Section SOCIETY
TOPIC

HALCOR SA
Educational program about Transparency/ Anti-corruption. Suppliers and employees’ training on CSR issues, Corporate Governance and Transparency.

The goal of this action is to inform and raise awareness on Halcor’s administrative employees and executives in relation to CSR, transparency issues, anti-corruption and corporate governance.

All Halcor’s employees and in a group of Halcor's suppliers.

In 2010 the educational program began being applied to all Halcor’s executives and during the years 2013-2015 all employees participated in the training. In the near future, the company aims to apply the program to other suppliers and its subsidiaries as well.

The employees’ training and development are the most important means of the continuous development of the professional level of both human resources and the company. The continuous improvement of the employees’ professional skills and knowledge, through their participation in various seminars run by Halcor (in cooperation with educational institutions) and their continuous update concerning the current affairs of the sector are a priority and permanent investment for the company. 

Halcor, which implements more and more actions for responsible operation, proceeded to plan and implement an important educational program about transparency, fight against corruption and corporate governance.

This educational program began in 2010 by training all Halcor’s executives, while the years 2012-2015 the company’s administrative employees received the same training. Meanwhile, in 2015 the Company proceeded to the organization and implementation of a specialized training course meant for a group of suppliers, seeking thereby to promote the principles of Corporate Responsibility and Sustainability in the supply-chain.

The main units that were mentioned were:

  • Corporate Governance’s role
  • Corporate Governance Principles
  • Legal framework in Greece
  • Governance Associations
  • Corporate Governance and Internal Monitoring
  • Halcor’s Corporate Governance framework
  • Corporate Governance: Principles and Standards
  • Transparency and Corporate Governance
  • Corruption – Bribery
  • Companies Transparency Practices (case study)
  • Companies Transparency / Anti-corruption (case study).

The training course was developed and implemented in cooperation with external associates, while in the near future the company aims to apply the practice to one more group of suppliers as well as the subsidiaries companies.

96.7% of administrative staff, 100% of the Company's executives and 17 executives of Halcor’s suppliers participated in this particular training course.

Oinofyta Viotias – Halcor’s facilities.

During 2015 Halcor completed a large educational program on transparency, combating corruption and corporate governance that started being implemented as of 2010. The program aimed to educate all executives and all administration employees of the Company on these issues. In 2010, specifically, we completed the training of all Halcor executives, while during the three years between 2012 and 2015 a total of 88 people were trained out of a total of 91 administrative employees. The Company in total has trained on issues of corporate governance, transparency and combating corruption, 96.7% of its administrative employees and 100% of its executives.

The company actively proves the importance it places on training and lifelong learning. Therefore, it is worth mentioning that in 2015 approximately 80% of the company’s employees (341 employees) participated in at least one training course and more than 2,660 training hours took place. In addition, 22 lifelong learning courses (postgraduate courses and foreign languages courses) have been offered since 2011.

The program’s benefits are important to Halcor and to society as well since:

  • Educating, informing and raising the employee’s awareness is achieved
  • Mentality change against corruption tolerance is put forward
  • Transparency in the company’s operation is strengthened.
  • The chances of relevant incidents taking place in the company are reduced
  • The risk connected to the presence of relevant incidents is reduced
  • The company’s commitment to morale and responsible operation is evident.
  • It promotes the principles of Corporate Responsibility and Sustainability in the supply-chain.