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Sustainability and ESG at the core of EYDAP values

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Sustainability and ESG at the core of EYDAP values

Sustainability and ESG at the core of EYDAP-1 values

It is now a global priority in the business world to support and implement ESG criteria related to environmental protection, community support, and corporate governance. The ESG criteria reflect the company’s ability to create value and formulate strategies in the long term, taking into account the management of future risks and combining the human factor with technology. Integrating ESG metrics into a company’s operations is of strategic importance as it enhances the prestige and value of the company.

Every company must define, prioritize and disclose its ESG performance and explain how it affects its performance. Thus, investors can use this information to determine how sustainable this company is and whether it will be able to realize its strategic actions in the long term.

In the context of a sustainable development strategy, EYDAP aligns perfectly with the goals of ESG, which it transforms into a daily corporate reality, with actions aimed at protecting the environment, empowering society and strengthening corporate governance. The main component of the EYDAP development course is harmonization with the goals of sustainable development.

EYDAP’s strategic priorities emphasize sustainable water management and environmental protection, while emphasizing targeted actions to improve performance, use human resources, support society and serve the public interest.

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Archive EYDAP KEL Psittalia

Thus, the dynamic triptych of the Company’s strategic priorities:

  • Safety at work
  • Efficiency in operation
  • Development for society

In the field of environmental protection, the most important strategic task is the steady reduction of the carbon footprint. Already between 2014 and 2021, Psittalia’s facilities have achieved a 55% reduction in carbon dioxide emissions.

The Company’s commitment also lies in energy conservation, the application of the principles of the circular economy and the uninterrupted supply of high quality water to citizens.

Regarding the foundation of the circular economy, the Company is facilitating a significant number of water supply and sanitation projects that are part of the NSRP 2014-2020. Typical are drainage projects in the municipalities of East Attica, which will allow the use of recycled water for irrigation and suburban needs. During 2021, many of the projects of its investment program regarding wastewater disposal projects in East Attica were implemented.

At the same time, projects such as the modernization and optimization of network management and monitoring were launched. EYDAP, as the largest water supply and sewerage company in Greece, consistently, responsibly and delicately provides the served population of Attica with excellent quality water, combined with modern and uninterrupted wastewater and biological treatment services.

Combined with the aforementioned environmental actions and with sustainable development as a driving force, EYDAP places emphasis on people and society.

Ensuring working conditions and protecting the health and safety of employees, protecting diversity and equal opportunities at work, and a customer-centric approach are the pillars around which EYDAP operates, inextricably linked to strategic goals.

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EYDAP Marathon Dam Archive

In the area of ​​ethical corporate governance, EYDAP is fully harmonized and fully compliant with policies and regulations, promoting transparency and fair enforcement of laws. EYDAP’s corporate governance concerns the set of principles and practices adopted by the Company to ensure its effectiveness, the interests of its shareholders and the interests of all stakeholders.

In this way, EYDAP sustainability forms a business approach that creates value for all stakeholders.

There are many advantages: all stakeholders, shareholders, employees, consumers understand that sustainability issues are an important criterion for choosing a Company. Following the ESG criteria, EYDAP adheres to environmentally based policies that enhance employee and customer satisfaction, while at the same time following transparency and compliance rules that limit any risks that may arise to the environment, labor or corporate governance.

EYDAP is the first public company to include SASB standards for the water sector in the 2020 Sustainability Report, and at the same time, it was included in the Athens Stock Exchange ESG index, which includes companies with good performance in environmental, social and corporate governance . The role of ESG issues is currently decisive both domestically and internationally, and can only be a guide to how the Company operates and what significant investments it makes.

Source: Kathimerini

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