Sustainable Development

We are committed to a better tomorrow.

For us, responsibility stems from our vision and values, as well as our commitment to standards and initiatives in social responsibility and sustainability. We adopt responsible policies and practices across all our business activities, working harmoniously with our social partners.

Through activities that benefit our partners and local communities, we reduce our environmental footprint and create added value for our shareholders and employees. With a strategic focus on environmentally friendly policies, sustainable development, and ensuring territorial continuity and social cohesion, we work with the goal of a better tomorrow for both humanity and the natural environment, both now and in the future.

Framework for Responsible and Sustainable Development

Environmental Dimension

Environmental Impact

Air Quality & Climate Change
Raw Materials & Solid Waste
Water & Liquid Waste
Biodiversity & Waves of Ships

Responsible Management

Corporate governance
Management of Responsible and Sustainable Development
Materiality and Stakeholders

Governance Dimension

Organization of Responsible and Sustainable Development

Level

Attica Group

Board of directors

Chief Executive Officer (CEO)

Strategy

Commission:

Chairman

Chief Executive Officer (CEO)

Chief Officers

Management

Administration, Transformation
and Sustainable Development Department

Coordination

Corporate Responsibility Group:

Maritime Operations Department

Financial Department

Commercial Department

Administrative, Transformation
and Sustainable Development Department

ESG Group Structure

At Board level, the Chief Executive Officer has the overall responsibility for Corporate Responsibility and Sustainability issues, including Principles, Policies, the overall quantitative Corporate Responsibility and Sustainability Target, while at the same time shapes and implements the Group’s Strategy, Vision and respective Policy. The Chief Executive Officer communicates Corporate Responsibility and Sustainability issues when deemed necessary and at least once a year (e.g. 3-year Strategy, Risk Analysis, Due Diligence) to the Board of Directors.
At Top Management level, the Chief Administration, Transformation and Sustainable Development Officer is responsible, who among other, guides the Corporate Responsibility Team, reviews and approves the Annual Responsibility & Sustainability Report (e.g. regarding Material Topics), as assigned by the BoD and Chief Executive Officer and outlined in our Sustainable Development Policy.
At coordination level, the eight-member Corporate Responsibility Team with representatives from the Executive Departments and a vessel representative (Port Captain) is responsible to coordinate the implementation of our Corporate Responsibility and Sustainability Strategy, as well as cooperate with other Departments to implement our 3-year Corporate Responsibility and Sustainability Action Plan.
It must be noted that we have defined the Team’s overall responsibilities within the Group’s Operation Regulations and its members’ individual responsibilities in their formal job descriptions.

ESG Strategy & Performance

Area

Real Improvement 2017-2020

Real Improvement 2020-2023

Targeted Improvement
2024-2026

Total

+28%

+18,2%

+7,2%

1. Management

+31%

+19%

+6%

2. Shareholders

+28%

+9%

+5%

3. Suppliers

+190%

+37%

+10%

4. Employees

+6%

+12%

+4%

5. Customers

+31%

+18%

+5%

6. Society

+31%

+23%

+4%

7. Environment

+16%

+11%

The basis of evaluation is its quantitative evaluation 2020

We aim to remain a global leader in Corporate Responsibility and Sustainability within the Passenger Shipping industry.

ESG Strategy

For the first time in 2017, we developed our Corporate Responsibility and Sustainability Strategy 2018-2020 to systematically and quantitatively improve our performance. Within this context in 2021, we organized 9 meetings in 6 thematic Areas (Owners, Suppliers, Employees, Customers, Community and Environment), during which Management executives from all departments defined specific Actions and responsible employees for each of the 7 Areas of our Corporate Responsibility & Sustainability Plan 2021-2023.

During 2023, we managed to complete 100%, 91 of the 123 actions of this Plan, while significant progress was also made in the implementation of the rest. As a result, we improved our responsible way of operating and incorporating ESG principles by 18.2%, compared to 2020.

Staying true to our commitment to responsible operation, the 3rd consecutive cycle of a three-year Strategy and Plan for Responsible & Sustainable Development 2024-2026 has already begun.

We have recognized that responsible operations contribute to the improvement of our performance and the achievement of our objectives.

We interact with Stakeholders

We implemented for the first time a Survey of Social Partners to determine expectations in relation to Responsible and Sustainable Development. The survey was carried out online with 283 participants from the following categories of Social Partners: