Sustainability
Hellenic Cables is committed to operating in a manner that creates long term value for all its stakeholders, contributes to the UN Sustainable Development Goals (SDGs) and embeds the values of all three pillars of sustainability, environmental, social and governance.
The Company’s strategic approach towards sustainability is in line with leading global frameworks, notably the United Nations Sustainable Development Goals, as well as the European Green Deal and EU carbon neutrality targets for 2050.
Hellenic Cables aims to provide solutions and knowledge to its customers, supporting them to reach their sustainability ambitions and goals and improve their sustainability performance through the use of our products. The Company further commits to meeting society’s current and future needs by seeking to provide low-carbon, circular and safe products with production operations that respect its employees, social partners and the environment.
Environment
Hellenic Cables focuses and undertakes action to combat climate change as well as preserve natural resources to the maximum extent possible. The Company promotes recycling and circularity practices to create more sustainable consumption and production, while seeking to maximize the utilization of secondary raw materials.
Social
Hellenic Cables’ approach is underpinned by its priority placed on human development, safeguarding labour and human rights, promoting safe working conditions, mental health and well-being. Hellenic Cables is committed to treating all people equally and with respect, to working against discrimination and harassment in all its forms and to being an inclusive organisation. Moreover, the Company aims to the effective development of all its employees and to attract new talent for the creation of a diverse and inclusive workforce equipped with the right competencies.
Governance
Hellenic Cables complies with all international and national underlying laws and regulations and works against corruption and bribery in all their forms. The Company has zero tolerance for bribery, fraud, unfair competition and other types of inappropriate business behavior, and commits to upholding sound business practices within the organization and across its supply chain and business partners. Furthermore, the Company has established a whistleblowing mechanism creating this way proper communication channels for anyone within or outside the Company to report any illegal behavior .
Utilizing the available resources (inputs), taking always into consideration the vision, the mission and corporate values, the Company creates value both for its stakeholder groups and itself, contributing to the achievement of the Sustainable Development Goals.
Hellenic Cables value creation model
The Company’s financial resources such as equity, investment, lending, as well as the overall management of the Company’s activities’ and operations’ financing, and the monitoring of its accounting and financial transactions.
Facilities and production equipment used in the production process and belong to the Company, which together with the supply chain, contribute to product manufacturing and services offering in order to respond to marketplace trends and customer needs.
The human resources of the Company with the embodied skills and abilities of all employees that have been acquired through education and training, as well as through experience and ability to perform all relevant tasks.
Intellectual property is a crucial input as it consists of research, technology and innovation efforts, such as product manufacturing based on the circular economy principles. The stakeholder engagement framework is also included.
The natural and environmental resources (such as soil, water, atmosphere, ecosystems) that are useful for the production of all products and services of the Company.
- Continuous development and strengthening of technical training
- Minimize risks and maintain a high level of occupational health and safety
- Remuneration and benefits for employees
- High quality products
- Reliable partner for the implementation of high demanding projects
- Research and Development
- Powerful and responsible supply chain
- Support of local suppliers
- Increase local employment
- Enhanced power supply
- Contribution to the sustainable development of local communities
- Financial profit
- Economic growth and sustainable development