CSR AND THE GROUP

The Corporate Social Responsibility (CSR) emerges as a built-in mechanism in the everyday operation of our Group, as well as in its policies and business strategy.

The Group, using scheduled surveys of public opinion, looks into the results from the application of CSR programmes, in order to address our resources and activities towards the sectors that are most essential for the society and its people.

Within this framework, and for investments concerning the optimization of the facilities, the infrastructure or projects concerning the improvement of the environmental profile, the peoples’ opinion is taken in consideration. Moreover, by means of dialogue and other communication means, we consistently invest in the meaning and the applications of Sustainable Development, integrating the CSR principles in the business strategy and plan, not only because of ethical obligation but because they are closely coupled with the modern business practice.

This commitment is implemented through a large number of actions, which are addressed both to local communities, where the business activities are conducted, but also to the broader society both in Greece and abroad.

We plan and implement an extended Corporate Social Responsibility programme after setting the following targets:

  • Determine actions giving priority to local communities.
  • Preparation and implementation of long term Corporate Social Responsibility Programmes.
  • Encourage and empower human resources and improve workplace environment.
  • Voluntary commitment to initiatives, best practices, principles and codes which support the coupling between corporate strategy and sustainability; after planned looking into the issues that concern our stakeholders.

Based on the above, our main concerns are the support of the young generation, the comfort of socially vulnerable groups and the implementation of environmental investments to minimize the impact of our activities. We also care about sectors such as health, sports and culture.

Our Group, since its establishment, has supported initiatives and actions that promote the concept of Corporate Social Responsibility. Since 2005, HELLENIC PETROLEUM has been an active member of the Hellenic Network for CSR, a member of CSR Europe.

Since 2008, the Group is formally committed to integrate the 10 principles of the UN Global Compact (UNGC) into its corporate strategy and culture and to promote them within the sphere of its influence. This public commitment communicates the desire of the management, employees and the entire Group in the pursuit of sustainable development

HELLENIC PETROLEUM actively contributed to the establishment of the Council for Sustainable Development. This Council operates within the Hellenic Federation of Enterprises (SEV).

In 2015, €10.9 mil. was invested in environmental projects with a further €3.6 mil. invested in CSR activities.

One of our strategic objectives is the development, in the context of sustainability and responsibility, with an emphasis on the three main pillars: Society - Human – the Environment.

Extended information about our Group's CSR performance, strategy and activities is available at http://sustainabilityreport2015.helpe.gr/en.