Welcome to the 17th Sustainability & Corporate Responsibility Report of the HELLENIC PETROLEUM Group, which presents the Group’s performance in environmental, social and corporate governance (ESG) topics for the period from 01.01.2021 to 31.12.2021.
Since 2005, the HELLENIC PETROLEUM Group has been publishing an annual Sustainability & Corporate Responsibility Report, with the aim of better informing and communicating with its stakeholders.
Our approach is aligned with the Group’s mission and values, and reflects the responsible way in which we treat the health and safety of our employees and the wider society, the ethical and transparent business practices, the environmentally sustainable operations, the working environment and the value creation for our stakeholders.
The data stated in the Report are consolidated at Group level, with minor exceptions in certain areas, as stated in the respective parts of the Report. In selecting the Group’s companies included in this Report, the following were taken into account:
More specifically, the information and data included in the present Report refer to the following companies:
For the purpose of compiling this Report, the following have been applied:
Also, the Group utilises the updated ATHEX “ESG Reporting Guide” (Core, Advanced metrics & Sector-specific metrics) published in 2022, seeking to achieve a more effective communication with investors through high-quality and comparable data. Lastly, it reports its data taking into account the 20 criteria of the Greek Sustainability Code (Level A), developed in the framework of the “Sustainable Companies in Greece” Initiative.
The reference tables of the standards followed (GRI, UNGC, ATHEX ESG Guide and the Greek Sustainability Code) are presented in Annexes I, II, III and IV of the Report, as well as in more detail on the dedicated website. Other useful information and financial data about the Group are presented in the 2021 Annual Report, the Annual Financial Report for Fiscal Year 2021, and the Group’s website.
All indices, units of measurement, quantities and metrics stated in the Report correspond to measurements and data recorded in accordance with the best available practices, internationally accepted standards and international codes pertaining to the oil and gas industry. There are no differences in measurement methods compared with previous versions. There are no other restrictions, exceptions or changes, unless otherwise stated in the text.
To ensure accuracy, completeness and reliability, this Report was audited and verified – as a whole and for each separate material topic – by an independent, external certification body prior to its publication. The verification Report can be found in Appendix V of the present Report. The independent body that reviewed the Report certified the “in accordance with” level, as per the requirements of the 2021 GRI Standards, and the fulfilment of the GRI 11 Oil & Gas Sector Standards. Furthermore, the accuracy of the data is ensured through internal validation, audit processes and annual inspections by accredited certification bodies. These inspections and audits ensure that the data presented in the Report are reliable, appropriately balanced and in accordance with the specified reporting standards.