Hellenic Petroleum Releases its 2021 Sustainability Report

 
 

Hellenic Petroleum has recently published its 2021 Sustainability Report.

The Report demonstrates HELPE Group’s performance on ESG matters, showcasing its robust commitment to Sustainable Development and its intention to create shared value.

Despite the numerous challenges brought about by the Covid-19 pandemic, in 2021 HELPE accelerated the implementation of its energy transition strategy with dedication, flexibility and determination.

The Group's holistic transformation is reflected in "Vision 2025", an ambitious plan that is fully aligned with the targets set by the European Union to phase out conventional fuels, develop new, cleaner forms of energy and reduce greenhouse gas emissions.

Taking into account ESG (Environmental, Social, Governance) criteria and modern energy challenges, the Group has prioritized 5 key pillars:

  • Setting clear environmental targets with the ultimate goal of climate neutrality for the Group in 2050.

  • Redefining the business strategy and capital allocation based on specific energy and environmental targets.

  • Establishing the optimal corporate structure in terms of efficiency.

  • Upgrading corporate governance.

  • Adopting a new corporate identity, which will reflect the new face of a modern, innovative, resilient, and extroverted Group.

The Group has placed green energy at the heart of its activities and is taking initiatives to address the climate crisis, demonstrating in a practical way that Sustainable Development is an integral part of its strategy.


The disclosure of non-financial information can be daunting, but CSR Europe can support your company in mastering its sustainability reporting.

Our Sustainability Report Review service includes:

  • A detailed examination and evaluation of your company’s CSR, ESG, Integrated and/or Sustainability Report against a set of principles that cover both format and content criteria based on the reporting frameworks of the Global Reporting Initiative (GRI) and the International Integrated Reporting Council (IIRC).

  • An analysis of the best performing areas as well as the areas in reporting practices that can be improved and/or enhanced is provided.

  • Tailor-made recommendations and suggestions that you can use to improve the most challenging areas in the company’s reporting exercise.

  • Exemplary best practices from other organisations to give you a more practical understanding of how a specific topic can be disclosed.

This service is aligned with the upcoming EU policy developments in relation to non-financial disclosure.

 

For more information:

Spyros Perikleous

Project Manager, Sustainability Management