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Sustainability Code

Creating the Greek Sustainability Code

The Greek Sustainability Code aspires to become a practical tool of transparency and self-commitment for organizations on issues of Sustainable Development and responsible business which responds to the requirements of the EU Directive on disclosure of non-financial data. In essence, the Code responds to the need for measuring the economic-environmental and social impact of organizations.

The Greek Sustainability Code draws important know how from the Sustainability Code at the European level that has been created by the German Council for Sustainable Development (RNE) (http://www.nachhaltigkeitsrat.de/en/home/) taking into account the particularities of the Greek market, the size of the organizations as well as their level of maturity with the goal to develop a common platform of sustainable development at the European level.
  • Supports the connection of organizations with sustainable development since it is based upon a proven methodology that has been tested by our German partners for its practical way of submitting reports of Sustainable Development& responsible management.
  • Constitutes a tool of internal improvement with regards to the overall strategy of a company.
  • Provides information to investors and operates as a means of measurement of corporate results taking into account nonfinancial indicators.
  • Gives the opportunity to present data with comparative indicators.
  • Responds to the requirements of the EU Directive with regards to the disclosure of nonfinancial data.

The Greek Sustainability Code is developed under a model of 20 Criteria that are based upon international standards such as the Global Reporting Initiative, Global Compact, OECD Guidelines for multinational companies, ISO26000, GRI, EFFAS, EMAS etc.

Find more information about Greek Sustainability Code Levels here and the Open Consultation.