PPC was included in the FTSE4Good Index Series, following an assessment conducted by FTSE Russell, a global index and data provider owned by London Stock Exchange Group. PPC, with its inclusion in the FTSE4Good, stands among globally leading companies with significant performance in Environmental, Social, and Governance (ESG) issues.
In particular, PPC was rated on matters related to Society and Corporate Governance, outperforming industry average. Regarding the Environmental pillar, PPC’s rating was aligned with Utilities industry average score. Finally, PPC’s overall score recorded a significant increase compared to last year, as a result of the company’s improved evaluation with regard to ESG pillars.
The FTSE4Good Index Series has been developed by FTSE Russell in order to benchmark the performance of companies that demonstrate strong environmental and social practices, as well as governance practices in alignment with internationally recognized standards. FTSE Russell has created many indices for various asset classes, which have been widely recognised by the global investor community.
PPC’s positive evaluation and its inclusion in the FTSE4Good further confirms ESG strategy established by the PPC Group.
PPC Group: “green” vision and ESG strategy for a sustainable future for all
PPC Group advances toward “green” transformation into an economically and environmentally sustainable, modern and digital organisation, with a view to maintaining a leading position in renewable energy sources in Greece, as well as to further establishing itself in Southeastern Europe, fully committed to maintaining its role as a valuable social partner in the markets where it operates.
In this context, it makes its best endeavours to ensure that the energy needs of the countries where it operates, are met, by providing green, reliable and affordable services.
Specifically, PPC Group, with a view to achieving ‘Net Zero’ greenhouse gas emissions by 2040, is shifting to RES with investments amounting to €9 billion for the period 2024-2026, mainly focusing on green energy portfolio growth and grid enhancement in Greece, and Southeastern Europe. Through these investments, PPC Group aims to reduce direct CO2 emissions by 75% by 2026, compared to 2019, making energy generation greener while promoting the energy transition in Greece and in the wider SE Europe.
At the same time, PPC places particular emphasis on environmental protection and conservation of natural resources, as well as the protection of human rights in the areas of its operations.
PPC Group’s goal is to create value for the economy and improve its positive footprint on society, always taking into account the needs of all stakeholders, shareholders, employees, customers, suppliers and the society as a whole.
