Cenergy Holdings releases the Task Force on Climate-Related Financial Disclosures (TCFD) Report.
Athens, 27 December 2023
Cenergy Holdings announces the publication of its inaugural Task Force on Climate-Related Financial Disclosures (TCFD). This report reflects a significant milestone for the company’s ongoing commitment to transparency, responsible business practices and effective management of climate-related issues.
The TCFD report describes a comprehensive overview of Cenergy Holdings’ companies, Hellenic Cables & Corinth Pipeworks, addressing climate-related risks and opportunities in alignment with global best practices.
Highlights of the TCFD report include:
- Risk Assessment: Processes of identifying, assessing, and managing climate-related risks.
- Opportunities: The identification of business opportunities arising from the transition to a low-carbon economy, demonstrating our contribution to the energy transition with a wide variety of low carbon enabling products and solutions. .
- Metrics and Targets: Performance indicators and targets towards climate change mitigation.
- Governance: insight into the governance structure and procedures in place to monitor and oversee climate-related issues.
This TCFD report is a testament to our companies’ status and progress in line with the TFCD recommendations and our role in contributing to 1.5oC trajectory. We encourage everyone to review the report, which is available on our website: https://cenergyholdings.com/wp-content/uploads/2023/12/Cenergy-TCFD_Report_07_2023_6_12_23.pdf
About Cenergy Holdings
Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables. Corinth Pipeworks is a world leader in steel pipe manufacturing for the energy sector and major producer of steel hollow sections for the construction sector. For more information, please visit our website at www.cenergyholdings.com