{"id":2097,"date":"2019-07-24T12:32:09","date_gmt":"2019-07-24T09:32:09","guid":{"rendered":"http:\/\/2020.sustainabilityreport2018.helpe.gr\/introduction\/"},"modified":"2024-10-23T09:53:47","modified_gmt":"2024-10-23T06:53:47","slug":"methodology","status":"publish","type":"page","link":"https:\/\/sustainabilityreport2023.helleniqenergy.gr\/en\/methodology\/","title":{"rendered":"Report Methodology"},"content":{"rendered":"<h3>Report Methodology<\/h3>\n<p>The 19<sup>th<\/sup> edition of the HELLENiQ ENERGY\u2019s Sustainability Report presents the Group\u2019s performance in environmental, social and corporate governance (ESG) topics for the period from 01.01.2023 to 31.12.2023 and it is available in <a href=\"https:\/\/sustainabilityreport2023.helleniqenergy.gr\/en\" target=\"_blank\" rel=\"noopener\">digital form<\/a>. Since 2005, HELLENiQ ENERGY has been publishing an annual Sustainability and Corporate Responsibility Report, with the aim of better informing and communicating with its stakeholders.<\/p>\n<p>Group\u2019s approach is aligned with its mission and values, and reflects the responsible way in which it treat the health and safety of its employees and the wider society, the ethical and transparent business practices, the environmentally sustainable operations, the working environment and the value creation for its stakeholders.<\/p>\n<h3>Scope<\/h3>\n<p>The data stated in the Report are consolidated at Group level, with minor exceptions in certain areas, as stated in the respective parts of the Report. In selecting the subsidiaries of HELLENiQ ENERGY included in this Report, the following were taken into account:<\/p>\n<ul>\n<li>the list of companies included in the Group\u2019s consolidated financial statements (see 2023 <a href=\"https:\/\/www.helleniqenergy.gr\/en\/company-publications\" target=\"_blank\" rel=\"noopener\">Annual Financial Report<\/a>, pp. 161-163)<\/li>\n<li>the double materiality analysis of sustainability impacts, according to a set of selection criteria, such as participation rate and subsidiary auditing, impact and risks, volume of sales and number of employees.<\/li>\n<\/ul>\n<p>More specifically, the information and data included in this Report refer to the following companies:<\/p>\n<ul class=\"methodololgy_border_list\">\n<li>\n<ol>\n<li>1. HELLENiQ ENERGY HOLDINGS S.A.<\/li>\n<li>2. HELLENIC PETROLEUM RSSOPP S.A.<\/li>\n<li>3. ELPET BALKANIKI S.A.<\/li>\n<li>4. DIAXON S.A.<\/li>\n<li>5. VARDAX S.A.<\/li>\n<li>6. \u0395\u039a\u039f S.A.<\/li>\n<li>7. KALYPSO KEA S.A.<\/li>\n<li>8. \u0395\u039a\u039f\u03a4\u0391KO S.A.<\/li>\n<li>9. \u0395KO IRA MARITIME COMPANY<\/li>\n<li>10. EKO AFRODITI MARITIME COMPANY<\/li>\n<li>11. \u039f\u039a\u03a4\u0391 AD SKOPJE<\/li>\n<li>12. EKO CYPRUS LTD<\/li>\n<li>13. EKO BULGARIA EAD,<\/li>\n<li>14. EKO SERBIA AD,<\/li>\n<li>15. JUGOPETROL AD,<\/li>\n<li>16. HELLENiQ RENEWABLES SINGLE MEMBER S.A<\/li>\n<li>17. ENERGIAKI SERVION S.A<\/li>\n<li>18. ENERGIAKI PYLOY METHONIS S.A<\/li>\n<li>19. HELLENiQ RENEWABLES WIND FARMS OF EVIA S.A<\/li>\n<li>20. WIND PARK SAGIAS S.A.<\/li>\n<li>21. TANAGRA SOLAR ENERGEIAKI S.A.<\/li>\n<li>22. S.AETHER ENERGEIAKI S.A.<\/li>\n<li>23. HELLENiQ RENEWABLES WIND FARMS OF MANI S.A.<\/li>\n<\/ol>\n<\/li>\n<li>\n<ol>\n<li>24. ATEN ENERGY S.A.<\/li>\n<li>25. KOZILIO 1<\/li>\n<li>26. WINDSPUR S.A.<\/li>\n<li>27. HELLENiQ UPSTREAM HOLDINGS SINGLE MEMBER S.A.<\/li>\n<li>28. HELLENiQ UPSTREAM SINGLE MEMBER S.A.<\/li>\n<li>29. HELLENiQ UPSTREAM WEST KERKYRA SINGLE MEMBER S.A.<\/li>\n<li>30. HELLENiQ UPSTREAM SEA OF THRACE SINGLE MEMBER S.A.<\/li>\n<li>31. HELLENiQ UPSTREAM IONIO SINGLE MEMBER S.A<\/li>\n<li>32. HELLENiQ UPSTREAM KIPARISSIAKOS GULF SINGLE MEMBER S.A<\/li>\n<li>33. HELLENiQ UPSTREAM WEST CRETE SINGLE MEMBER S.A.<\/li>\n<li>34. HELLENiQ UPSTREAM SW CRETE SINGLE MEMBER S.A.<\/li>\n<li>35. HELPE PATRAIKOS S.A.<\/li>\n<li>36. HELLENiQ ENERGY CONSULTING S.A.<\/li>\n<li>37. ASPROFOS S.A.<\/li>\n<li>38. HELLENiQ ENERGY DIGITAL S.A.<\/li>\n<li>39. ELPE FUTURE S.A.<\/li>\n<li>40. HELLENiQ ENERGY REAL ESTATE S.A.<\/li>\n<li>41. FENSOL S.M.<\/li>\n<li>42. FRONTERA ENERGEIAKI S.A.