SUSTAINABLE DEVELOPMENT STRATEGY

GEK TERNA's Group sustainable development strategy is based on continuous dialogue with stakeholders and the careful identification and assessment of the most significant economic, social, and environmental impacts of its activities. The strategy focuses on maximizing positive impacts and mitigating negative effects through the implementation of best practices, sustainable initiatives, and reliable partnerships. This is a dynamic approach that continuously expands and improves for the benefit of all stakeholders, including shareholders, investors, employees, and society at large.

Within the framework of the sustainable development strategy, GEK TERNA Group has identified three main strategic pillars aimed at creating long-term positive impacts on economic, social, and environmental levels. These pillars, as it is reflected through the Group's Sustainable Development Policy, focus on improving operational efficiency, reducing environmental footprint, promoting social responsibility, and enhancing corporate governance.


The strategic pillars of sustainable development for the GEK TERNA Group are as follows:

• Protection of the environment for present and future generations
• Creation of a resilient and capable workforce and a responsible and sustainable supply chain
• Achieving a positive impact on society

Material Issues

For the first time, the Group conducted a Double Materiality Assessment, in accordance with the new European legislation Corporate Sustainability Reporting Directive (CSRD). Through this process, it included in the analysis of material issues not only the criterion of their impact on sustainable development but also the criterion of their impact on the Group's financial performance and overall business strategy.

The ranking of the material issues that emerged is reflected below:


Read more about the analysis of the Group's impacts here.