Continuous growth based on the sustainable development principles is a strategic focus for our company and the Quest Group. For more than 10 years we recognize risks and opportunities that are related to Enviromnental, Social and Governance issues, enhancing our efforts towards maximizing our positive and minimizing our negative impact.
Our parent company, Quest Holdings, submitted a consolidated sustainability report for 2024, which is included in the Annual Financial Report 2024, subject to Law 5164/2024 – Government Gazette A’202, which incorporates into Greek legislation Directive (EU) 2022/2464 (CSRD) of the European Parliament and of the Council, of 14 December 2022, amending Regulation (EU) 537/2014, Directive 2004/109/EC, Directive 2006/43/EC, and Directive 2013/34/EU, regarding the submission of sustainability reports by companies (L 322) and Delegated Directive (EU) 2023/2775 of the Commission, of 17 October 2023, amending Directive 2013/34/EU of the European Parliament and of the Council regarding the adjustments of size criteria for very small, small, medium, and large enterprises or groups.”
This report incorporated data for all subsidiaries, Info Quest Technologies Romania, included.
Additionally Info Quest Technologies, publishes each year its own Sustainability Report, where more information on the company’s focused areas, actions and progress are published. See our latest sustainability report here Annual Sustainability Report.
ESG Group Strategy 2022-2030
As a Group we have formed a 2022 – 2025+ (2030/2050 for the Environment) Sustainable Development Strategy and we are committed to achieve long-term ESG goals concerning the Environment, Society, Corporate Governance and Sustainable Products that are related to our activity.
The Group’s ESG strategy is based on four (4) strategic pillars related to ESG: environment, people, responsible business and sustainable products. The ESG Strategy has been revised for the period 2025-2030 with 9 goals that add further value, differentiate the Group and enhance the sustainable development of its companies.
Strategic Pillars and Sustainable Development goals 2025 -2030
Environment
|
1 |
Reduction of absolute Scope 1 and 2 emissions by 40% by 2030 and Climate Neutral by 2050* |
|
2 |
Promote circular economy and eliminate avoidable waste by 2030 |
Our People
|
3 |
Maintain LTIF below 2.3 and TRIR below 1.2 for the Group’s employees by 2030*** |
|
4 |
Increase to 15 hours of average employee training by 2030with an emphasis in AI |
|
5 |
Creating an inclusive culture and acting as an ambassador for diversity and equity to empower our people to excel by 2030 |
Responsible Business
|
6 |
No incidents of high/very high severity data breaches by 2030 |
|
7 |
Link 15% of the variable remuneration (annual bonus) of the CEOs of the Group and the main subsidiaries to ESG goals by 2030 |
|
8 |
Sustainability evaluation process for suppliers every 2 years** |
Sustainable Products
|
9 |
>6% of revenue from sustainable products and services by 2025 |
|
10 |
>50% increase in Green ΜW installed base by 2025 |
* Reference year 2022 (1.5oC scenario). Climate neutrality by 2050 refers to scope 1 and 2 emissions, taking into account the maturity of technological developments. The target will be reviewed in 2030.
** For fair performance, suppliers with higher sustainability performance will be preferred.
*** Different ratios in subsidiaries ACS (LTIFR < 8.0 and TRIR < 4.2) and Info Quest Technologies (LTIFR < 2.5 and TRIR < 1.3)
