As Sustainable Development is an integral part of the Group’s strategy,  all of its business activities are in line with the commitments made on being a socially responsible enterprise, an approach that is reflected in the overall corporate responsibility policy pursued over the last decade.

Every effort is made to minimize environmental impacts, in order to create a safe, healthy and good working environment, protect human rights and create development conditions to meet the current needs of society without compromising future generations.

In the context of implementing this policy, the Group:

•     Uses methods and practices that are economically, environmentally and socially responsible in order to address the growing demand for energy.

•     Implements procedures for saving natural resources & energy, reducing energy emissions and properly managing waste.

•    Adopts the strictest European and international standards and the best available techniques for environmental protection.

•     Places a special emphasis on occupational health and safety and applies modern forms of training for all staff.

•     Implements programs and good practices to support society.

Based on the principle of transparency and its commitment to continuously updating its stakeholders, the Group prepares an annual Sustainable Development & Corporate Social Responsibility Report according to international standards. Since 2007, the Group has adopted and contributes to the diffusion of the 10 Principles of the Global Compact of the United Nations (UNGC), for

a)         Protecting human rights and respecting labour rights

b)         Protecting the environment and adopting technologies friendly to it

c)         Eliminating discrimination

d)        Fighting against corruption

and issues the Annual Communication of Progress Report (COP).

The Group commits to as well as implements the 17 Sustainable Development Objectives as set out by the Global Reporting Initiative, GRI-G4 Comprehensive level, including the Oil and Gas Sector Supplement. The reliability of the data and information provided is certified by a third party independent body and is posted on the UN Global Compact website.

Finally, the group, in 2015, adopted the Greek Sustainability Code and its’ 20 criteria, which respond to the need for measuring the organizations’ economic-environmental and social impact.