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OTE Group: Commitment to a more sustainable world, better for everyone

At the disposal of all interested parties is the Unified Sustainable Development Report 2021, which reflects for one more year the commitment of the OTE Group companies to the Principles of Sustainability, as well as the progress made in 2021, with the aim of a more sustainable world, a better for all.

With sustainable development at the heart of its business strategy and by integrating more and more ESG commitments into its business operation, the Group contributes with a positive impact on the economy, society and the environment.

“As a technology company, we take responsibility for finding solutions to the most pressing challenges of our time through innovation and our sustainable products and services. For us, it is clear that sustainable entrepreneurship and profitable growth are complementary concepts, not conflicting. small or big steps each of us take can collectively make a decisive contribution to creating a sustainable world. Because our planet deserves nothing less. We will continue to take initiatives and actions today, to ensure a better world for everyone tomorrow.”, stated, among others, Mr. Michalis Chamaz, President and CEO of OTE Group in the message of the report.

The Unified Sustainable Development Report for 2021 includes important financial and non-financial data as well as other important performances of the OTE Group in matters of environment, society and corporate governance (ESG), while this year it was approved for the first time by the OTE Board of Directors, demonstrating the importance of of Sustainable Development for the Group.

The important results recorded in the report include, among others, the investments of more than €3 billion until 2027, implemented by the OTE Group in new generation fixed and mobile networks, FTTH and 5G, the reduction by 88% of direct and indirect of CO2 emissions from energy consumption (electricity, natural gas, diesel and gasoline) in the last five years, the achievement of zero waste from the provision of technology services and the participation of the OTE Group for the 2nd consecutive year in the “World’s Most Ethical Companies” list of the Ethisphere Institute .

Source: Capital

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