Section ECONOMY
TOPIC

Corinth Pipeworks

Open Dialogue with Stakeholders from the Local Community of Thisvi, 2011

The main target is to give representatives of local administration, public organisations and area residents the opportunity to receive information about the activities of Corinth Pipeworks, as well as to express their opinions, concerns and needs with regard to the Company operations in relation to Sustainable Development.

Employees, local authorities, suppliers and partners from local communities, representatives of public bodies, residents from local communities.

06/23/2011. The findings of the views of stakeholders are updated annually through communication with different stakeholders groups and taken into account in the Company's annual schedule activities for local communities. Total duration: 2011-today.

In June 2011, Corinth Pipeworks actively participated in the planning and implementation of an open event titled "Getting to know the Thisvi Industrial Area in the Sustainable Development Framework", which was staged in cooperation with its subsidiary Management and Administration of Thisvi Industrial Area (DIA.VI.PE.THI.V. S.A.).

Corinth Pipeworks noted residents' opinions and needs in detail through a special questionnaire and formulated an action plan on the basis of the responses. The questionnaire was completed by more than 100 persons and the leading suggestions (including pre-selected actions) were as follows:

• In the area of Health: there was an expressed need to improve Health Services and to coordinate a visiting physician programme with doctors of various specialisations to the area;
• In the area of Education: a need was registered for technology and scholarships;
• In the area of Entrepreneurship: suggestions were made to hold events to promote local products;
• In the area of Environment: support for tree planting actions was requested.

Corinth Pipeworks in cooperation with DIA.VI.PE.THI.V. S.A., decided to proceed with the following:

• To evaluate the actions indicated as most important by stakeholder groups and to explore the possibility of implementing them.
• To use available funds for actions which: a) have been highlighted by the local community; b) they will have the greatest possible benefit for local residents; c) they will have measurable results.

Moreover, at the event, information was provided for the members of the Thiva City Council, local councils, organisations and members of the public on how the Industrial Area was established and on the Corporate Responsibility programmes of Corinth Pipeworks. Particular emphasis was placed on the company’s' efforts to protect the natural environment of the area. In addition, participants were given a tour of the Thisvi Industrial Area to learn about the activities of the company established there and about the role of the Industrial Area in the overall development of the region.

DIA.VI.PE.THI.V.

Employees participated in both the event organization and as an audience, during the conference.

Thisvi Area

This action had a positive impact on our stakeholders’ perception, using the word of mouth methodology.

The Company aims to consistently meet the needs of local communities because it recognizes the need to coexist harmoniously with the society that surrounds it. This action was a key-benefit to the Company that allowed Corinth Pipeworks to develop and introduce a systematic dialogue with local communities and be able to increase its positive impact on them.