Climate Change Data

MYTILINEOS S.A.

Climate Impact & Sustainability Data (2008, 2014, 2020)

Reporting Period: 2008

Environmental Metrics

Total Carbon Emissions:3.8 million tCO2e
Total Energy Consumption:2.5 million MWh
Water Consumption:5.8 million m3
Waste Generated:80,700 tons

ESG Focus Areas

  • Economic Performance
  • Environmental Performance
  • Human Resources
  • Social Care
  • Corporate Governance

Environmental Achievements

  • Completed installation of the second filter press in Aluminum of Greece, drastically reducing bauxite residue disposal in the Corinthian Bay.
  • Implemented various energy saving initiatives across the group, including automated lighting and air-conditioning systems.

Social Achievements

  • Employed 38 people with disabilities.
  • Provided over €1.2 million for initiatives supporting Arts and Culture, athletic sponsorships, community development, entrepreneurship, NGOs, and education.
  • 74% of employees participated in various education, vocational training, and development programs.

Governance Achievements

  • Established Remunerations Committee and Audit Committee at the Board of Directors level.
  • Initiated a process of updating the Group’s Code of Conduct.

Climate Goals & Targets

Medium-term Goals:
  • Endesa Hellas aims to achieve 170 MW of power generation from renewable sources by the end of 2010.
Short-term Goals:
  • Finalize and deploy the new Code of Conduct to all Group companies.
  • Establish Corporate Social Responsibility and Workplace Health and Safety Committees at Board of Directors level.

Environmental Challenges

  • International economic downturn in the last quarter of 2008.
  • Economic crisis, crash in international commodity prices, shrinking demand, and environmental challenges arising from climate change.
Mitigation Strategies
  • Initiated actions to confront challenges effectively.
  • Made successful business moves securing funding and synergies to continue growth plans.
  • Continued investments in projects improving environmental performance.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI-G3

Certifications: OHSAS 18001-ELOT 1801, ISO 14001

Reporting Period: 2014

Environmental Metrics

Total Carbon Emissions:3,793,740.7 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:1,489,015.3 tCO2e/year
Scope 2 Emissions:2,304,725.5 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:31,834.7 Tj/year
Water Consumption:166,120,000 m3/year
Waste Generated:807,115 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced fluorine emissions
  • Reduced solid waste
  • Reduced total water withdrawal
  • Increased waste recycling rate to 48.5%

Social Achievements

  • Maintained 2,500 direct and indirect jobs during economic recession
  • 40% of 370 new hires were young people under 30
  • Launched "ENGINEERS IN ACTION" program for young graduates
  • Increased social expenditures by 12.3% to €852,000

Governance Achievements

  • Upgraded Sustainability Report to GRI-G4 guidelines
  • Achieved "Advanced" level Communication on Progress under UN Global Compact
  • Signed UN Global Compact "Call for Action" against corruption

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase percentage of employees who received formal performance evaluation reviews to >90%
  • Increase training hours per employee per year to >35
  • Increase percentage of major suppliers committed to Code of Conduct to 100%
  • Improve transparency and human rights policies in subsidiaries
Short-term Goals:
  • Zero accidents and occupational diseases
  • Increase response to local community infrastructure needs
  • Establish comprehensive human rights policy
  • Ensure key supplier commitment to Code of Conduct
  • Stabilize and reduce emissions and waste discharges

Environmental Challenges

  • Reduced demand and regulatory changes in the energy market
  • Uncertainties in domestic and international environments
  • Fluctuations in the Greek economy affected by political developments
  • Lubricant spills increased by 69% due to breakdowns in machinery during mining
Mitigation Strategies
  • Strict and consistent strategy to maintain positive growth
  • Focus on construction of large-scale energy projects in markets with strong energy needs
  • Cost reductions and risk-hedging methods to optimize economic performance
  • Purchase of high-quality lubricant pipes, annual awareness seminars, and immediate response methods for spills

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prior checks on suppliers to ensure compliance with laws and ethical practices
  • Development of a "Suppliers and Business Partners Code of Conduct"

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Changes to legislation and regulations on greenhouse gas emissions
Opportunities
  • Opportunities in EPC Projects sector due to changes in climate change legislation

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Guidelines, UN Global Compact

Certifications: OHSAS 18001, ISO 14001, ISO 14064, ISO 9001:2008, ISO 17025:2005

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:4,459,423.5 t CO2 eq
Scope 1 Emissions:2,885,465.3 t CO2 eq
Scope 2 Emissions:1,573,958.2 t CO2 eq
Scope 3 Emissions:3,553.0 t CO2 eq
Renewable Energy Share:8.6%
Water Consumption:6,603.4 ML
Waste Generated:839.4 thousand tons

