MYTILINEOS Holdings Sustainability Report
2014
MYTILINEOS Holdings Sustainability Report
2014
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4. Compliance with the laws
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Strict and full application of the legislation is non-negotiable in connection with all issues. Failure to do so may result in
economic and other impacts and to significant damage to corporate reputation.
EPC Projects Sector:
Economic impact, through the avoidance of fines and litigations. Emphasis on maintaining harmonious relations with the
competent authorities.
Energy Sector:
Impacts on the capacity to secure the orderly operation of the company.
5. Bolstering employment
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Because of the size of ALUMINIUM OF GREECE and the high unemployment rate in the country, employment is one of the
most important issues, with enormous social impact.
EPC Projects Sector:
Impacts on the support and development of the local community, the creation of jobs and the training of employees in other
countries in modern practices.
Energy Sector:
Impacts on the support to local communities through the contribution of the PROTERGIA in reducing unemployment, as well as on the
establishment of its reputation.
6. Management – Employee relations
7. Actions to strengthen transparency
Elements determining the materiality of the issue outside the Group
EPC Projects Sector: I
mpacts on the actions to strengthen transparency and on the ties of METKA S.A. with its Stakeholders and particularly with its
supply chain.
Energy Sector:
Impacts on PROTERGIA's relations with all its Stakeholder Groups.
8. Management of solid and liquid waste
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Economic impacts, mainly from bauxite waste management. Increased interest from the local community and the wider
region.
EPC Projects Sector:
Impacts on the prevention of soil and water pollution.
9. Customer satisfaction
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Impacts on the financial results, sustainability and enhancement of the reputation of ALUMINIUM OF GREECE.
EPC Projects Sector:
Impacts on the further development and promotion of a customer -centred business culture and on METKA’s self-evaluation and
improvement procedures.
Energy Sector:
Impacts on the understanding of consumer needs and wants, as well as on the efforts to build lasting relations with customers.
10. Energy consumption
Elements determining the materiality of the issue outside the Group
EPC Projects Sector:
Impacts on the efforts to address Climate Change and to reduce the use of natural resources.
Energy Sector:
Economic and Production Impact: With regard to direct energy consumption, the responsible management of natural gas is directly
linked to the production process, as natural gas is the primary fuel for the electricity production process. Significant impact for the company’s
profitability, as well as for the customer (the Independent Power Transmission Operator - ADMIE), who is the recipient of the product. With regard to
indirect energy consumption, the impact is limited and concerns the company's operating costs.
11. Work conditions
12. Training and Development
of employees
13.Responsible Communication &
Marketing
Elements determining the materiality of the issue outside the Group
All Group activity sectors:
Impacts on the image and credibility of each ccompany. Indirect impacts on the acceptance of all Group subsidiaries by their
local communities and other Stakeholders groups.
14. Management of raw& other materials
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Impacts on customers’ protection (ensuring product quality) and the rational management of natural resources. Impacts
on the reduction of the company's environmental footprint and the acceptance of its operation by the local communities.
15. Support of local communities
Elements determining the materiality of the issue outside the Group
All Group activity sectors:
Impacts on the improvement of living conditions and quality of life in the local communities, as well as on the actions to
strengthen relations with them, to alleviate problems that become more acute due to the economic crisis and to respect the needs of local communities
affected by the activity of each Group subsidiary.
Materiality Issues
Impact
within the Group
Impact
outside the Group
The boundaries of MYTILINEOS Group are defined by the respective boundaries of operation of its
subsidiaries and their business units.
16. Management of suppliers
Elements determining the materiality of the issue outside the Group
All Group activity sectors:
Overall impact on the improvement of relations with the supply chain actors. Impact on the compliance of supply chain
actors with specific criteria regarding sustainability risks prevention, to be taken into account in the supplier selection process in each Group subsidiary.
Impact on the efforts to build proper relations with suppliers, which will lead to fair and competitive prices and improved service quality.
17. Promoting equal opportunities
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Impacts on the overall image of ALUMINIUM OF GREECE, as well as on the low number of employed women, which is
mainly due to the nature of the company's activity.
EPC Projects Sector:
Impacts on the provision of equal opportunities in connection with the recruitment and advancement of employees, especially
in foreign countries where the company is present.
Energy:
Impacts on the recruitment process, by ensuring equal opportunities for all candidate employees, contributing to the support of local
communities and to the establishment of PROTERGIA’s reputation.
18. Product Quality & Safety
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Impacts on the corporate image of ALUMINIUM OF GREECE.
EPC Projects Sector:
Impacts on the corporate image and market position of METKA S.A., through the avoidance of sanctions/fines for related
violations.
Energy Sector:
Impacts on the corporate reputation of PROTERGIA and on the assurance of product quality criteria.
19. Management of spills in the soil and
in water
Elements determining the materiality of the issue outside the Group
All Group activity sectors:
Impacts on the corporate image of the subsidiaries and on the policy on the prevention of soil and water pollution.
20. Child Labour
Elements determining the materiality of the issue outside the Group
EPC Projects Sector:
Impacts on the corporate reputation of METKA S.A. and on the efforts to enhance the protection of Human Rights, mainly in
foreign countries where the company is present.
Energy Sector:
Impacts on the company's reputation, through its participation in efforts to eliminate Human Rights violations involving child labour;
positive impact on society.
21. Forced Labour.
Elements determining the materiality of the issue outside the Group
EPC Projects Sector:
Impacts on the corporate reputation of METKA S.A. and on the efforts to enhance the protection of Human Rights, mainly in
foreign countries where the company is present.
Energy Sector:
Impacts on the company's reputation, through its participation in efforts to eliminate Human Rights violations involving forced labour.
Enhanced positive impact on society.
22. Greenhouse gas emissions
Elements determining the materiality of the issue outside the Group
EPC Projects Sector:
Impacts on the contribution to the efforts to address climate change and to reduce the overall environmental footprint of METKA S.A.
Metallurgy & Mining Sector:
Impacts on the environmental footprint of ALUMINIUM OF GREECE, as well as on the company's image and the acceptance
of its activity by the local communities.
23. Employee satisfaction
24. Water consumption
Elements determining the materiality of the issue outside the Group
Metallurgy & Mining Sector:
Impacts on the environmental footprint of ALUMINIUM OF GREECE (land, sea, air, underground water masses in the plant's
wider area), as well as on the company's image and the acceptance of its role by the local communities.
The issues shown in the Materiality Issues Table which are not covered in the Sustainability Report, are the following:
25 Evaluation of suppliers using criteria relating to environmental practices
26 Evaluation of suppliers using criteria relating to labour practices
27 Management of biodiversity
28 Freedom of Association
29 Corporate volunteerism
30 Collaboration with volunteer organisations and NGOs
Information on issues 27 & 28 is given in the GRI-G4 Disclosures table, available from:
disclosure-table-2014
Materiality Issues
Impact
within the Group
Impact
outside the Group
The boundaries of MYTILINEOS Group are defined by the respective boundaries of operation of its
subsidiaries and their business units.
(G4-19)
(G4-20)
(G4-21)
(G4-19)
(G4-20)
(G4-21)
