Global Sustain
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Member: Silver
Since: 06.06.2012

92, Marinou Antipa Avenue, GR-141 21 Heraklion, Athens, Greece


Responsibly benefiting the community and the environment
Fully aware of the responsibility its leading role in the revitalization of the Greek economy entails, since its establishment DEPA has incorporated Corporate Social Responsibility practices in its overall business strategy. The voluntary adoption of CSR principles consistently reflects the company's unwavering ethical commitment to a code of conduct which, along with its growth and development, ensures DEPA's positive contribution to the community and the environment.

For DEPA it is self-evident that economic development yields improved results when associated with the community's welfare and environmental protection. This firm conviction gains greater significance in light of the company's critical role in the resurgence of the Greek economy.

First and foremost, this strong association of CSR practices with financial growth ensures numerous tangible benefits for the company:
  • transparency and clear-cut operating procedures
  • more effective corporate governance
  • improved work environment
  • enhanced human resources performance
Especially in today's evolving and increasingly competitive business environment, DEPA's CSR programs and initiatives create added value and improve its long term prospects, decisively contributing to:
  • the establishment of a comparative advantage, making DEPA more competitive, more resilient and, certainly, more attractive to consumers
  • boosting the company's value
  • enhancing public trust
As part of its CSR agenda on environmental protection and community welfare, DEPA has launched a multifaceted program including a series of initiatives that focus on:
  • supporting "green" business ventures
  • improving public welfare, especially that of stakeholder communities
  • promoting Greek culture and civilization
  • sponsoring the arts, letters and sciences
  • supporting sports and education
  • respecting human values
  • actively protecting the environment, a fundamental company priority
The development of a comprehensive and systematic CSR program and the further improvement of related practices and procedures fully integrated with the company's management and operations, as well as with its overall community and environmental protection strategies, is a key priority for DEPA.

An equally significant company objective is to ensure that all CSR related activities yield both tangible and measurable results, which will be appropriately utilized to further improve the company's performance.

Recognizing that Responsible Corporate Behavior leads to sustainable business success, DEPA remains committed to a corporate strategy that consistently incorporates socially responsible practices.

Contributing to public welfare
As a responsible corporate citizen, DEPA aspires to be a model organization recognized for implementing significant projects and consistently contributing to society as a whole. Envisioning a better future for the entire Greek society, the company has developed a multifaceted human-centered program focusing on research, science, art, culture, education and sport. In fact, DEPA's social mission is not limited to these but has a much broader impact.

The company's role in the economic growth and development of Greece is undisputed. The natural gas transport network alone is one of the largest projects ever implemented nationwide. By creating new energy infrastructures, DEPA links Greece with a source of energy that is cheaper, safer, more efficient and certainly friendlier to the environment. By making Greece a crucial energy hub for Europe, the company advances the country's international status and attracts new investments and business ventures, thereby creating new employment opportunities. Moreover, it offers new growth prospects to thousands of businesses and light and heavy industrial concerns, while providing obvious benefits to millions of households and consumers.

DEPA's business activities have not merely altered the country's energy balance, nor is the company's contribution to Greek society limited to ensuring better and cheaper fuel and safeguarding, directly or indirectly, thousands of employment positions. Equally significant with the growth-related and financial benefits to society is the fact that, today, millions of consumers -irrespective of social or economic background- consider natural gas an obvious development that has unquestionably contributed to the improvement of their everyday routine and quality of life.

In addition to the above and in line with its commitment to consistent and meaningful social contribution, DEPA supports initiatives that affect the Greek society as a whole, focusing mainly on:

People, with an emphasis on the most vulnerable social groups. The company's objective is to contribute to improving the living conditions and enhancing the quality of life of disadvantaged social groups, whether on its own initiative or through joint efforts.

Science, research and education, with an emphasis on new technologies. DEPA, a strong supporter of the sustainable development of the market of the future and a staunch advocate of youth, undertakes initiatives related to employment opportunities for students and young scientists and the utilization and advancement of industrial and experimental research in scientific fields of particular interest.

Through similar undertakings, as well as grants and scholarships, DEPA supports artistic, cultural and sports initiatives (the latter through grants and sponsorships of amateur athletic associations and clubs), as well as socially worthy projects.