Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced total energy consumption from 1457 GJ in 2021 to 1370 GJ in 2022.
• Increased percentage of materials recycled and reused during the production process from 65% in 2021 to 74% in 2022.
• Reduced total direct emissions/Scope 1 from 1,089.751 tnCO2eq in 2021 to 862.080 tnCO2eq in 2022.

Social Achievements

• Maintained zero incidents of child labor, forced labor, and discrimination.
• Voluntary employee turnover rate of 10%.

Governance Achievements

• 43% women in the Board of Directors.
• Zero corruption incidents reported.

Climate Goals & Targets

Environmental Challenges

• Requirement for rapid reduction of carbon footprint.
• Limited availability and increased cost of raw materials and energy.
• Incorrect waste management.
• Failure to ensure a safe working environment.
• Failure to satisfy diversity requirements for human resources.
• Failure to adjust to latest demands of technical advancement.
• Failure to provide safer products.
• Inadequate positive interaction with the local community.
• Failure of the company to adjust to new, more rigid rules.
• Risk of data loss and operational interruption due to cyberattacks.

Mitigation Strategies

• Implementation of energy-saving measures (LED lamps, investigation of photovoltaic systems).
• Development of new products with less resource and energy consumption.
• Strengthening recycling activities and waste recovery.
• Enhancing employee training and strengthening a safety culture.
• Employment of human resources that satisfy diversity requirements.
• Support of employee training on technology and sustainable development.
• Development of innovative, environment- and human-friendly products.
• Increased contribution to the local community.
• Strengthening of internal audit procedures and employee awareness training.
• Strengthening of internal security processes for the company’s IT systems.

Supply Chain Management

Responsible Procurement

• Priority to local suppliers.

Climate-Related Risks & Opportunities

Transition Risks

• Requirement for rapid reduction of carbon footprint.
• Imposition of a “carbon tax”
• Change in customer/consumer behavior.

Opportunities

• Development of new products with a lower carbon footprint.
• Reduction of GHG emissions with concurrent financial benefits.

Reporting Standards

Frameworks Used: Athens Stock Exchange “ESG Reporting Guide” (2022), SASB “Chemicals Sustainability Accounting Standard” (2018-10), GRI standards (Universal Standards, Topic Standards)

Certifications: ISO 9001:2015