Sustainability Strategy

2.1 Integration of Sustainability into the Company Strategy

Spanos Group perceives sustainability not as an obligation, but as an integral component of its business strategy and corporate identity.
The company recognises that its future growth and competitiveness depend on the systematic incorporation of environmental, social, and ethical values (ESG) at every operational level.

Management’s objective is to achieve full alignment with European sustainability standards, specifically following the Global Reporting Initiative (GRI) framework, which is also used by ICAP CRIF and Synesgy for corporate ESG assessments.
Spanos Group has already initiated the process of developing its ESG strategy in accordance with the principles of the GRI and the EU Taxonomy.

2.2 Key Strategic Sustainability Objectives

The company has defined the following strategic sustainability pillars for the period 2024–2026, corresponding to the Environment – Social – Governance (ESG) dimensions:

Environment (Environmental)

Continuous reduction of energy consumption through equipment upgrades and the use of energy-efficient technologies (LED lighting, inverters, hybrid vehicles).
Enhancement of recycling and utilisation of production residues (100% recyclable metal scrap).
Gradual preparation for ISO 14001 certification and carbon footprint assessment.

Society (Social)

Ongoing employee education and professional development through specialised training in technical skills, safety, and ESG awareness.
Strengthening employee engagement and promoting a culture of respect, collaboration, and equal opportunities.
Empowerment of the local community through donations, support of student initiatives, and knowledge sharing in educational and environmental projects.

Governance (Governance)

Establishment of a Code of Ethics and Conduct, published on the company’s website, serving as the framework for behavior and responsibility for all partners.
Ensuring transparency and accountability in decision-making and business risk management.
Implementation of internal ESG monitoring procedures and annual update of the Sustainability Report.

2.3 Alignment with the United Nations Sustainable Development Goals (SDGs)

Spanos Group’s sustainability strategy is aligned with the United Nations Sustainable Development Goals (SDGs), focusing particularly on the following objectives:

Goal (SDG)

Description & Link to Spanos Group

SDG 7 – Affordable and Clean Energy

Promotion of energy-efficient machinery and hybrid vehicles.

SDG 8 – Decent Work and Economic Growth

Creation of stable employment, training, and occupational safety.

SDG 9 – Industry, Innovation and Infrastructure

Development of technologies for green infrastructure and innovative industrial applications.

SDG 12 – Responsible Consumption and Production

Waste management and raw material recycling.

SDG 13 – Climate Action

Implementation of initiatives to reduce emissions and the company’s energy footprint.

2.4 Holistic ESG Approach

Spanos Group adopts a holistic ESG approach, in which every business decision considers its impact on the environment, society, and governance.
Management prioritizes the creation of an integrated ESG reporting system, combining data from all departments to ensure measurable results and continuous improvement.

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