Ethical investment

The agricultural sector faces many problems but also challenges, and not only in Greece.

Establishing financial incentives is a positive step, but it must then be combined with an overall strategic plan for the sustainable reconstruction of the primary sector, its reorientation to new crops and its adaptation to the conditions of the climate crisis{

The Bulgarian Parliament has approved amendments to the Accounting Law, mandating that enterprises include a sustainability report in their activity reports. This new requirement, effective for the 2024 accounting year, aims to provide a comprehensive view of corporate sustainability by analyzing both financial and socio-economic impacts of a company's activities.

As of Monday this week, Thessaloniki Port Authority (ThPA) and Motodynamics form part of the Athens Stock Exchange ESG index.

The Industrial Development Bank of Türkiye (TSKB) has announced that it obtained a $155 million loan from the World Bank, with the guarantee of the Treasury and Finance Ministry, to establish the Türkiye Green Fund.

The European Commission proposed on Wednesday that nuclear energy and natural gas be classified as sustainable for the period of transition to a carbon-neutral economy.

"The reason for the inclusion of gas and nuclear energy is that we firmly believe that these energy sources are necessary for the transition," said EU Financial Services Commissioner Mairead McGuinness.

Sustainable orientation and business will mark the future of companies. Gradually, there will be higher added value and competitive advantage in the market while reducing environmental risks that have a negative impact on people and the environment.

MYTILINEOS is included in the list of Ιndustry Top Rated Companies by the international ESG rating agency Sustainalytics, as a result of its very good performance in the ESG and Sustainable Development criteria for 2021.

The integration of environmental, social and governance indicators (ESGs) into both bank financing criteria and the investor portfolio marks a new era in our economic life.

Successful companies live up to Greek concept of "philotimo", according to a recently published article in the Harvard Business Review.

The article's author credited the Washington Oxi Day Foundation's "philotimo" video for its inspiration.