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.
Find out more on our focused areas, actions and progress on 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.
Environment
|
1 |
Reduce Scope 1, 2 absolute emissions by 40% by 2030 and Climate Neutral by 2050* |
|
2 |
Promote circular economy and eliminate avoidable waste by 2025 |
Our People
|
3 |
Maintain LTIF below 2.3 and TRIR below 1.2 for the Group’s employees by 2030 |
|
4 |
10% increase in employees’ training hours by 2025 |
|
5 |
Build an inclusive culture and act as an ambassador of diversity and equity to empower our people to excel by 2025 |
Responsible Business
|
6 |
Best effort to maintain zero data breach incidents by 2025 |
|
7 |
Link 15% of variable pay elements (annual bonus) of Group’s and main subsidiaries CEOs with ESG targets by 2025 |
|
8 |
Incorporate ESG criteria into our supplier assessments by 2025** |
Sustainable Products
|
9 |
>6% of revenue from sustainable products and services by 2025 |
|
10 |
>50% increase in Green ΜW installed base by 2025 |
* Base year 2021 (1.5oC scenario). Carbon neutrality by 2050 refers to scope 1 & 2 emissions, taking into account the maturity of technological advancements. The target will be revised in 2030.
** For equal performance suppliers with higher ESG scores will be preferred.
