Business Forum • 31 July, 2024 at 3:17 PM
PPC has achieved a positive score of 90% in the ESG Transparency Score in the ATHEX ESG index of ATHEX Group, following an extensive analysis of a series of criteria regarding the pillars Environment - Society - Governance. Based on this score, PPC is among the leading companies in the Greek market, according to the "ESG Transparency Methodology", with respect to the metrics outlined in the “ATHEX ESG Reporting Guide".
In total, 52 metrics corresponding to 86 individual data points are evaluated, while for the evaluation of each sector, at least 55 data points are taken into consideration. Based on the aforementioned Guide, increased weighting is attributed to the existence of external assurance of the ESG information disclosed by each company, as well as the existence of internal systems and controls for ESG oversight and Sustainability Policy. These topics are considered as particularly important during evaluation, as they demonstrate that the companies have a mechanism and procedures for managing ESG issues and enhancing the credibility of the data. In the same context, the publication of a Sustainability Report is positively evaluated as it is considered as a strong indication of the importance that a company places on ESG, and on communication with all stakeholders.
PPC's ESG Transparency scoring 90% confirms once again the ESG strategy established by the Group.
PPC Group: “green” vision and ESG strategy for a sustainable future for all
PPC Group advances toward “green” transformation into an economically and environmentally sustainable, modern and digital organisation, with a view to maintaining a leading position in renewable energy sources in Greece, as well as to further establishing itself in Southeastern Europe, fully committed to maintaining its role as a valuable social partner in the markets where it operates.
In this context, it makes its best endeavours to ensure that the energy needs of the countries where it operates, are met, by providing green, reliable and affordable services.
Specifically, PPC Group, with a view to achieving ‘Net Zero' greenhouse gas emissions by 2040, is shifting to RES with investments amounting to €9 billion for the period 2024-2026, mainly focusing on green energy portfolio growth and grid enhancement in Greece, and Southeastern Europe. Through these investments, PPC Group aims to reduce direct CO2 emissions by 75% by 2026, compared to 2019, making energy generation greener while promoting the energy transition in Greece and in the wider SE Europe.
At the same time, PPC places particular emphasis on environmental protection and conservation of natural resources, as well as the protection of human rights in the areas of its operations.
PPC Group's goal is to create value for the economy and improve its positive footprint on society, always taking into account the needs of all stakeholders, shareholders, employees, customers, suppliers and the society as a whole.