PRESS RELEASE
March 10, 2025
PPC: With improved performance in the ATHEX ESG index
· New score 91% in the “ESG Transparency Score”
PPC improved its rating in the ESG Transparency Score of the ATHEX ESG index achieving a positive score of 91% following an extensive analysis of a series of criteria regarding the pillars Environmental - Social - Governance. Based on this score, PPC is among the leading companies in the Greek market, according to the "ESG Transparency Methodology", with respect to the metrics outlined in the “ATHEX ESG Reporting Guide 2024".
In total, 52 metrics corresponding to 86 individual data points are evaluated in the ESG Transparency Score, while for the evaluation of each sector, at least 55 data points are taken into consideration. Based on this methodology, increased weighing is given to the existence of external assurance of the information disclosed by a company, as well as to the existence of systems and controls within the Company for overseeing ESG indices and the applicable Sustainability Policy. These topics are considered particularly important during evaluation, as they demonstrate that the companies have a wider mechanism and processes for managing ESG issues and enhancing the credibility of the data.
Moreover, the publication of a Sustainability Report by the companies is positively evaluated, as it is considered a strong indication of the importance they place on ESG issues, as well as on informing and maintaining a two-way communication with all stakeholders.
PPC's rating of 91% in the ATHEX Transparency Score confirms the importance the Group attaches to ESG issues.
Green investments with sustainability at the core of the strategy
PPC is the leading electricity company in Southeastern Europe.
Despite the global challenges of the last five years, the PPC Group is constantly being transformed, with the vision to become a financially and environmentally sustainable, modern company. At the same time, it is laying a strong foundation for further growth in Greece and Southeastern Europe, shaping the energy and digital future of the wider region, always acting with responsibility as a valuable social partner in the markets where it operates.
By 2027, the PPC Group will have invested more than €10 bn, mainly in green energy, modernisation of networks and technological innovation. PPC Group will develop RES of 6.3 GW in Greece and the wider region of Southeastern Europe, aiming at reaching 11.8 GW of installed capacity from RES in 2027. The energy planning is simultaneously focused on the complete phasing-out by 2026 and the significant reduction in generation from oil fired power plants, with the Group aiming to reduce direct carbon dioxide (CO2) emissions by 80% between 2019 and 2027.
The target of the PPC Group is to create shared value for the economy and improve its positive footprint on society, taking into consideration all stakeholders - customers, shareholders, human resources, suppliers, etc., - as well as the wider society, while contributing to the achievement of the 17 Sustainable Development Goals (SDGs) of the United Nations.