56
57
MYTILINEOS HOLDINGS - SUSTAINABILITY REPORT
2016
9.2 CSR Governance
G4-36
The management of the issues related to responsible
entrepreneurship is a responsibility shared by all senior and
top Management Executives of MYTILINEOS Group and covers
all policies adopted and all actions taken in order to fulfil the
expectations of Stakeholders, over and above the Group’s legal
and regulatory obligations. The integration of this system into
the organisational structure of MYTILINEOS Group relies on a
uniform set of procedures and on a specific reporting hierarchy,
designed to overcome any obstacles which might result from the
particular characteristics of each one of the Group’s individual
activity sectors.
GROUP CSR COMMITTEE
The CSR Committee of MYTILINEOS HOLDINGS S.A. includes the Group Chairman among its
members and is primarily responsible for supervising and ensuring the correct implementation of
the CSR Governance in MYTILINEOS HOLDINGS S.A. in terms of policies, targets, actions and results
in connection with environmental, social and ethical issues. The Committee reviews and approves
the material issues that determine the structure of the annual Sustainability Report.
G4-48
It may
also act in the capacity of advisor to the Group’s Executive Management and to the relevant Board
Committees on the above issues, to assist in their implementation in a more complete manner.
Objectives of the
CSR Governance system
a) To highlight the scope
and breadth of the relevant
concepts, with the ultimate
goal of preventing business,
social and environmental risks
(b) To identify and implement
policies and initiatives that
will substantially contribute to
Sustainable Development and
(c) To balance the economic,
social and environmental
implications of the Group's
activities, while generating
value for the shareholders and
all other Stakeholder groups
in general.
GROUP LEGAL & REGULATORY MATTERS DIVISION
In addition to its other main responsibilities, it plays a key role in the formulation of the Company's
environmental strategy. It is informed of the latest developments in the European environmental
regulations and proposes ways for ensuring the alignment of the Corporate Strategy. It works closely
with the Group's activity sectors and the competent Executives on all Environmental Strategy matters
arising.
ACTIVITY SECTORS
The managers in the Group’s various activity sectors are actively involved in the management of
social and environmental issues, providing the respective CSR teams of their sector with the
necessary directions and ensuring that the Key Performance Indicators (KPIs) are in line with the
Group’s strategic goals.
CSR TEAMS
The individual CSR teams of the Group's activity sectors operate within specific and clearly defined
duties and obligations, to implement the central strategic goals and policies of the Group, as well as
the CSR programmes at the level of the individual subsidiaries.
GROUP COMMUNICATION DEPARTMENT
With its crucial coordinating role, the Group Communication Department is responsible for providing
support to all subsidiaries, to ensure compliance with the relevant standards and goals of the Group's
parent Company, MYTILINEOS HOLDINGS S.A.
ESTABLISHED STAKEHOLDER CONSULTATION PROCESS
The process of Consultationwith Stakeholders is a long-established principle of the Group responsible
operation, contributing to greater transparency and to the further improvement of the CSR strategy
and initiatives of its subsidiaries.
G4-45
COMPANY CODES
G4-56
Key to the governance of CSR is the compliance with the Code of Business Conduct, which covers
the general principles and rules that must govern the Management’s commitment towards the
employees and the professional conduct of all people working in the Companies of the MYTILINEOS
Group. Furthermore, the compliance with the newly-introduced «Code of Conduct for Suppliers and
Business Partners», which describes the minimum requirements/expectations of MYTILINEOS
HOLDINGS S.A. from its supply chain actors regarding CSR-related issues as a prerequisite for the
commercial cooperation between the two sides, is equally important.
MYTILINEOS Group
CSR Governance Structures
CSR Governance system
FULL NAME
STATUS
Christos S. Zerefos
Chairman - Independent, Non-Executive Member
Evangelos G. Mytilineos
Board Chairman.
Sofia G. Daskalaki
Non-Executive Member.
Spyros Kasdas
Chairman of ALUMINIUM of GREECE
Fotios Spyrakos
Chief Executive Director – Group Administration
Vivian Bouzali
Director - Group Communication
Lydia Tsapara*
Head of METKA’s Legal Department
MEETING DATE
AGENDA
29.01.2016
Presented, discussed and approved: the CSR Report for 2015, the Group’s
CSR Action Plan for 2016 and the innovations of the Group’s new Social
Contribution programme titled “IN PRACTICE”.
24.10.2016
Presented, discussed and approved: The new Code of Business Conduct
of MYTILINEOS Group, the suggested framework for the application of
Corporate Volunteerism and the review of the actions taken under the 2016
Action Plan.
Composition of CSR Committee
*Ms Lydia Tsapara remained a CSR Committee member until 27/10/16, at which point she left the Group.
The CSR Committee is composed of two non-executive Board members of MYTILINEOS HOLDINGS S.A. and five members being
Company Executives.
The Corporate Social Responsibility Committee convened twice in 2016. The main topics of those meetings are presented in the
following table:
9.3 Risk Management & Internal Control
G4-14
By operating in three basic business sectors, Metallurgy and Mines, Energy and EPC Projects (EPC), the MYTILINEOS Group is faced
with a number of different risk factors. Apart from the risk factors that are presented, in detail, in the Group’s Annual Report, the
following ones constitute the basic risk factors that could significantly influence the results, the financial status and the overall Group’s
path towards to sustainable development.
