ELLAKTOR S.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2019🗂️ Report periods on file: 2019

In its 2019 reporting, ELLAKTOR S.A. disclosed greenhouse gas emissions of 73.2K tCO2e/year. By scope: Scope 1: 29.3K tCO2e/year; Scope 2: 43.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
73.2K tCO2e/year
2019
💧
Water Usage
935.8K m3/year
2019
♻️
Waste
429.0K tons/year
2019
⚙️
Energy Use
179.7K MWh/year
2019

📊 Emissions by Scope (2019)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).29.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.43.9K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Develop a three-year plan including measurable improvement targets and sustainable development initiatives per segment
  • Develop and implement a central management system for policies and procedures
  • Conduct a stakeholder engagement survey
  • Develop and implement an annual stakeholder engagement plan
  • Align the Group’s Compliance System with the guidelines of ISO 19600:2014

📅 Medium-term

  • Develop and implement an anti-bribery management system and obtain certification in accordance with ISO 37001:2016 for all of the Group’s main companies
  • Perform training for 100% of the Group’s employees on regulatory compliance issues
  • Implement initiatives for the adoption of a uniform Group culture and values
  • Create and implement an Employer Branding action plan
  • Implement Employee Engagement Survey every two years

🌱 ESG Focus Areas

Creation and distribution of economic valueCreating high-quality employment opportunitiesSafeguarding occupational health, safety and wellbeing of employeesSafeguarding regulatory compliance and business ethicsReinforcement of innovation and digital transformationEnsuring business continuity and emergency preparednessContribution in the increase of renewable/alternative energy sources availability and reliabilityProvision of employee training, evaluation and developmentSafeguarding human rights at workSafeguarding health, safety and wellbeing of end usersContinuous improvement of community relationsMinimisation of waste and increase of circular economy practicesContribution in the improvement of urban and built environmentImprovement of resources and materials efficiencyReduction of non-renewable energy consumption and increase of energy efficiencyReduction of water consumption and effluentsImprovement of the social and environmental impacts of suppliers and partnersProtection and preservation of biodiversityContribution in the increase of ESG financingIdentification of financial implications due to sustainability issuesMinimisation of noise

⚠️ Challenges & Risks +

  • Fatal accident involving an AKTOR employee in 2019
  • Delays in the award of tender projects in the Construction segment
  • Limited invitations to tender for new projects in Greece
  • Strong domestic competition and increased costs of borrowing in the Construction segment
  • Reduced vehicle traffic flows affecting project revenues in the Concessions segment due to the COVID-19 pandemic
  • Potential delays in the scheduled design of essential domestic waste management infrastructure in the Environment segment
  • Uncertainty caused by the financial crisis in Greece and developments in the domestic electricity market in the RES segment
  • Complex bureaucratic licensing procedures governing the development and operation of new RES projects
  • Liquidity problems facing the primary public sector company in the electricity sector in the RES segment
  • Covid-19 pandemic negatively affecting the ability of AKTOR to implement existing projects and contract new ones

📋 Report Information

Reporting Period: 2019
Frameworks: GRI, UN Global Compact, Athens Stock Exchange ESG Reporting Guide