Environment
ESG GOALS 2022-2025+
CARBON FOOTPRINT#01 Reduce absolute emissions Scope 1 and 2 by 40% until 2030 and Climate Neutrality until 2050*. |
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METRICS | RESULTS 2023 | PROGRESS 2023 | TARGETS 2024 |
% Green Fleet (electric/hybrid cars including orders) |
43% |
Goal >35% surpassed |
>43% |
% Green energy (Electric energy consumption with Green certificates of origin) |
28% (expected green energy guarantee) |
Goal >9% surpassed |
>13% |
Measurement Scope 1 – Group Total
|
|
In progress |
Reduction in relation to base year |
Measurement Scope 2 – Group Total
|
|
In progress |
Reduction in relation to base year |
Measurement Scope 1& 2 – Group Total
|
|
In progress |
Reduction in relation to base year |
CIRCULAR ECONOMY#2 Promoting the circular economy and eliminating the waste that can be avoided by 2025. |
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METRICS | RESULTS 2023 | PROGRESS 2023 | TARGETS 2024 |
Single-use Plastic |
|
Achieved |
Certified recycling an e-waste management Continued development of take-back και refurbishment services |
Διαχείριση single use plastic |
All companies stopped procuring plastic cups |
Achieved |
Continue efforts to eliminate single use plastic |
Paperless Office |
Actions to become Paperless such a s using e-Signature DocuSign |
Achieved |
Actions to reduce use of Paper for example through use of e-Signature DocuSign services |
Sustainable Packaging |
Assessment of solutions using recycled or recyclable materials |
In progress |
Continue efforts to eliminate single use plastic in packaging (procurement) |
(*)1 Reference year 2022 (scenario 1.5°C). Climate neutrality by 2050 refers to Scope 1 and 2 emissions, taking into account the maturity of the technology. The objective will be revised in 2030.
Our People
ESG GOALS 2022-2025+
HEALTH AND SAFETY# 03 Maintaining LTIF below 2.3 and TRIR below 1.2 for Group’s employees until 2030. |
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METRICS | RESULTS 2023 | PROGRESS 2023 | TARGETS 2024 |
LTIF (Lost Time Incident Frequency) < 2,3) |
2,21 |
Achieved |
Maintain or Improve |
TRIR (Total Recordable Incident Rate) < 1,2) |
0,44 |
Achieved |
Maintain or Improve |
Obtain ISO 45001:2018 (Occupational health and safety management system). |
ISO 45001:2018 and ISO 39001:2012 obtained by the subsidiary ACS |
Achieved |
ISO 45001:2018 for the subsidiary Info Quest Technologies |
Wellbeing Program |
Continuation of well-being program ARMONIA |
Achieved |
Develop well-being program
and compulsory Health and Safety training |
TRAINING AND DEVELOPMENT# 04 Increasing the employees’ training hours by 10% until 2025. *base year 2021 |
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METRICS | RESULTS 2023 | PROGRESS 2023 | TARGETS 2024 |
% change in average training hours per employee by 2025 |
+ 54% increase (vs 2021) |
The target for 2025 has been surpassed |
Maintain or improve annual target and revaluate 4 year plan |
DIVERSITY AND INCLUSION#05 Creating a culture of inclusion, diversity and equality in order to empower our people by 2025. |
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METRICS | RESULTS 2023 | PROGRESS 2023 | TARGETS 2024 |
Gender Pay Equality |
Finalization of Pay Gap study with external partner |
Achieved |
Action plan to address any pay gap by 2025 |
Diversity Policy and Programs |
Introduce DEI training and initiatives. Become a UN WEPs signatory and commit to 7 principles of women’s empowerment. |
Achieved |
Introduce diversity related programs and training Rollout of DEI program |
At least 30% of Quest Holdings BoD to be women |
33% |
Achieved |
Maintain or Improve |
SUSTAINABLE PRODUCTS
ESG GOALS 2022-2025+
SUSTAINABLE PRODUCTS#09 > 6% of revenues to come from sustainable products and services by 2025 |
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METRICS | RESULTS 2023 | PROGRESS 2023 | TARGETS 2024 |
Determine sustainable products and evaluation methodology |
Group subsidiaries assessed their products and services portfolio using ICMA (International Capital markets association) methodology and EU Taxonomy Framework. |
Achieved |
Introduce Sustainable Products Portfolio Reporting Develop Sustainable Products and Services portfolio. |
> 6% of revenues from sustainable products |
9% |
Achieved |
Maintain or Improve |
GREEN ENERGY PRODUCTION#10 Increase the installed MW capacity of green energy by 50% from 2020-2025 |
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METRICS | RESULTS 2023 | PROGRESS 2023 | TARGETS 2024 |
Installed RES capacity (refers to subsidiary Quest Energy) |
39,3 ΜW |
Achieved |
Maintain |
Corporate Governance
ESG Targets 2022-2025+
DATA SECURITY
#06 Best possible effort to maintain zero data breach incidents by 2025
Number of Data Breach Incidents
Achieved
Training for Information Security and Cybersecurity
Achieved
Vulnerability testing on critical systems
Achieved
Cover requirements for obtaining ISO 27001:2013(Information Management Systems)
Achieved
ISO 27001:2013 obtained by subsidiary ACS
MANAGEMENT COMMITMENT
#07 Connecting 15% of the variable remuneration (annual bonus) of the Group’s CEO and the main subsidiaries with ESG targets by 2025.
Selection of ESG Goals to be linked to Group CEO variable Pay
Achieved
SUPPLIER ASSESSMENT
#08 Assessment of suppliers using ESG criteria by 2025
Assessment of Main suppliers by subsidiary company
Achieved
Development of a supplier scoring methodology and rollout of the ESG assessment every 2 years.