The companies with the highest performance in Sustainable Development and the ESG criteria were distinguished by the CR Index

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In an official event held on Tuesday 21 June 2022 at the Grand Hyatt Hotel, with the Support of the European Commission Representation in Greece, the 17 companies that performed exceptionally well in 2022 were awarded, effectively implementing Sustainable Development practices & ESG criteria according to the National Index CR Index and the CRI Pass.

For the fourteenth consecutive year, the Corporate Responsibility Institute has honored and rewarded companies that make a difference in responsible business, applying the ESG criteria related to their performance in environmental, social and corporate governance issues. The Institute of Corporate Responsibility, after 14 years of presence in Greece, has now supported more than 80 Greek and multinational companies from 12 different sectors, representing 20% ​​of our country’s GDP, to effectively and measurably incorporate responsible practices in their strategy.

The companies with the highest performance in Sustainable Development and the ESG criteria were distinguished by the CR Index

The CR Index is the first ESG Index in Greece that since 2008, evaluates the performance of companies in terms of society, environment, employees, corporate governance and the market, based on 100 international criteria, which are now prerequisites for the most important ESGs. indicators and standards. The CRI Index provides businesses with a useful strategic tool, which presents the strengths and points that can be improved, providing detailed data and comparison by industry and contributes to the improvement of ESG Ratings, which are of particular importance for the credibility of companies to investors- banks and other financial institutions.

This year’s event was prefaced by Mr. Christos Staikouras, Minister of Finance, Mr. Giannis Tsakiris, Deputy Minister of Development and Investment, Ms. Alexandra Sdoukou, Secretary General of Energy and Mineral Raw Materials, Ministry of Environment and Energy and Mrs. Vasiliki Lazarakou, Chairman of the Hellenic Capital Market Commission, who also awarded the companies.

CR Index & CRI Pass Award Ceremony

Also, the speaker of the event was Mr. Pantelis Tzortzakis, Vice President of the Hellenic Development Bank, who referred to the responsible investments. The event was attended by more than 130 representatives from the Greek and international business community, representatives of institutions as well as representatives of the media.

This year in Greece the first two DIAMOND awards were won by Pfizer and the National Bank, with the latter receiving the top distinction of the institution, for the second consecutive year.

Below are all the distinctions by category:

– DIAMOND: Pfizer, National Bank
– PLATINUM: GENESIS Pharma, Novartis
– GOLD: Athenian Brewery, Health, Athens Medical Club
– SILVER: Druckfarben, LIDL, DESFA, Johnson & Johnson Medtech
– BRONZE: EYDAP, National Insurance

The award for the greatest progress compared to last year’s evaluation:

– Best Progress PLATINUM Award: Novartis
– Best Progress GOLD Award: Health

The award for the best new company:

– Best New Entry: Johnson & Johnson Medtech

Honorary distinctions per evaluation pillar:

– Praise for SOCIETY: National Bank
– Praise for the ENVIRONMENT: EYDAP
– Praise for the WORKING ENVIRONMENT: Genesis Pharma
Praise for the PURCHASE: LIDL

The CRI Pass distinction was awarded to PRESSIOUS ARVANITIDIS, NIKAS SA and DHL. The CRI Pass this year is held for the 8th consecutive year by the Institute for companies that are taking their first steps in Corporate Social Responsibility.

The Chairman of the Board of the Institute of Corporate Responsibility, Mr. Dimitris Mavros, welcomed the attendees and in his greeting stressed: “Responsible companies show better financial performance and also recover faster from the crisis. This is the real competitive advantage of those in charge.”

Dimitris Mavros, President of the Institute of Corporate Responsibility

During the Award Ceremony, the Vice President of the Board. of the Institute of Corporate Responsibility, Mr. Nikos Avlonas, underlined that “Now is the right time for Greek companies to invest in the implementation of the ESG criteria, as is the new slogan of CRI -INVEST IN YOUR ESG FUTURE, while at the same time referring to the importance of the appropriate Assessment tools and the training of the executives and members of the Board of Directors in the new data, in order to ensure their Sustainability “.

Nikos Avlonas, Vice President of the Institute of Corporate Responsibility

The institutional representatives who prefaced the event jointly referred to the ever-increasing demand for ESG indicators and the integration of the principles of corporate responsibility and sustainability into the business strategy. The Ministry of Finance, the Ministry of Development, the Ministry of Environment and Energy, as well as the Hellenic Capital Market Commission, actively and actively assist in the integration of the ESG criteria, in the compliance with the new legislation and encourage actions towards a sustainable future.

Mr. Staikouras, Minister of Finance, stressed: “As the ESG indices become more and more in demand in the global investment map, the integration of the principles of corporate responsibility and sustainability in the business strategy, gives a competitive advantage”.

Mr. Tsakiris, Deputy Minister of Development and Investment, stated that “the Ministry of Development and Investment announces actions that contribute towards Sustainable Development, such as funded through the NSRF”.

Giannis Tsakiris, Deputy Minister of Development and Investment

Ms. Alexandra Sdoukou, Secretary General of Energy and Mineral Resources, Ministry of Environment and Energy stressed that “EU Taxonomy is a mechanism to promote financially beneficial actions, and the National Climate Law for the first time in Greece, is a sign to all a sustainable model of activity with greater respect for natural resources and greater emphasis on our quality of life “.

Alexandra Sdoukou

Finally, Ms. Vasiliki Lazarakou, Chairman of the Hellenic Capital Market Commission pointed out that “it is important that there is an awakening in the ESG issues and the Hellenic Capital Market Commission, as a regulatory body, actively participates in all forums at European and international level.

Vasiliki Lazarakou, Chairman of the Hellenic Capital Market Commission

The Hellenic Capital Market Commission is actively assisting in the integration of the ESG criteria and the compliance with the obligations required by the legislation “.

CRI PASS Index 2021-2022

CR Index 2021-22

Source: Capital

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