Communication on Progress 2018

Participant
Published
  • 2019/09/03
Time period
  • January 2018  –  December 2018
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer
  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • To our stakeholders:

    Since its establishment, Polyeco has continued its long-standing commitment and support of the Ten Principles of the United Nations Global Compact on Human Rights, Labor Standards, the Environment and Corruption, by integrating and implementing these principles in its decision-making process.

    Following the adoption of the 17 sustainable development goals by the United Nations General Assembly, Polyeco fully integrates these objectives into its internal and external functions. On the way to achieving sustainability by 2030, our strategy focuses primarily on our commitment to deliver business practices tailored to the highest international standards of sustainability and corporate social responsibility.

    Polyeco S.A., as a major player amongst the most prominent waste management companies in Europe, demonstrates that responsible entrepreneurship requires the most advanced practices and methods. Through the use of innovative practices and materials, sustainable investment and new partnerships we define what kind of business we want to conduct and how we conduct it.

    2018 has been a good year for Polyeco, in terms of financial and operational performance.
    We have enhanced our competitiveness in the new economic environment and ensured the conditions that allow us to provide innovations and services that improve quality of life and create value for the benefit of all stakeholders. Through our local activities we have identified issues related to the countries and communities in which we operate, and then evaluated the impact we are making as we strive to address these issues.

    This fiscal year, Polyeco continued the implementation of its Sustainable Development Program, taking into account not only the needs of the Greek society, but also the local communities of the countries across the globe where the company implements waste management projects. Polyeco contributed to the strengthening of local communities with the recruitment and remuneration of local personnel, without discrimination based on race, nationality, social origin, caste, birth, religion, disability, gender, sexual orientation, union membership, political opinions or age.

    Environmental protection, society, people and economy are key objectives for Polyeco.
    By recognizing corporate responsibility as a fundamental pillar inextricably linked to our strategic planning, and operating with sensitivity, clarity and integrity, we are trying to make a real difference in the world.

    This is reflected in our many initiatives, including Polyeco Contemporary Art Initiative (PCAI), a not-for-profit organization established by Polyeco in 2013 which primarily aims at raising environmental protection awareness through a unique art program inspired by the crucial issue of waste management, which is not only technical, but also environmental and social. The objective has been to create a framework that will allow Polyeco to implement its unique environmental awareness raising program.

    PCAI collaborates with cultural and educational institutions as well as local organizations in the areas where the company is active. Sensitive to its responsibility towards the community, PCAI is also committed to its educational role and it has been designing programs that address environmental awareness issues through digital art. Its successful educational platform PCAI Junior has already been presented in Geitonas Schools and in the Stavros Niarchos Culture Center in Athens, in Oman and in Mauritius and has been awarded with the 2nd ISWA YPG Prize #WhatHappensToMyWaste.

    In September 2018, PCAI became a member of the International Association of Corporate Collections of Contemporary Art IACCCA, becoming the only Greek organization in this important network of more than 46 members representing some of the best contemporary art collections in the world. The PCAI Collection was amongst the nominees for the Corporate Art Awards 2018 whereas its works have been shown in important museums, institutions and exhibitions in Greece as well as abroad.

    All these actions and initiatives, are discussed in detail in 2018 Polyeco’s Sustainability and Corporate Responsibility Report, reflecting our corporate commitments. In 2019, we will continue our sustainability actions towards the same direction, improving our performance indicators. We will continue to be a leading company that undertakes crucial environmental projects, supports society and fosters ethical entrepreneurship.

    Sincerely yours,
    Athanasios Polychronopoulos
    Vice President of Global Development

Human Rights
  • Assessment, policy and goals
  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • No answer provided.
  • Implementation
  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • No answer provided.
  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • No answer provided.
Labour
  • Assessment, policy and goals
  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • No answer provided.
  • Implementation
  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • No answer provided.
  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • No answer provided.
Environment
  • Assessment, policy and goals
  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • No answer provided.
  • Implementation
  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • No answer provided.
  • Measurement of outcomes
  • Description of how the company monitors and evaluates environmental performance.

  • No answer provided.
Anti-Corruption
  • Assessment, policy and goals
  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • No answer provided.
  • Implementation
  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • No answer provided.
  • Measurement of outcomes
  • Description of how the company monitors and evaluates anti-corruption performance.

  • No answer provided.