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This section provides a brief overview of the approach of our subsidiaries or of the initiatives that they have taken
in response to the requests made by their Stakeholders during the consultations (Dialogue Forum events) held in
2011. Relevant details are for ALUMINIUM S.A. and METKA S.A., as in the case of PROTERGIA S.A. no requests were
made requiring the company to respond with specific actions.
Response by the Group’s subsidiaries to the key issues raised in the Consultations held in 2011
Key Stakeholder expectations
Company Response
DIALOGUE FORUM 2011
On our Website :
- Our approach to the dialogue with our basic Stakeholder Groups
- The procedure for the definition of our key Stakeholder group
- The issues raised during the consultation process with our key Stakeholder Groups
Stakeholder Groups:
Local Communities
-
The wish was expressed for the company to show greater trust to suppliers from the local com-
munities.
-
The Viotia Chamber of Commerce proposed a new meeting to be arranged with the company
for the presentation of its proposals under a systematic joint effort to address CSR-related issues.
-
The representative of the Regional Administration expressed a demand for the company to in-
crease its social product.
-
The collaboration of the Region with the company was proposed, using as leverage the data which
the former can supply and the latter can use in its initiatives to support and provide relief to vul-
nerable social groups.
During 2012, the company continued to support its local sup-
pliers.
The Company's financial assistance to social bodies and soci-
eties was maintained at 2011 levels. The exceptionally adverse
economic conditions during 2012 did not allow the compa-
ny to increase its social product. However, its financial support
of vulnerable social groups through various foundations re-
mained substantial.
Stakeholder Groups:
Employees
-
Expect the company to maintain jobs in the current difficult period of financial crisis.
-
The issue of the threats made by contractors about salary reductions was raised; it was point-
ed out that the company can play a part in this, as contractors are its direct partners.
-
Particular emphasis was placed on the need for a more active contribution by the company
in helping address issues faced by employees (more help and increased sensitivity).
-
The need was pointed out for more investments in the company’s facilities, because of their
age.
During 2012, a three-year bilateral company-level agreement
was signed by the Management and the employees.
The jobs were maintained.
Facilities are improved through the necessary investments as well
as through adequate maintenance. A significant investment
made involved the substitution of fuel oil with natural gas as
combustion fuel. This investment has been fully completed in
the Alumina processing plant, and its completion in the
Aluminium plant is expected during 2013.
Stakeholder Groups:
Press & Media
-
The employees’ concern for the future of their jobs and for the well-being of their families was
stressed.
-
It was stressed how important it is for the company to be willing to follow closely developments
in the local communities where its operations are located. Particular emphasis was given to cul-
ture, with the expectation than the company will continue to support it.
The support of cultural activities was continued. ALUMINIUM
S.A. was the exclusive sponsor of the publication of the two
biannual issues of the literary magazine "Emvolimon" and of
the events held at the magazine's lounge.
The Company continued to support the local cultural societies
and their events, by making available premises (halls), equip-
ment and other materials, providing accommodation etc.
Stakeholder Groups:
Local Authorities
-
Proposal for active participation of the Municipality in the company’s dialogue with its Stakeholders,
with time requested for a more detailed presentation of local problems.
-
Proposal for innovative actions to protect the environment, always combined with actions aimed
at sensitising citizens, and invitation to participate in a dialogue on the environmental propos-
als of the Municipality of Livadia.
-
It was observed that, despite the company’s significant activities in the CSR domain, no budget
was presented on its social contribution.
-
Complaints were relayed from agricultural cooperatives for dust deposits on cultivations.
During the Dialogue Forum 2012, time was allocated for the
presentation of local problems by the Municipalities, in response
to their request.
The Company remains open to dialogue and collaborations,
and will examine all proposals which could help further improve
issues relating to the protection of the environment.
Data (both quantitative and qualitative) on the company’s so-
cial contribution are presented annually as part of the Group’s
Sustainability Report.
