Sustainable Development Exhibition by GEK TERNA Group
The GEK TERNA Group has recently published its 11th Sustainable Development Exhibition, showcasing their strategies, activities, goals, and performance on key ESG issues. In a related announcement, it was highlighted that the GEK TERNA Group has conducted a Double Materiality analysis for the first time, in accordance with the new European legislation Corporate Sustainability Reporting Directive (CSRD). Additionally, they have successfully participated for another consecutive year in the international platform Carbon Disclosure Project (CDP).
With a focus on the business progress of the GEK TERNA Group, they are committed to sustainable practices and transparency in their operations. The exhibition serves as a testament to their dedication to sustainability and corporate social responsibility.
The Importance of Corporate Social Responsibility in Economic Development
In 2023, a very important Corporate Social Responsibility program was implemented, totaling 11.6 million euros. This program aims to have a multiplier effect on the national economy, employment, Greek regions, and society as a whole, surpassing the contribution made in 2022.
The GEK TERNA Group is implementing a comprehensive strategy focused on economic growth, job security, and alignment with relevant developments, always with terms of social and environmental sustainability in mind.
From climate change to social issues, the Group is committed to making a positive impact and contributing to the well-being of the community. By investing in CSR initiatives, they are not only building a better future for Greece but also setting an example for other businesses to follow.
Human rights as a contribution to society, GEC TERNA Group places sustainable development at the forefront of all its activities, both within the organization and in the wider community.
Sustainable Development and Corporate Governance
Transparency and accountability in the Group’s operations, with a focus on compliance with international standards and best practices. As part of further enhancing sustainable development and continuous improvement to meet modern requirements, the 11th Sustainable Development Exhibition focuses on these key areas.
Corporate Sustainability Reporting Directive (CSRD)
The Group has conducted an analysis of Double Materiality for the first time, in accordance with the new European legislation Corporate Sustainability Reporting Directive (CSRD). This analysis was aimed at addressing the needs of the investment community and social partners.
Environmental Management
The Group has taken various actions to reduce its environmental footprint, focusing on energy conservation, waste management, and biodiversity protection. In 2023, the Group successfully participated in the international platform Carbon Disclosure Project (CDP) and received a B rating for its climate efforts.
Environmental Sustainability Report
For yet another year, our company has demonstrated a high level of transparency and completeness in the publication of its environmental data, as well as a significant commitment to climate change mitigation strategies. It is worth noting that, this year, 48% of the total electricity consumed by the Group came from renewable energy sources. Additionally, the Group conducted 140 internal inspections across all its facilities, maintaining continuous compliance with current legislation and internal policies.
Environmental Management Systems
Implementing effective environmental management systems is crucial for ensuring continuous improvement and evolution. By focusing on sustainability and reducing our carbon footprint, we can contribute to a greener future for generations to come.
Creating Social Value
Initiatives to strengthen social cohesion, support local communities, promote health and safety for workers, and enhance diversity and inclusion are key priorities. In 2023, our Group provided over 28,000 hours of training to employees on Health, Safety, and Sustainability topics. Additionally, for yet another year, GEC TERNA Group implemented various social responsibility projects with a strong sense of commitment.
Supporting Local Communities through Cultural, Educational, and Social Activities
Our organization is committed to supporting local communities through a series of cultural, educational, and social activities. Through active participation and tangible contributions, we emphasize our continuous commitment to creating sustainable and resilient societies.
In 2023, the total amount of investments in corporate social responsibility (CSR) activities reached 11.6 million euros, with 89.8% of our suppliers being domestic suppliers. This demonstrates our practical contribution to strengthening the national economy and supporting local businesses.
The benefits of using WordPress for website development
WordPress is a popular content management system that offers a wide range of benefits for website development. One of the main advantages of using WordPress is its user-friendly interface, which makes it easy for even beginners to create and manage websites. With a variety of themes and plugins available, WordPress allows for customization and flexibility in design.
Another benefit of using WordPress is its SEO-friendly features, which can help improve the visibility of your website in search engine results. WordPress also provides regular updates and security patches to ensure that your website is safe and up-to-date.
Overall, WordPress is a versatile and powerful platform that can be used for a variety of websites, from personal blogs to e-commerce sites. Its ease of use, customization options, and SEO benefits make it a popular choice for website development.