Description of the CSR Governance system
1. GROUP CSR COMMITTEE
The CSR Committee of MYTILINEOS HOLDINGS S.A. includes the Group Chairman among its members and is primarily responsible for supervising and ensuring the correct implementation of the CSR Governance in MYTILINEOS HOLDINGS S.A. in terms of policies, targets, actions and results in connection with environmental, social and ethical issues. The Committee reviews and approves the Sustainability Report ensuring that all material issues are addressed. It may also act in the capacity of advisor to the Group’s Executive Management and to the relevant Board Committees on the above issues, to assist their implementation in a more complete manner.
2. GROUP LEGAL & REGULATORY MATTERS DIVISION
In addition to its other main responsibilities, it plays a key role in the formulation of the Company's s environmental strategy. It is informed of the latest developments in the European environmental regulations and proposes ways for ensuring the alignment of the Corporate Strategy. It works closely with the Group's subsidiaries and the competent Executives on all Environmental Strategy matters arising. Additionally, in collaboration with the Managing Directors of the Group’s subsidiaries, it coordinates joint actions that support and promote the approved strategy.
3. EXECUTIVE MANAGEMENT OF GROUP SUBSIDIARIES
The Managing Directors of the Group's subsidiaries, having full responsibility for the results and the operational planning of their respective Activity Sectors, are actively involved in the management of social and environmental issues, providing the CSR teams of their companies with the necessary directions and ensuring that the Key Performance Indicators (KPIs) are in line with the strategic goals of the Group and of their company.
4. CSR TEAMS OF GROUP SUBSIDIARIES
The individual CSR teams of the Group's subsidiaries operate within specific and clearly defined duties and obligations, to implement the policies of the Group's parent company, MYTILINEOS HOLDINGS S.A., as well as the CSR programs at the level of the individual subsidiaries.
5. GROUP COMMUNICATION DEPARTMENT
With its crucial coordinating role, the Group Communication Department is responsible for providing support to all subsidiaries, to ensure compliance with the relevant standards and goals of the Group's parent Company, MYTILINEOS HOLDINGS S.A.
6. ESTABLISHED STAKEHOLDER CONSULTATION PROCESS
The process of Consultation with Stakeholders is a long-established principle of the Group responsible operation, contributing decisively to enhance transparency and further improvement of its subsidiaries CSR strategy and initiatives.
7. COMPANY CODES
Key to the governance of CSR is the compliance with the Professional Ethics Code, which coversthe general principles and rules that must govern the Management’s commitment towards the employees and the professional conduct of all people working in the Companies of the MYTILINEOS Group. Furthermore, of equal importance is the compliance with the newly-introduced «Code of Conduct for Supplies and Business Partners», which describes the minimum requirements/expectations of MYTILINEOS HOLDINGS S.A. from its supply chain actors regarding CSR-related issues as a prerequisite for the commercial cooperation between the two sides.
