Responsible Supply Chain

Sustainable development challenges

Responsible supply chain management is gradually being integrated into the regulatory framework at European and national level. Through due diligence processes, partnerships with supply chain members can ensure better risk management, exploitation of business opportunities and the transformation into a value chain capable of creating enhanced economic and social value.

Commitment

Creating a responsible supply chain based on ESG criteria and according to Suppliers & Business partners Code of Conduct.

Major risks

Lack of responsible practices in the Company's supply chain can be a source of various risks, such as: increased environmental impact, Health and Safety risks, human rights violations, risks related to ethics and compliance issues, with consequences for the reputation and credibility of MYTILINEOS as well as potential financial sanctions.

Management / Control practices

MYTILINEOS seeks to develop strong and long-term relationships of trust and mutual benefit with its suppliers and partners. The Company has as a priority to support its local communities, forging partnerships with local suppliers and contractors while at the same time, in the framework of its sustainable development strategy, it has started implementing special initiatives aimed at expanding responsible practices in its supply chain.

  • MYTILINEOS has created a dedicated "Suppliers & Business partners Code of Conduct" which includes the description of the minimum conditions / expectations of the Company from its supply chain, in matters related to responsible entrepreneurship and sustainable development while it is a basic condition of the commercial cooperation of the two parties. The Code is structured according to ESG criteria and in line with the Sustainable Development Goals.
  • The Company, to strengthen the level of information, maturity and integration of Sustainable Development in its supply chain, organizes annual cycles of training seminars, to its main suppliers in Greece, in collaboration with the CSR Hellas network, a member of the European organization CSR Europe.
  • In the context of the integration of ESG criteria in its supply chain, the Company has designed a dedicated supplier evaluation questionnaire, while integrating the process of evaluation of new and existing suppliers in all departments / procurement and supplies divisions of all its Business Sectors.

International reference standards

  • GRI Standards
  • UN Global Compact
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