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MOTOR OIL

Motor Oil was founded in 1970 and the first year of operation of its refinery was 1972.

Motor Oil is a modern energy group that holds a leading role in the field of crude oil refining and the trading of petroleum products in Greece and in the wider Eastern Mediterranean region, while at the same time it is active in the LPG, electricity and natural gas trading sector and in the sector of renewable energy sources.

It has been listed on the Athens Stock Exchange since 2001. It is included in the General index (ATHEX COMPOSITE INDEX), in the Large Cap index (FTSE/ ATHEX LARGE CAP), as well as in the international index FTSE4Good Index Series. Its Refinery is considered one of the most modern refineries in Europe with a complexity rating of 11.54 (Nelson Complexity Index).

www.moh.gr

 

Corporate videos & Statements

Petros Tzannetakis, Deputy CEO

"Motor Oil Group's energy transition has already begun"

Despite the difficult times we are going through, we as a Company continue our investments.

At the refinery we aim to improve its energy efficiency and reduce its carbon footprint through new initiatives such as the new naphtha unit to be completed in 2022.

At the same time, at MOTOR OIL we are expanding our activities in the wider sector. We are developing a significant portfolio of renewable energy projects, developing our presence in the electricity supply sector and investing in energy saving projects.

At the same time, we are committed to continuously support the ten principles of the UN Global Compact and their integration into our business, strategy and activities.

Motor Oil Group's energy transition has already begun. Through our strategy we contribute to shaping a sustainable future for everyone.


Petros Tzannetakis, Deputy CEO

"Our action plans are aligned with positive impacts on the environment, society and economy"


At Motor Oil Group, sustainability is an integral part of our business strategy. We are committed to operating in a responsible manner, to create shared value for all our stakeholders and business partners, as well as for society. In this context, we developed a sustainability and ESG strategy, with a short, medium and long-term focus, ensuring commitment to reducing greenhouse gas emissions, increasing carbon capture and storage, minimizing water use, while aiming for a sustainable future.

Our values and commitments to sustainability in line with the latest trends and developments include the European Green Deal, the Paris Agreement and the 17 UN SDGs. The goal is to create value for our investors and stakeholders by setting specific goals, action plans aligned with positive impacts on the environment, society and the economy.

 

Elena Athussaki,

Head of ESG and Climate Change

Greek Sustainability Code

ESG Criteria Framework Implementation

Πρόκειται για ένα σαφές πλαίσιο ενσωμάτωσης και εφαρμογής των κριτηρίων ESG (Περιβάλλον, Κοινωνία & Διακυβέρνηση) από τους οργανισμούς για την υπεύθυνη λειτουργία τους, μετρώντας την οικονομική, κοινωνική και περιβαλλοντική τους επίδοση. Οι οργανισμοί δημοσιοποιούν την προσέγγιση και τις επιδόσεις τους στους άξονες της Στρατηγικής, της Διαχείρισης Διαδικασιών, του Περιβάλλοντος και της Κοινωνίας, περιγράφοντας τις πολιτικές και τις διαδικασίες που εφαρμόζουν, απαντώντας σε 20 κριτήρια Βιώσιμης Ανάπτυξης, με σκοπό την αυτοαξιολόγησή τους ως προς το επίπεδο ωριμότητας εφαρμογής των κριτηρίων ESG, τη βελτίωση της ποιότητας των δημοσιοποιήσεων και των επιδόσεών τους και την ανάπτυξη μιας ολιστικής προσέγγισης της βιωσιμότητας στην επιχειρηματική τους λειτουργία.

Ανάπτυξη Πρωτοβουλιών & Συμμετοχή στον Εθνικό Διάλογο για την Βιώσιμη Ανάπτυξη του θεσμού Bravo

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