Also upgraded to GRI G3 Β+ rating
OTE’s 2009 Corporate Responsibility Report, which has just been published, is externally assured under the international AA1000 AccountAbility Principles Standard. This is the fifth annual review of OTE’s economic, social and environmental activities.
OTE's 2009 CR Report is one of the first by a Greek company to apply the AA1000 AccountAbility Principles Standard and develop its approach in terms of its three principles, namely inclusivity, materiality and responsiveness.
For the first time, the 2009 CR report was subject to external assurance by Deloitte, providing additional validity and valuable feedback on OTE’s approach and constantly evolving performance on CR issues.
As a result, the report was also upgraded to GRI G3 B+ rating. For the last four years, OTE has been applying to its CR report the G3 guidelines of the Global Reporting Initiative (GRI), while the last two it was rated at B level. Also, since 2008, OTE has also been included in the FTSE4Good Index.
On this occasion, OTE’s Corporate Communications Director, Mrs Deppie Tzimea, commented: “Despite the tough times, due to the major economic crisis, we move forward with actions rather than words, based on a specific plan & targets, while our commitment for responsible action in favor of all stakeholders remains unchanged. The external assurance of our 2009 CR report under the international AA1000 standard is a result of systematic efforts and constant development of our programme, which is an integral part of OTE’s business plan.
The report details OTE's contribution to sustainable development through its “Building Ties” programme - in the marketplace, with employees, with society and for the environment. However, this year, on top of that, OTE attempts to inform and motivate all stakeholders towards a more responsible attitude by suggesting simple ways through which anyone can help society and the environment. In special supplements, included in the report, OTE Group employees give simple advice on how to surf the internet safely, how to recycle properly, how to be “green” at work etc.
Both the report and the videos related to the supplements are available on-line at the microsite http://www.ote.gr/cr2009/
