Actual positive impacts
The provision of an equal opportunities working environment is a core practice of MYTILINEOS as set out in the Company's "Human Rights Policy" and is associated with medium and long-term positive effects, such as the absence of recorded incidents of discrimination, the strengthening of corporate culture with elements of diversity and equality and the adoption of meritocracy and equal treatment in the selection of personnel regardless of their specific characteristics.
Potential negative impacts
The Company's potentially limited contribution to the mitigation of inequalities, mainly related to gender equality, equal pay, education, and training, as well as the provision of opportunities for the development and growth of human resources, may have short and medium-term impacts on the morale, productivity, and retention of employees, as well as on the Company's reputation as a responsible employer.
The risks include inequalities mainly in the provision of pay, education and training, as well as in the provision of opportunities for the development and growth of human resources. Such risks may have an impact on employee morale and productivity, while inequalities in the provision of remuneration may hinder the retention of talented and skilled employees, burdening the Company with increased costs for their replacement, while it may also jeopardise the Company's reputation as a responsible employer.