Sustainable Development

Environment (E)

Environment Indices (Ε)*

*Ιt should be noted that the published indices for 2021 have not been finalized yet and they might change, as the final internal confirmation and the independent limited assurance from an external consultant are still in progress. Any changes that might arise will be clearly indicated (including what changed and when). 

C-E1 | Direct Emissions (Scope 1)

Greenhouse gas emissions for electricity generation (CO2) (1)

(in million tons)


(1) It concerns emissions from facilities integrated in the European Emissions Trading System

Expected total scope 1 emissions will be presented in the Sustainability Report 2021


C-E2 | Indirect Emissions (Scope 2)

Expected total scope 2 emissions will be presented in the Sustainability Report 2021


Α-E1 | Other Indirect Emissions (Scope 3)

Expected total scope 3 emissions will be presented in the Sustainability Report 2021


A-E2 | Climate Change Risks and Opportunities

Annual Financial Report 2021

Risks associated with fluctuations in the prices of CO2 emission allowances, p. 22 of the annual financial report.

Risks Related to Climate Change, p. 25 of the annual financial report.

Risks related to climate conditions and seasonal variations, p. 25 of the annual financial report.

Risks related to extraordinary events (including natural disasters, adverse meteorological conditions), p. 28 of the annual financial report.

Climate Change Impact on Strategic Planning: Analysis of scenarios based on a short-, medium- and long-term analysis of the electricity systems of Greece and Southeast Europe, using a combination of short-term market analysis, optimization of energy systems aiming to achieve the lowest possible energy cost, modeling consumer behavior and analysis of technological trends for the development of commercially available technologies.

Scenario analysis creates different trajectories for the development of electricity systems, which are then evaluated focusing on the impact they have on PPC’s portfolio. The framework we have adopted allows us to clearly represent the relationship between the scenario variables and the various risks and opportunities and then to identify the strategic and operational solutions for their management.

Our approach to scenario analysis is also in line with the recommendations of the Task Force on Climate-related Financial Disclosures  (TCFD) of the Financial Stability Board.

To identify the key types of risks and opportunities and their impact on the company’s operations, in line with the TCFD principles, we evaluate different scenarios based on two frameworks:

• Risks and opportunities associated with climate change. These changes are divided into extreme weather phenomena and long-term changes in weather conditions, the first concerning extremely intense phenomena while the second more gradual but structural changes. To assess the impact of the risks related to climate change on the Group’s operations, PPC has selected three of the climate forecast scenarios developed by the Intergovernmental Panel on Climate Change (IPCC). The main variables are temperature, rainfall and snowfall.
• Risks and opportunities associated with the evolution of the energy transition, including economic, regulatory and technological conditions. Variables include changes in commodity prices, electricity consumption and competition standards, carbon price and emissions cap policies, energy transition incentives, decarbonization targets, flexibility and resilience, new technologies, products and services.


Α-E3 | Waste Management

Type of Waste

Quantity (t)

Percentage of Waste by Type of Treatment (%)

To Recovery Works (R)  Percentage (%) 

To Disposal Works (D)  Percentage (%) 

Total quantity of waste to be managed




Total quantity of hazardous waste to be managed




Total quantity non-hazardous waste to be managed




The above data are derived from the annual reports submitted for reporting year 2021 by the obliged facilities to the Electronic Waste Register (EWR).

For 2021, PPC has 64 facilities that fall under the scope of the Electronic Waste Register (EWR) as waste producers.


Α-E4 | Effluent Discharge

Urban wastewater treatment facilities (Biological treatment) always operate at the Company’s premises in accordance with the law. Where there is a monitoring obligation, the results of the analyses are within the statutory limits.


Α-E5 | Biodiversity Sensitive Areas

The areas where PPC’s mining activity is carried out are not part of the NATURA 2000 Network or other protected areas.

The Company’s hydroelectric facilities located within protected areas (based on the Ministry’s NATURA maps) are 8 and occupy an area of 78,29 km2   p. 180 Sustainable Development Report 2020

Also, within the protected areas lie the steam power plants of Kerateas-Lavriou as well as the steam power plant of Meliti (along with its disposal area of its solid byproducts).

It should be noted that PPC projects existed long before the establishment of Natura 2000 sites. The pan-European Natura 2000 network, for the protection of species and their habitats, was established in 1992 with the adoption of Directive 92/43 / EEC. The national list of areas of the European Ecological Network Natura 2000 was revised with JMD 50743/2017 (Government Gazette 4432 / Β / 15-12-2017).

Therefore, what is protected today are the ecosystems that were formed by the construction of hydroelectric projects (dams, artificial lakes, etc.) of PPC in combination with the operation of hydroelectric plants over the years.


SS-E1 | Emission Strategy

PPC’s environmental policy includes actions to limit carbon dioxide emissions in the electricity generation process to address climate change, one of the United Nations’ 2030 Sustainable Development Goals.

To limit CO2 emissions from thermal plants, and address climate change, it implemented actions and programs that include:

• Investments to replace old thermal power plants, with new modern high efficiency technology, and to improve the environmental behavior of existing units.
• Further development of hydroelectric projects and renewable energy projects. 
• Further integration of natural gas into the energy mix. 
• Promotion of energy-saving actions and rational use of electricity.
• Participation in research programs for the implementation of efficient lignite technologies.

The result of these actions is a reduction over time of the average CO2 emissions factor of PPC power generation system


SS-E2 | Air Pollutant Emissions


Emissions (t)

Sulfur Oxides (SOX


Nitrogen Oxides (NOx


Particulate emissions (PM) 


















The data in the table includes data published by PPC in the European Pollutant Release and Transfer Register (E-PRTR, Regulation 166/2006/EC) relating to the Interconnected System and the islands of Crete and Rhodes.


SS-E7 | Critical Raw Materials

During the company’s production process (lignite extraction and electricity generation), none of the 27 critical raw materials listed below and associated with the Index are used.

Coking Carbon
Heavy Rare Earths
Light Rare Earths
Natural Graphite
Natural Rubber
Metals of the platinum group
Metallic Silicon


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