<\/li>\n<\/ol>\n<\/li>\n<\/ul>\n<h3>Sustainability Standards<\/h3>\n<p>For the purpose of compiling this Report, the following have been applied:<\/p>\n<ul>\n<li>the principles of the International Integrated Reporting Council (IIRC),<\/li>\n<li>the AA1000 Accountability Principles (\u0391\u03911000AP 2018) in regard with Inclusivity, Materiality, Responsiveness and Impact,<\/li>\n<li>the 2021 GRI Standards and the GRI 11 Oil &amp; Gas Sector Standards of the Global Reporting Initiative (In accordance with),<\/li>\n<li>the Communication on Progress (CoP) in accordance with the 10 Principles of the United Nations Global Compact,<\/li>\n<li>the Athens Stock Exchange ESG Reporting Guide 2022 (Core, Advanced metrics &amp; Sector-specific metrics),<br \/>\nthe 20 criteria of the Greek Sustainability Code (Level \u0391), which was developed in the context of the \u201cSustainable Companies in Greece\u201d initiative.<\/li>\n<\/ul>\n<p>Also, in view of the imminent implementation of ESRS in financial reports, the Group, in the context of its relevant preparation, has made selected amendments and additions (text\/disclosures and quantitative data) in this direction.<\/p>\n<p>The reference tables of the standards followed (GRI, UNGC, \u0391\u03911000AP, ATHEX ESG Guide and the Greek Sustainability Code) are included in Appendices \u0399, \u0399I, III, IV and V of the Report. Other useful information, complementary data in respect with the standards followed as well as detailed financial data on HELLENiQ ENERGY are presented in the 2023 <a href=\"https:\/\/www.helleniqenergy.gr\/en\/company-publications\" target=\"_blank\" rel=\"noopener\">Annual Report<\/a>, the 2023 <a href=\"https:\/\/www.helleniqenergy.gr\/en\/company-publications\" target=\"_blank\" rel=\"noopener\">Annual Financial Report<\/a> and on the Group\u2019s <a href=\"http:\/\/www.helleniqenergy.gr\/en\" target=\"_blank\" rel=\"noopener\">website<\/a>.<\/p>\n<p>All indices, units of measurement, quantities and metrics stated in the Report correspond to measurements and data recorded in accordance with the best available practices, internationally accepted standards and international codes pertaining to the oil and gas industry. There are no significant differences compared to previous versions. There are no other restrictions, exceptions or changes, unless otherwise stated in the text.<\/p>\n<p>Finally, the Group is aligned with the EU Taxonomy Regulation and submitted for the second time a report on the environmental objectives of climate change mitigation and adaptation for the year 2023, which is presented in the 2023 <a href=\"https:\/\/www.helleniqenergy.gr\/en\/company-publications\" target=\"_blank\" rel=\"noopener\">Annual Financial Report<\/a> (p. 111).<\/p>\n<h3>Independent Auditor&#8217;s Verification Report<\/h3>\n<p>This report has been subject to an external verification process and the Independent Auditor&#8217;s Verification Report can be found in Appendix VI. Furthermore, the accuracy of the data is ensured through internal verification, audit processes and annual inspections by accredited certification bodies. These inspections and audits ensure that the data presented in the Report are reliable, appropriately balanced and in accordance with the specified reporting standards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Report Methodology The 19th edition of the HELLENiQ ENERGY\u2019s Sustainability Report presents the Group\u2019s performance in environmental, social and corporate governance (ESG) topics for the period from 01.01.2023 to 31.12.2023 and it is available in digital form. Since 2005, HELLENiQ ENERGY has been publishing an annual Sustainability and Corporate Responsibility Report, with the aim of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Report Methodology | 2023 Sustainability Report<\/title>\n<meta name=\"description\" content=\"The 19th Sustainability Report of HELLENiQ ENERGY presents the Group\u2019s performance in environmental, social and corporate governance (ESG) topics for the period from 01.01.2023 to 31.12.2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sustainabilityreport2023.helleniqenergy.gr\/en\/methodology\/\" \/>\n<meta property=\"og:locale\" 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