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Hellenic Network for CSR (Marfin Egnatia Bank) - Paper-Recycling Program of Marfin Egnatia Bank

Added on 22-03-2013


Marfin Egnatia Bank


Hellenic Network for CSR



Business challenge

Marfin Egnatia Bank recognizes that Greece faces severe problems of migration and rising unemployment that has multiple effects in the society such as:

  • Social exclusion to mental / psychological problems racism because of the unemployment (illegal immigrants are working illegally and damping the salaries)
  • Increasing crime because of the unemployment in different parts of Athens.

The company integrates them to the society and to different structures.


The Company responded to this challenge through their paper-recycling program that is operated by the Bank in collaboration with a nonprofit organization named KLIMAKA and the NGO klimaxplus.

The aim of the program is to raise awareness of personnel to volunteer for the society and the environment and be aware of the growing social exclusion in Greece.

The KLIMAKA partnership was founded in order to help socially excluded teams such as the homeless, socially unprivileged individuals, drug addicts, immigrants, as well as disabled. One of KLIMAKA’s activities is the laboratory of recycling. The program enables socially excluded individual to collect the paper from the Bank with special needs individuals separating the variety of the paper. Finally they sell it to the market.

All branches of Marfin Egnatia Bank participate with 1170 employees and almost 40.000kg paper recycled / per year. The employees are supporting actively the Home for Homeless people (15 people).

KLIMAKA’s team visits all the branches and some administrative buildings in Attica and collects paper from specific points which have been designated from the beginning. On a monthly period, the Bank collects data which show the amount of the recycled paper. Therefore the NGO can create new jobs within the paper recycling project, and supports the House for Homeless people in the centre of Athens.


  • To accept people facing problems as equal and reliable partners of the company;
  • To give to the personnel the opportunity to communicate with social networks;
  • To help excluded people enter the production process and become useful members of the society;
  • To protect nature’s exploitation, of forests in particular-become activists in a way;
  • To enter the recycling procedure without making big efforts or wasting time.
  • An innovative solution can create a better outcome. However, sometimes it proves a secure way of creating efficient programs.

Challenges/Lessons learned:

  • Reduce the cost of recycling.
  • Practicing social policy enforces human awareness within the company.
  • Reducing unemployment through creating new job opportunities.
  • The project supports actively around 15 people.
  • Reduce criminality.
  • Protects human rights as well as the right of equal opportunities.
  • Support and trust excluded people.
  • Reduce paper waste.
  • Reduce the environmental prints.

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