Responsible Policy for the Environment

Contribution to the increase of Renewable Energy Resources availability and reliability

ELLAKTOR Group, recognising the business opportunities offered in the generation of energy, and striving to combat climate change and contribute to the access of affordable and clean energy for all, has deemed the Renewable Energy Sources segment (RES) a main priority, emphasising the construction and operation of wind farms as well as energy recovery from biogas. It aims to further contribute to the increase of RES availability and reliability, which are the basic requirements for reducing greenhouse gas emissions and preventing climate change.

 

 

Through the generation of 909 GWh of electricity from RES in 2019, it is estimated that the Group contributed to the prevention of 575 thousand tons of CO2 eq. being released in the atmosphere. It should be noted that the Group consumed 180 GWh for its operations (see section Management of Environmental Footprint), and hence its energy balance for 2019 amounted to -729 GWh.

 

Contribution to Circular Economy

In the circular economy model, the value of products and materials is conserved for as long as possible by extending their lifetime and increasing their recycling and reuse rates. The transition to a circular economy requires fostering and implementing modern and innovative waste management methods, aiming to fully maximise the use of waste.

In 2019, the waste treatment plants of the companies in the Environment segment in Greece managed around 429,000 tons of third-party waste.

 

Management of Environmental Footprint

A main objective and priority of the Group is the effective management of the environmental impacts that result from its operations. Το ensure the protection of the environment and natural resources, the Group employs all the requisite preventive measures and invests in reducing its environmental footprint.

Energy Consumption

Throughout the entirety of the Group’s activities, efforts are made to rationally manage all forms of energy consumption and protect natural resources. Energy consumption is monitored both at the Group’s Head offices as well as at the facilities of the Group’s companies.

 

Solid Waste Management

The Group’s waste management policy primarily seeks to reduce the amount of waste generated and any associated risks, optimise its recycling and reuse and finally its appropriate disposal.

The management of waste is carried out, based on the requirements of the national and European legislation, as outlined in the Environmental Terms Approval Decisions (ETAD), as well as any other requirement based on the specificity of the project or activity.

The collection, transport and disposal of waste is carried out by licensed bodies (subcontractors), which are registered in the Digital Waste Registry (DWR) of the Ministry of Environment and Energy.

 

Biodiversity

The Group undertakes initiatives to protect biodiversity, by fully complying with the relevant legislation and environmental requirements, as well as the environmental management processes applied to projects in regions with a high environmental value.

The Group takes into consideration the environmental requirements of projects or activities in areas neighboring sensitive regions, and monitors protected species (flora and fauna), as listed in the approved environmental terms.