Despite the difficulties, 2020 was a year of significant agreements and initiatives, fully aligned
with international developments in ESG issues
2020 was a year marked by many economic, political, and social challenges, with the unprecedented global health crisis at the centre of all. These challenges could not but also affect the ELLAKTOR Group, testing our readiness and resistance in extraordinary circumstances with significant consequences, both at a human and a business level.
From the very first moment, the Group's priority and commitment was the protection of its employees and partners. In this context, all foreseeable health safety measures were put in place, in accordance with the recommendations of the competent authorities, while all procedures for the facilitation of remote working were accelerated. At the same time, business continuity plans of all subsidiaries were adapted and immediately imple- mented, to ensure that projects and activities continued running smoothly and safely, both for the employees themselves and for the general public.
As an ally of the State and the competent authorities with regard to the management of the pandemic, the Group transitioned its commitment on a national scale and provided the NIMTS hospital with free waste management services and also supported the National Health System with donations of necessary hospital equipment.
Despite the difficulties, 2020 was a year of significant agreements and initiatives for the Group as a whole. Our initiatives were fully aligned with international developments in ESG issues, based on the Group's new Sustainable Development strategy, creating even more opportunities.
Regarding regulatory compliance issues, in 2020, a third party verified that all of the Group's activities follow the ISO 19600 guidelines. This validation confirms that, in its day-to-day operation, the Group complies with both legislation as well as its Code of Conduct and internal Policies.
With regard to human resources, utilizing the results of the employee engagement survey, in 2020 a series of actions were launched, that aimed to introduce and implement a new way of managing the Group's resources, ensuring their continuous growth and development. In addition, the Group's new Human Rights Policy, established in early 2021, will effectively safeguard the rights of the Group's employees, suppliers, partners and sub- contractors, as well as the local communities in which the company operates.
With respect to occupational health and safety, a number of targeted actions are planned and implemented in order to eliminate the risk of accidents in the Group's projects and activities, while at the same time tools were developed to continuously monitor our health and safety per- formance.
In the Renewable Energy Sources (RES) segment, 2020 was marked by the strategic cooperation with EDPR, for the joint development of RES power plants, with a total capacity of up to 900 MW. Through these projects the Group aims to increase the availability and reliability of renewable energy sources, to play an essential role in the energy transition, to support the decarbonisation of power generation towards ensuring access to clean and cheap energy for all.
In 2020, our Group generated a total of 1,250 GWh of electricity from RES, 5 times more than the 248 GWh of energy consumed for its operation, while also ensured the prevention of 2,035 thousand tons of CO2 eq. emissions from being released into the atmosphere.
The Group's contribution to the transition to a Circular Economy and the reduction of solid waste disposed in landfills is also significant. In 2020, the Group treated more than 886 thousand tons of third-party waste in its plants, while managing 1,015 thousand tons of waste from public and private construction projects undertaken.
In the context of social contribution, in 2020, the Group continued supporting the local communities in the areas where it operates, emphasizing on improving local infrastructure and the citizens' quality of life, with investments that reached €4 million.
The next decade is full of challenges both in the internal and the external environment. The return to operating profitably requires dedication and vigilance from all. The challenge of digital transformation and the strengthening of innovation initiatives are our highest priority. The challenge of climate change and the European Green Deal have been integrated into our Roadmap for 2020- 2025-2030, which is in the process of being finalised and will help us adapt and transform our operations in line with the conditions of the new era unfolding before us. At the same time, the Recovery Fund creates a favourable macro-economic environment for our country and our industry, in which we aim to regain a leading position.
The present report contains information about all actions implemented in 2020 within the Group and its companies, aiming at protecting and improving our operation, along with all actions planned to be launched and implemented in the near future. The Report was drafted in accordance with the guidelines of the Global Reporting Initiative (GRI), the Athens Stock Exchange ESG Reporting Guide, the Global Compact principles and the guidelines of the Sustainability Accounting Standards Board (SASB), while it was subject to third party validation for the first time.
On behalf of the Board of Directors of ELLAKTOR Group
Chairman of the BoD
Chief Executive Officer
AT A GLANCE
€ 892,293 thousand
€ 30,133 thousand
of net sales from sustainable products and services
€ 195.6 mil.
79.9mil. vehicles crossings
€ 1.8bil. backlog
on Attiki Odos and Morea
Smart Park visitors
60% of the Group's turnover comes from certified
companies in accordance with ISO 14001:2015
and ISO 45001:2018
of energy consumed
of the Group's waste was utilised and did not end up
in a landfill
€ 3,971 thousand
invested in the local
of supplies procured from domestic suppliers
886thousand tn of third-party waste under management in Environment Segment's facilities
of waste was utilised through processes of reuse, recycling, etc.
27 wind farms
539MW capacity from
4 biogas exploitation
generation from RES
Note: The data refers to activity in Greece, Germany, Cyprus, Qatar, Romania and Jordan except for the financial data which refers to the total activity of the Group.
Update of the business model
Development of a new tool for monitoring and recording sustainability (ESG) KPIs
Analysis of material topics with the first-time engagement of stakeholder representatives
1.1 GROUP PRESENTATION
ELLAKTOR Group is the largest infrastructure group in Greece and one of the leading in Southeastern Europe, with international presence, 7,2451 employees and a turnover of € 892.3 million (Group financial results 2020). It consists of more than 100 subsidiaries, more than 15 affiliated companies and approximately 130 joint ventures.
21 years after the triple merger of Elliniki Technodomiki, AKTOR and TEV, which led to the creation of ELLAKTOR, the Group is redefined by setting modern corporate governance as a cornerstone and by giving priority to enhancing Group operations, to reorganising its capital structure and to further capitalising on synergies, in order to provide increased added value to its shareholders, its employees and the Greek economy.
With 70 years of experience and operations in 27 countries , ELLAKTOR Group brought life into projects that accelerate growth and improve the quality of life in communities across the world.
1 Including employees and hourly-paid employees in ELLAKTOR Group companies, as well as joint ventures, in Greece, Germany, Jordan, Qatar, Cyprus and Romania, in which the Group has a majority stake and/or has the management.
€ 892.3 mil. turnover
More than 100 subsidiaries
More than 15 affiliated companies
Approximately 130 joint ventures
27 countries & 4 continents
International Presence of ELLAKTOR Group
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