1st Evaluation of key suppliers of MYTILINEOS in SOCIAL and ENVIRONMENTAL issues

BUSINESS: 284 PRACTICES
MYTILINEOS was founded in Greece in 1990, has been listed on the Athens Stock Exchange since 1995 and is a member of the FTSE LARGE CAP high capitalization index and a leading international industrial and energy company. The Company is active in the fields of Metallurgy, Electricity and Natural Gas, Sustainable Development Projects, and the Renewable Energy Development and Storage Sector, with more than 4,800 direct and indirect employees and more than 9,000 overseas employees. Its complex business activity is a driving force for the Greek economy, while it has a dynamic presence on all 5 continents with a consolidated turnover of € 2.6 billion.
More Information: https://www.mytilineos.gr/
MYTILINEOS, in 2018, proceeded to the self-evaluation of its main suppliers, as defined by each TED, through field research with a structured questionnaire. This initiative was implemented in the context of the goal set by the Company until 2025 for the development of an overall responsible supply chain.
The reasons why this goal has been set are:
272 main suppliers of MYTILINEOS from all Sectors of its Business activity.
October 2018 - January 2019
MYTILINEOS's rationale for evaluating its key suppliers was twofold: 1) to investigate whether the company's key suppliers have a process for identifying and managing significant existing and potential adverse effects (environmental and social) related to their activity; and 2 ) the basic recording of these effects to enable the company to evaluate them and plan any corrective actions in the context of the goal it has set for the development of an overall responsible supply chain.
The following are the most important findings of the evaluation:
MYTILINEOS Headquarters
no
Procurement / Purchasing Departments of the Activity Sectors and Central CSR Service. of MYTILINEOS
MYTILINEOS, after studying the results and the practices stated by the suppliers, proceeded to the planning of specific improvement actions such as the implementation of the second evaluation cycle with suppliers that did not respond to the first cycle, the organization of training days and the sending of incentive letters. compliance with selected issues.