Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced water consumption index to 0.051 m3/passenger in 2021 from 0.058 m3/passenger in 2020.
• Replaced 2 gasoline vehicles with 2 purely electric vehicles and converted a gasoline vehicle to LPG.
• Collected and recycled over 210,000 plastic cards (approx. 1,156 kg of plastic).
• Investing €21m for construction of 3 state-of-the-art Aero Catamaran vessels with lower fuel consumption and reduced emissions.

Social Achievements

• Provided 57,040 discount tickets (worth over €1.3m) for athletic, cultural and educational activities.
• Organized the 1st Children's Festival in the Aegean, involving 250 children and 250 parents.
• Allocated 18.62% of total costs to small and medium-sized suppliers.
• Trained 99 seafarers on Health and Safety (713 training hours) and 168 offshore employees on various issues.

Governance Achievements

• Designed the three-year Strategic Plan ESG 2021-2023.
• Established a Conflict of Interest Management Framework.
• Developed a Complaints and Investigation Procedure.

Climate Goals & Targets

Environmental Challenges

• On-going effect of COVID-19 pandemic and geopolitical developments adversely influencing fuel prices.
• Increased fuel prices significantly affected operating costs.
• Intense competition in the transportation segment.
• Seasonality of sales in the transportation segment.

Mitigation Strategies

• Completed the settlement of loan liabilities under favorable terms.
• Focusing on maximizing the value of investment in ATTICA group.
• Completing the restructuring of subsidiary RKB loan liabilities.
• Implementing internal restructuring aimed at reducing operating costs.
• Tariff adjustment, rescheduling routes, offsetting part of fuel cost, etc.

Supply Chain Management

Responsible Procurement

• Code of Conduct for Suppliers/Partners
• Single Procurement Process

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001

Third-party Assurance: Grant Thornton

Awards & Recognition

• Gold award in the “Travel-Reward Programs-Loyalty Programs” category (Tourism Awards 2021)
• Gold award in the “Travel-Technology enhanced experience” category (Tourism Awards 2021)
• Silver award in the “Digital Tourism - Multichannel marketing strategy” category (Tourism Awards 2021)
• Silver award in the “Digital Tourism - User interaction” category (Tourism Awards 2021)
• Bronze award in the “Innovation - Innovative concept” category (Tourism Awards 2021)
• Bronze award in the “Technology - Innovative use of Technology” category (Tourism Awards 2021)
• Winner in the “Shipping” sector (Health & Safety Awards 2021)
• Gold award in the “Disability Facilitate Space” category (Health & Safety Awards 2021)
• Gold award in the “Premises Evacuation” category (Health & Safety Awards 2021)
• Bronze award in the “COVID-19: Resources for the workplace” category (Health & Safety Awards 2021)
• Golden Award in the category “Best Greek Coastal Shipping Company” (Greek Hospitality Awards 2021)
• Silver Award in the category “Best Digital Advertising and Performance Campaign” (Greek Hospitality Awards 2021)

Environmental Metrics

ESG Focus Areas

• Governance
• Social
• Environmental

Environmental Achievements

• Invested €21m in constructing 3 Aero Catamaran vessels, reducing environmental footprint through lower fuel consumption and reduced gas emissions. Reduced water consumption index to 0.045 m3/passenger (0.051 m3/passenger in 2021).
• Implemented 3 seabed decontamination actions in Kos, Santorini, and Paros, collecting 346kg of plastic waste.
• Supplied refurbished electronic equipment, including 116 devices and 42 peripherals.

Social Achievements

• Provided 101,237 discount tickets (€2.59m) for athletic, cultural, and educational events.
• Implemented interactive e-learning courses for onshore personnel on Corporate Responsibility, Code of Conduct, Anti-Corruption, and Human Rights.
• Donated surplus hardware and equipment to schools and charities, including 12 sets of computers.

Governance Achievements

• Developed a three-year Strategic Plan ESG 2021-2023.
• Established a Conflict of Interest Management Framework.
• Developed a Complaints and Investigation Procedure.

Climate Goals & Targets

Environmental Challenges

• Volatility of fuel prices and the Carbon Dioxide Emission Rights market.
• New IMO regulations for reducing carbon dioxide emissions from vessels.
• International macroeconomic environment affecting interest rates.

Mitigation Strategies

• Developed an Environmental Strategy with short-term, medium-term, and long-term practices and actions.
• Developed a decarbonization plan with specific actions and objectives until 2030.
• Constantly monitoring interest rate trends and the duration of its financial needs.
• Uses financial instruments and specialized strategies to limit exposure to market volatility.

Supply Chain Management

Supplier Audits: Evaluation of suppliers

Responsible Procurement

• Code of Conduct for Suppliers/Partners
• Single Procurement Process with supplier selection criteria
• 13.79% of total procurement spend allocated to small and medium suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Legislative and regulatory framework changes
• Alternative fuel production and distribution infrastructure

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 45001, ISO 27001:2013

Third-party Assurance: Grant Thornton

Sustainable Products & Innovation

• Aero Catamaran vessels