Prioritizing development that has a positive impact on society, the environment and governance, the Superfund and its affiliates implement ESG strategies, which they integrate into business operations, with tangible and measurable results.

As mentioned in today’s event, the Superfund has a dual role: it is an active shareholder in its portfolio companies and a responsible investor in the Greek economy.

It is worth noting that Greece in 2024, thanks to the performance of the Superfund, in terms of better management of state funds regarding the environment, society and resilience, rose to 12th place (16 places compared to 2022) in the Global Sovereign ranking Wealth Funds Scoreboard among 200 public and pension funds.

As an active shareholder, the Superfund requires its subsidiaries to implement specialized ESG action plans and ESG KPIs, which include actions such as annual Scope 1 & 2 Carbon Footprint Measurements, carbon footprint reduction roadmaps, Customer/Citizen Satisfaction Surveys, but and Employee Engagement and Satisfaction Surveys. In addition, the Superfund for the first time consulted with the candidate investors of the Kalamata airport concession, to incorporate ESG terms into the tender.

Moreover, at the initiative of the group, for the first time all subsidiary companies published sustainable development reports, an innovation for public sector companies, as until now only their financial reports were published.

More than 70 board members and 250 executives in the group have already been trained in sustainable development issues (Growthfund Sustainability Academy), with the aim of leading the green transition and implementing ESG actions.

The framework for monitoring and implementing the 130 ESG KPIs includes:

*Creation of an ESG team per subsidiary and designation of a Board member as responsible for ESG issues by the subsidiaries’ Boards.

*Creation of ESG Data Set to systematize ESG data recording.

*Preparation of ESG Policy and manual for subsidiaries (with technical assistance from the European Bank for Reconstruction and Development – EBRD).

*Expectation Papers: The directions that the Superfund has from its subsidiaries regarding their response to key issues, such as climate change and social inclusion, are communicated transparently to the managements of its subsidiaries.

*Implementation of ESG pilot projects with the aim of improving the lives of citizens (Monastiraki station and Vorras Ski Center).

The Sustainable Development Reports reflect the good performance of subsidiaries in critical sustainable development and ESG issues as follows:

Environment

OASA Group: -3% carbon footprint reduction target for 2024.

GAIAOSE: Recycling program of old wagons – 123 vehicles, Electricity from RES – 4,284,000 MJ, two Photovoltaic power generation parks.

ELTA: – 19.19% in electricity consumption.

TEF HELEXPO: 6 zero-waste exhibitions.

OKAA: -14.8% Energy Intensity Index (2022 vs 2021).

TAIPED: Participation in the newly established Green Tech Port energy community.

AEDIK: Participation in the TRIĒRĒS program by developing a pilot project for the use of hydrogen.

Greek Salt Pans: Production process using only sun & air, Biodiversity measurements in three salt pans.

KATH: 75% recovery of organic and recyclable waste produced on its premises.

Society

OASA Group: Monastiraki Station accessibility pilot project, Interventions aimed at improving the service of PWDs and +12.8% in the use of MMM by PWDs (PWD Index 2023 compared to 2022).

KATH: >1,000 tons of fruits and vegetables were distributed to vulnerable groups through the Social Plate initiative.

ELTA: 11,000 objects were made by the beneficiaries of the “Plan”, using old stamps.

AEDIK: mobile app & online ticketing for the company’s customers, creation of an accessible digital museum to highlight the history of the Canal.

OKAA: Healthy Habits- Educational program for school students, participation in Social Dining initiative, organization of eight voluntary blood donations.

ETAD: provision of online ticketing, accessibility improvement works at Parnassos Ski Center.

GAIAOSE: Upgrading of the railway station in Pyrgos.

OASA: Creation of a chatbot for better passenger service.

5G PHAISTOS holdings: 7 investments in start-ups.

Governance

KATH, ELTA: ISO certifications for hygiene and safety.

OASA, ELTA, ETAD: Strengthening accessibility and field inspections by groups with disabilities.

GIAOSE: ISO certifications for energy management and for environmental management.

Hellinikes Alykes, ELTA, OKAA: ISO certifications for environmental management.

Hellinikes Alykes, AEDIK: Rebranding design.

GIAOSE: Green Procurement Framework.

TIF- Helexpo: ISO certification for the organization of sustainable events.

T AIPED: Social impact study of the forest protection project by the Strategic Contracts Unit (PPF).

ETAD, OASA, OSY, STASY: Website accessibility checks.

In the same context, the Superfund’s participation in international networks such as the One Planet Sovereign Wealth Funds Network and the EMENA Network, demonstrates that at the heart of the business model it applies is sustainability and that it remains committed to international synergies to promote sustainable development.