Sustainable Development is the driving force through which Metlen aspires to remain competitive in the long term, to meet contemporary challenges and, by developing appropriate partnerships, to contribute to a new and efficient model of socially inclusive growth, as this is reflected in the Sustainable Development Goals.
For this reason, the Metlen's Sustainability strategy is based on three key pillars: Climate Change, ESG Approach and Corporate Responsibility.
The primary focus lies on Metlen's dedication to addressing climate change and contributing to a low-emission economy. In this vein, the company has formulated a strategy to combat climate change, guiding its efforts to cut carbon dioxide emissions in accordance with the Kyoto Protocol, the Paris Agreement on Climate Change (COP21), and Greece's National Plan, aligning with the European Green Deal. Metlen stands as the pioneering Greek industry to establish specific, measurable, and ambitious targets for reducing CO2 emissions by 2030 and 2050, prioritizing carbon footprint reduction in its new Sustainable Development Strategy.
Furthermore, the company's newly established Business Units, geared towards the dynamic advancement of sustainable development projects globally, are anticipated to play a pivotal role in the energy transition and worldwide reduction of greenhouse gas emissions over the upcoming critical decade. This positions Metlen to magnify its positive influence and emerge as a frontrunner in the global market within this domain.
The second-tier underscores Metlen’s methodical approach to documenting, efficiently managing, and transparently disclosing information pertaining to ESG (Environmental, Social, and Governance) risks and opportunities impacting its performance, alongside its endeavors to execute its strategy. By adopting an ESG framework, Metlen enhances its capacity to generate enduring value and navigate substantial shifts in its operational landscape. This proactive stance aligns with contemporary sustainability expectations from investors, capital markets, financial institutions, and society at large, which continue to escalate.
The third dimension showcases Metlen's conscientious operations, meticulously developed over the past 12 years through the integration of its Corporate Social Responsibility (CSR) initiatives and adherence to the 10 Principles of the UN Global Compact. For Metlen, CSR represents an ongoing journey of self-improvement and continual learning. It serves as a pivotal tool for reaffirming its "social license to operate" while simultaneously enhancing its competitiveness on both national and international stages.
