PPC has achieved a score of 90 percent in the ESG Transparency Score in the ATHEX ESG index of ATHEX Group, following an extensive analysis of a series of criteria regarding the pillars Environment – Society – Governance.
In total, 52 metrics corresponding to 86 individual data points are evaluated, while for the evaluation of each sector, at least 55 data points are taken into consideration. Based on the aforementioned Guide, increased weighting is attributed to the existence of external assurance of the ESG information disclosed by each company, as well as the existence of internal systems and controls for ESG oversight and Sustainability Policy.
These topics are considered as particularly important during evaluation, as they demonstrate that the companies have a mechanism and procedures for managing ESG issues and enhancing the credibility of the data. In the same context, the publication of a Sustainability Report is positively evaluated as it is considered as a strong indication of the importance that a company places on ESG, and on communication with all stakeholders.
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 percent by 2026, compared to 2019, making energy generation greener while promoting the energy transition in Greece and in the wider SE Europe.
