tons of plastic, 4.5 tons of paper, 1000 lamps, and 44 pieces of electrical and electronic equipment.
Achieved GLOBAL G.A.P. certification for seabass and seabream farming.

Social Achievements

Employs 1,065 persons in Greece, with a focus on local hiring in rural areas.
Implemented a Performance Evaluation System for employees.
Provided various employee benefits, including interest-free loans, marriage and childbirth bonuses, and a painting contest for children.
Maintained a low rate of occupational accidents (8 out of 1,065 employees).

Governance Achievements

Established an Audit Committee and a Corporate Governance Committee.
Complied with all provisions of article 37, L. 3693/2008 on the establishment of an Audit Committee.
Implemented a Performance Management System based on quantitative and qualitative goals.
Participated in the United Nations Global Compact since 2008.

Climate Goals & Targets

Long-term Goals:

Not disclosed

Medium-term Goals:

Expand export activity to new markets.

Short-term Goals:

Further reduce transportation distances and fuel consumption.