Since 2006, HELLENIC PETROLEUM Group has published an annual Corporate Responsibility & Sustainability Report, the objective of which is to improve communication and share information with the company’s social partners (stakeholders).
This year’s 10th annual edition presents the Group’s business performance, taking into account economic, environmental and social perspectives from 01.01.2014 to 31.12.2014.
Our corporate responsibility approach is aligned with the Group’s mission and values and articulates how we see our responsibilities in the areas of health and safety, ethical and transparent business practices, environmentally sustainable operations, good working environment and value creation for our shareholders.
This Report was prepared taking into account the G4 Global Reporting Initiative Guidelines (including Comprehensive Level independent assurance), the principles of the United Nations Global Compact (including Advanced Level independent assurance) and the GRI’s-G4 Oil & Gas Sector Disclosures (including independent assurance).
Our Group is committed towards implementing and promoting these two complementary initiatives, thereby ensuring for a consistent platform of values for the implementation of sustainable development policies in strategic and business practices.
All of the indicators, measurement units, quantities and sizes - referred to in the report - correspond to measurements and data, that have been recorded using the best available practices, internationally accepted standards and international oil industry codes.
No changes in measurement methods in relation to either previous reports or any revisions of information included in previous publications have been made.
Additionally, unless otherwise stated, no further limitations, exceptions, reviews or changes exist.
Readers of this Report may also find more comprehensive financial and operational information, concerning the Group, in the 2014 Annual Report, the Annual Financial Report for Fiscal Year 2014, as well as on the Group website.
The data of this Report is consolidated at a Group level, with minor exceptions in certain areas. Specific environmental indicators are presented in detail for each of the Group’s business units.
In terms of the selection of the Group’s companies that are included in this Report, we took into account (a) the list of companies included in the Group’s consolidated financial statement (see Annual Financial Report for Fiscal Year 2014, pages 137, 170-173) and (b) the relevant materiality assessment complemented with a set of selection criteria (such as participation and control, impacts and risks, sales, number of employees). The result is presented in Table1.1. Consequently the information and data contained in this Report refers only to these 10 companies within the Group.
Table 1.1: Group’s companies presented in the Report.
|| HELLENIC PETROLEUM S.A.
|| ΕΚΟ Α.Β.Ε.Ε.
|| HELLENIC FUELS S.A.
|| OKTA AD SKOPJE
|| ΗELLENIC PETROLEUM CYPRUS LTD
|| JUGOPETROL AD
|| EKO BULGARIA EAD
|| EKO SERBIA AD
|| DIAXON Α.Β.Ε.Ε.
|| ASPROFOS S.A.