Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Development Goals (SDGs)
• ESG factors (Environment, Social, Governance)

Environmental Achievements

• More than doubled the share of Renewable Energy Sources in energy consumption (Greece)
• Significant reduction in greenhouse gas emissions (Greece)
• Increased water exploitation index (Greece)
• 1,680 swimming areas with excellent water quality (Greece)
• Significant increase in the share of RES in the power supply system (Greece)
• Investments and re-planning in power distribution network infrastructures (Greece)

Social Achievements

• Reduced income inequalities to pre-economic crisis levels (Greece)
• Poverty decline, after social transfers, the lowest rate in 11 years (Greece)
• Significant investments and institutional reforms in the primary health sector (Greece)
• Increased access to complementary health services (Greece)
• Initiatives to combat hunger and malnutrition (Greece)
• Programs to promote healthy eating habits in schools (Greece)
• Initiatives to support vulnerable social groups (Greece)
• Initiatives to promote gender equality (Greece)
• Initiatives to improve quality of education (Greece)
• Initiatives to promote decent work and economic growth (Greece)

Governance Achievements

• Greece was one of only 4 European countries to submit a National Report within 4 years of the previous one (demonstrates commitment to systematically monitor and improve performance)
• Strengthening of corporate governance framework for listed companies (Greece)
• Increased focus on ESG disclosure by Greek companies
• Introduction of the "ATHEX BONDS GREENet" information unit (Greece)
• Publication of the ESG Reporting Guide (Greece)
• Launch of the ATHEX ESG Index (Greece)
• Launch of the ATHEX ESG Data Portal (Greece)

Climate Goals & Targets

Environmental Challenges

• Intensification of the environmental and climate crisis and social inequalities (global)
• Unsustainable food systems and greenhouse gas emissions (Europe)
• Persistent inequalities across population groups (Europe)
• Regional variations in SDG performance across Europe
• Negative impacts of Europe's international trade and financial practices on other countries' ability to achieve their SDGs
• High poverty rates and social exclusion (Greece)
• High unemployment rates (Greece)
• Low pensions (Greece)
• Childhood and adolescent obesity (Greece)
• Inadequate medical care (Greece)
• High youth unemployment rates (Greece)
• Inequalities in access to education (Greece)
• Water shortage and pollution (Greece)
• High cost of energy consumption (Greece)
• Need for a green transition (Greece)
• High cost of energy production and distribution (Greece)
• De-lignitization and its consequences (Greece)
• Climate change impacts (Greece)
• Biodiversity loss (Greece)
• Forest fires (Greece)
• Overfishing (Greece)
• Marine litter (Greece)
• Corruption (Greece)

Mitigation Strategies

• Public policies and measures to address poverty and social exclusion (Greece)
• Initiatives to promote sustainable agriculture (Greece)
• Investments and reforms in the health sector (Greece)
• Initiatives to promote gender equality (Greece)
• Initiatives to improve quality of education (Greece)
• Initiatives to promote decent work and economic growth (Greece)
• Initiatives to improve water management (Greece)
• Initiatives to promote renewable energy (Greece)
• Initiatives to combat climate change (Greece)
• Initiatives to protect marine environment (Greece)
• Initiatives to combat corruption (Greece)
• Development of a national social dialogue based on initiatives developed by participating organizations (Greece)
• Implementation of the Corporate Sustainability Reporting Directive (CSRD) (EU)
• Development of ESG alignment strategies by listed companies (Greece)
• Introduction of the "ATHEX BONDS GREENet" information unit (Greece)
• Publication of the ESG Reporting Guide (Greece)
• Launch of the ATHEX ESG Index (Greece)
• Launch of the ATHEX ESG Data Portal (Greece)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier sustainability requirements
• Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Heat waves
• Heavy snowfalls
• Fires
• Drought

Transition Risks

• Energy price volatility
• Regulatory changes

Opportunities

• Renewable energy investments
• Energy efficiency improvements

Reporting Standards

Frameworks Used: GRI, NASDAQ Stock Exchange ESG Guidelines, Athens Stock Exchange ESG Reporting Guide 2022, TCFD Recommendations, UN Global Compact’s 10 Principles, GREEK SUSTAINABILITY CODE

Certifications: Cradle to Cradle Certified Silver (ALUMIL), B Corp (Chiesi)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• All 17 SDGs

Initiatives contribute to all 17 SDGs

Sustainable Products & Innovation

• Low carbon footprint pMDI (Chiesi)
• Recyclable aluminum packaging (Symetal)

Awards & Recognition

• Bravo Sustainability Dialogues & Awards
• ISAR Honors 2022
• "The Most Sustainable Companies in Greece 2023"