ESG Focus Areas

  • Climate Change
  • Energy Transition
  • Environmental Management
  • Circular Economy
  • Biodiversity
  • Water Management
  • Waste Management
  • Occupational Health and Safety
  • Labor Practices
  • Human Rights
  • Social Investments
  • Responsible Supply Chain
  • Corporate Conduct
  • Corporate Governance
  • Anti-Corruption and Bribery
  • Legal Compliance

Environmental Achievements

  • Reduced total Scope 1 & 2 CO2 emissions by nearly 4% relative to 2019 levels.
  • Reduced total NOx/SOx emissions by 10%, and particulate emissions by 14%.
  • Increased production of secondary aluminum using aluminum scrap to >20% of total production.
  • Increased solid waste recycled and reused to 18.6%, while waste directed to landfills decreased by 39.1% compared to 2019.
  • Achieved 83.3% rehabilitation rate of total exploitable land area used in mining operations.
  • Zero incidents of pollution of the natural environment from production activity.

Social Achievements

  • Implemented new social programs and investments in local infrastructure worth €3.21 million, benefiting nearly 30,000 citizens.
  • No occupational diseases recorded; lost time injury rates (with interruption of work for 3 or more days) per 200,000 work hours were kept at very low levels (0.19 & 0.14 respectively).
  • Trained 40 key suppliers in the 10 Principles of the UN Global Compact and Sustainable Development.
  • Developed a specialized Human Rights Policy expressing zero tolerance of any violation of Human Rights.

Governance Achievements

  • Implemented a custom training program in the Company’s Code of Business Conduct for 300 employees.
  • Applied a “Zero Tolerance” approach to incidents of corruption and bribery.
  • Successfully continued dialogue with stakeholders, resulting in almost universal acceptance and support for the corporate Human Rights Policy.
  • No financial sanctions arising from violations of the Code of Business Conduct.
  • Strict compliance with legislation, resulting in no incidents of non-compliance.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero carbon footprint across all operational units by 2050.
Medium-term Goals:
  • Reduce Metallurgy Business Unit Scope 1 & 2 CO2 emissions by 65% (relative to 2019 data).
  • Reduce Metallurgy Business Unit specific CO2 emissions per ton of aluminum produced by 75% (relative to 2019 data).
  • Reduce Power & Gas Business Unit specific CO2 emissions per kWh produced by ~50% (relative to 2019 data).
Short-term Goals:
  • Reduce total Scope 1 & 2 CO2 emissions by 30% (relative to 2019 data).

Environmental Challenges

  • COVID-19 pandemic and its economic consequences.
  • Climate change and its impact on operations (transition risks, natural hazards, reputational risk).
  • Managing waste (bauxite residues).
  • Ensuring water resource management.
  • Preventing pollution.
  • Maintaining regulatory compliance.
  • Managing the safety of indirect employees.
  • Ensuring the quality and safety of products and services.
  • Effective communication and marketing across diverse international audiences.
Mitigation Strategies
  • Implemented a multifaceted action plan to mitigate the effects of the COVID-19 pandemic.
  • Developed a decarbonization strategy with ambitious targets for 2030 and 2050.
  • Joined CDP Climate Change initiative and planned full adoption of TCFD recommendations.
  • Invested in research and development for bauxite residue utilization and alternative alumina production.
  • Implemented water recycling and reuse programs.
  • Implemented preventive and suppressive measures to prevent pollution.
  • Implemented an integrated Environmental Management System (ISO 14001/2015).
  • Implemented an integrated Occupational Health & Safety Management System (OHSAS 18001 and ISO 45001:2018).
  • Implemented a “Suppliers & Business Partners Code of Conduct”.
  • Implemented an ISO 9001/2018 certified Environmental Management System.

Supply Chain Management

Responsible Procurement
  • Suppliers & Business Partners Code of Conduct addressing environmental protection, health & safety, work conditions, and ethics.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions
  • Flooding
  • Water resource reduction
  • Sea level rise
Transition Risks
  • Changes in climate change policies and technologies
Opportunities
  • Development of renewable energy projects

Reporting Standards

Frameworks Used: GRI Standards, UN Global Compact, AA1000AP Accountability Principles Standard, ISO 26000

Certifications: ISO 14001/2015, OHSAS 18001 and ISO 45001:2018, ISO 9001/2018

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 14
  • Goal 15
  • Goal 16
  • Goal 17

MYTILINEOS' initiatives contribute to these goals through various programs and actions.

Sustainable Products & Innovation

  • Secondary aluminum production
  • Renewable energy projects

Awards & Recognition

  • The Most Sustainable Companies in Greece 2020
  • Change the World (Fortune)
  • Hellenic Responsible Business Awards
  • Corporate Affairs excellence awards 2020
  • Health & Safety Awards 2020
  • Concrete Awards