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HELLENiQ ENERGY

Founded in 1998, HELLENiQ ENERGY (https://www.helleniqenergy.gr/en) is one of the leading energy groups in South East Europe, with presence in 6 countries and activities spanning across the energy value chain, namely: oil refining and fuel marketing, exploration and production, renewable energy sources, petrochemicals, power and gas.

Andreas Siamisiis, Chief Executive Officer

"Our main pursuit is to develop activities in a way that will improve the Group's environmental footprint by 50% by 2030"

In a particularly difficult period, in which the effects of the pandemic and developments in the international economy are intertwined, our main pursuit remains the development of activities in a way that will improve the Group's environmental footprint by 50% by 2030.

The HELLENIC PETROLEUM Group plans and implements its energy transition to cleaner forms of energy and defines its strategy in accordance with the international Sustainable Development Goals of the UN. This strategy focuses on three main axes:

1. Responsible Entrepreneurship for the benefit of society, the economy and the environment.
In the field of Energy and Climate Change, the Group's challenges are very important. We seek to achieve short-term and long-term goals that will improve energy performance and reduce greenhouse gas emissions, maximize recycling and reuse of their waste. Already in the last six years, we have achieved a reduction of up to 50% in basic gas emissions, in accordance with the international Sustainable Development Goals of the UN for Cleaner Energy.

2. Energy Transition and Digital Transformation
The implementation of the strategic plan, which includes the digital and energy transformation, is evolving and is a very important step towards the future for the Group. At the heart of these changes are the upgrading of energy and fuel production infrastructures, with the aim of increasing energy efficiency, reducing CO2 emissions and optimizing the products produced, such as the new low-sulphur marine fuels. The same strategy includes investments in the areas of Renewable Energy Sources and biofuels, the gradual substitution of crude oil with low-footprint raw materials, the research and development of technologies and applications with a low carbon footprint as well as the Group's initiatives in the field of electrification .

3. Contribution to Social Welfare
The priority at this time for our Group is to deal with the test of society due to COVID-19 and to meet its basic needs, since it has been facing many difficulties for several years. In these directions, despite the difficulties of the sector, we contribute by securing jobs, by creating added value for the Greek economy, but also by supporting the local communities in the areas where we operate.

As active members of the UN Global Compact (UNGC) we support and contribute to the dissemination of its Principles, while each of our strategic choices is linked to the 17 Sustainable Development Goals.


Andreas Siamisiis, Chief Executive Officer

Greek Sustainability Code

ESG Criteria Framework Implementation

Πρόκειται για ένα σαφές πλαίσιο ενσωμάτωσης και εφαρμογής των κριτηρίων ESG (Περιβάλλον, Κοινωνία & Διακυβέρνηση) από τους οργανισμούς για την υπεύθυνη λειτουργία τους, μετρώντας την οικονομική, κοινωνική και περιβαλλοντική τους επίδοση. Οι οργανισμοί δημοσιοποιούν την προσέγγιση και τις επιδόσεις τους στους άξονες της Στρατηγικής, της Διαχείρισης Διαδικασιών, του Περιβάλλοντος και της Κοινωνίας, περιγράφοντας τις πολιτικές και τις διαδικασίες που εφαρμόζουν, απαντώντας σε 20 κριτήρια Βιώσιμης Ανάπτυξης, με σκοπό την αυτοαξιολόγησή τους ως προς το επίπεδο ωριμότητας εφαρμογής των κριτηρίων ESG, τη βελτίωση της ποιότητας των δημοσιοποιήσεων και των επιδόσεών τους και την ανάπτυξη μιας ολιστικής προσέγγισης της βιωσιμότητας στην επιχειρηματική τους λειτουργία.

Ανάπτυξη Πρωτοβουλιών & Συμμετοχή στον Εθνικό Διάλογο για την Βιώσιμη Ανάπτυξη του θεσμού Bravo

Responsible Entrepreneurship

"Sustainable Development is the only way for the energy of the future in a climate neutral economy" Sustainable development for Hellenic Petroleum Group is a corporate commitment and is its approach to the proper management of natural resources for the production of energy and energy products. In this way, the Group considers that long-term value for all stakeholders is maximized and its so-called social license to operate is ensured.

The Group's strategy for Sustainable Development focuses on achieving high performance in all three pillars of sustainable development Society - Environment - Economy, within the highly demanding and competitive environment in which it operates.

Thus, he plans, develops and implements projects and actions with significant performance and contribution

• In Society, by increasing employment, creating added value in the Greek economy and contributing significantly to strengthening social cohesion with targeted and effective Corporate Social Responsibility programs.

• In the Environment, by reducing the environmental and carbon footprint through investments to reduce gas emissions, recover and reuse raw materials from waste, recycle-reuse water, increase energy efficiency, savings and renewable energy sources .

• In the Economy and in the creation of value with the implementation of high return on investments and the investigation of new technologies for energy production, operational and digital transformation and responsible procurement.

Sustainable Development continues to be the only path for the Group's evolution with a diversified and cleaner energy portfolio in a climate neutral economy.

Penelope Pagoni,

Group Health, Safety, Environment & Sustainable Development Director