Strengthening the Social Footprint

 

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Strengthening the Social Footprint

 

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Socio-economic impact

GEK TERNA Group, with the aim of providing all stakeholders with correct and transparent information on the value it creates across the entire range of its activities, conduct a special study, following the internationally recognized methodology of the “input-output model”, to determine the Social and Economic impact of its activities in Greece. The results of the relevant studies confirm the responsible attitude and contribution of GEK TERNA Group to the national economy and employment over time, while at the same time strengthening the collective efforts to achieve the UN Sustainable Development Goal 8 on economic growth.

Study of the social and economic impact for the year 2024

Socio-economic impact study (SEIA) for the period 2022-2023

GEK TERNA Group 2021 Socio-economic impact study in Greece


Dialogue with stakeholders

The Group, understanding the expectations of its stakeholders and wishing to respond to them, promotes the creation of mutual trust and confidence.

Consultation with the different stakeholder groups is carried out in a consistent and transparent manner in order to address the current challenges related to Sustainable Development. Through this communication, the Group’s understanding of important environmental and social issues is enhanced, which helps to successfully set the right priorities for the ESG strategy.

The Group identifies and prioritises its stakeholders according to their degree of influence and impact on the Group’s operations and vice versa.


CSR programmes

GEK TERNA Group actively supports the local and wider society through initiatives and actions that contribute to social resilience and prosperity. Its strategic objective is to establish long-term relationships with residents and stakeholders in the areas where it operates, based on trust and mutual benefit. To this end, it combines its initiatives with the needs of the area concerned and aims for an open dialogue with stakeholders. The Group improves the daily life of local communities, supports the younger generation, contributes to the care of socially vulnerable groups and strengthens the local economy and entrepreneurship, while always being present in response to crises and emergencies.

The social support programme implemented by the Group in 2024 amounted to 4 million euros, reflecting the organisation’s commitment to the principles of Sustainable Development, to strengthen its business activities, to meet the needs of its stakeholders and to defend the well-being of local communities.

This year, the social support programme focused on:

Emergency Response and Recovery arrow right

With a strong sense of social responsibility, the Group undertook at its own expense the structural assessment and full restoration of the Nea Penteli Indoor Gym, which suffered severe damage during the summer 2024 wildfires in Attica. The aim of the project was to ensure the swift return of students and sports teams to a safe and upgraded facility.

In addition, recognizing the critical importance of water supply and irrigation in Crete, the Group fully covered the cost of developing a Strategic Water Management Plan for the island.

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In 2024, GEK TERNA Group, through its sponsorship program “Skillful Generation,” continued to invest consistently in education and youth skill development, actively contributing to the country’s future. In this context:

• Continued its support for the Postgraduate Program in “Infrastructure and Construction Project Management” at the National Technical University of Athens. The program, which launched in autumn 2023, has already produced its first graduates.

• Supported the implementation of the educational program “STEM and Soft Skills,” delivered by the NGO “Together for Children” in collaboration with the Department of Education of the National and Kapodistrian University of Athens. Through GEK TERNA’s sponsorship, from October 2024 to June 2025, 22 students in the first and second grades of lower secondary school participated in 25 sessions totaling 50 hours. The curriculum covered topics ranging from robotics and programming to the development of social skills such as collaboration, empathy, and critical thinking.

• Funded educational field trips for NTUA students to major infrastructure projects and construction sites in Greece and abroad, offering them the opportunity to connect academic knowledge with real-world experience and gain firsthand insight into modern construction practices.

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GEK TERNA Group supported the work of the “Lara” Guide Dog School for the Blind by fully covering the cost of adopting and training two puppies to become guide dogs, enabling them to safely assist individuals in need.

In addition, during the past year, the Group began its collaboration with BlackLight, a non-rofit organization founded by individuals with visual impairments, to implement the “Learning Without Seeing” program in schools across Crete. The program aims to familiarize children with the challenges faced by people with disabilities and foster an inclusive mindset. With the support of GEK TERNA, more than 40 workshops were delivered across 20 schools in the Heraklion region over a two-week period, engaging over 2,175 students.

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