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Regulatory News

29/07/2021

Hellenic Cables awarded a silver 2021 EcoVadis Sustainability Rating for its sustainability practices

Brussels, 29 July 2021

 

 

Cenergy Holdings announces that Hellenic Cables, its cables segment, received the silver medal for its business practices in the pillars of sustainable development. Hellenic Cables is among the 25% of companies evaluated by the platform, according to the assessment of the EcoVadis 2021 Sustainability Rating System.

EcoVadis is global leader for monitoring sustainability in global supply and, through the EcoVadis Sustainability Rating system, examines and evaluates more than 75,000 groups and companies worldwide across 200 industries in over 160 countries.

Ecovadis’ evaluation methodology focuses on evaluating a company’s sustainability performance using international standards. The evaluation focuses on 21 sustainability criteria across four themes which are environment, labor & human rights, ethics, and sustainable procurement.

Mr. Alexis Alexiou, CEO of Cenergy Holdings and of Hellenic Cables, commented: “This significant landmark of Hellenic Cables confirms our commitment to implementing responsible business practices in the field of sustainable development. Our goal is to further develop and improve our corporate practices and performance in sustainable development, aiming at an even higher level and contributing to a more sustainable future for all.”

 

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. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information about our company, please visit our website at www.cenergyholdings.com.

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