Page 45 - GOLDAIR HANDLING APOLOGISMOS 2016
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5.2 FINANCIAL INFORMATION   G4-9  G4-10  G4-EC1  G4-EC8  G4-EN31  The reduction of its social and environmental footprint is   measures for adoption, where required, in order for the
 The steady growth of Goldair Handling in recent years contributes to the economic growth not only of the company   of major significance for the company. The protection and   company to further reduce its environmental footprint.
 itself and of its shareholders but also of the country in which it operates, as the company is committed to the creation   showcasing of the natural environment and its contribution   Additionally, the company enhances its response in case
 of value for the society in which it does business.   to  society  are  reflected  in  its  targeted  investment   of  environmental  incidents,  by  supplying  all  stations  in
            plan, which, includes environmental management and   its network with special spill removal powders (Puren
 For the financial year 2016, the company’s total assets stood at Euro 40,674,841.60. The analysis of the company’s   rehabilitation costs (waste management cost, emissions   and Microblaze) and by training its personnel on how
 assets and liabilities is given in Annex 8.3 of the present Report.  treatment cost, etc.), as well as the provision of financing   to properly use them. Finally,  Goldair Handling has
            to organizations, active  in voluntary actions and social   signed agreements with specialist hazardous waste
            contribution.                                      management companies for its entire network, as well
                                                               as agreements for collection and further management of
 DIRECT ECONOMIC VALUE  2015  2016
            In 2016,  Goldair Handling, in association with    its waste at Rhodes and Heraklion. Waste management
 Direct economic value generated  57,496,179.26 €  62,495,733.56 €  an  independent  company  certified  in  the  conduct   in the network’s other Stations takes place either
 Income (Net sales)  57,496,179.26 €  62,495,733.56 €  of specialized environmental studies, carried out   through licensed contractors of the Airport management
            environmental audits of the 14 regional airports under   organization (e.g. Athens Airport) or through the  local
 Economic Value distributed
            concession. The purpose of these audits was to record   Municipalities.
 Operating costs  18,268,513.59 €  19,232,027.47 €  and assess the environmental impacts resulting from
 Employee salaries and benefits  34,936,126.52 €  38,002,251.07 €  the company’s operations and to identify corrective
 Payments to financing organizations   1,010,390.71 €  1,037,080.79 €
                  The social product of Goldair Handling for 2016 amounts to €78,165,839.43 and is summarized below:
 Payments to the Government  17,386,797.65 €  21,289,802.96 €
 Community investments: Sponsorships to NGOs, voluntary organizations etc.  11,478 €  21,956 €
                                                       Payments to the     Expenditure
 Goldair Handling aims to promote responsible   The key objective of the company is to support local   Support   Support   State (taxes and   related to the   Donations
                  of employment       of domestic     contributions to the   protection of the   granted by the
 entrepreneurship by calculating and disclosing its   employment through the provision of jobs in the regions   (salaries and benefits)  suppliers  Public Sector)  Environment  company
 social product, as a responsible corporate citizen.   where it operates. The company’s presence in 26 Greek
 The social product of  Goldair Handling  is  defined   airports with 2,890 employees during 2016 (of which   38,002,339.02 €  18,680,275.45 €  21,289,802.96 €  161,318  €  10,148.80 €
 by the company’s contribution to employment (jobs   57.51% in Attica and 42.49% in the rest of Greece), is
 and  employee  benefits),  its  support  to  local  suppliers,   tangible evidence of the contribution and positive impact
 its contribution to the increase in State revenue, its   of the  Goldair  Handling  business units  and activities
 environmentally-friendly investments and its contribution   for Greece.
            5.3 RESPONSIBLE SUPPLY CHAIN       G4-12               EXPENDITURE FOR THE PROTECTION
 to volunteer associations and bodies.
              G4-EC8  G4-EN32                                          OF THE ENVIRONMENT 2016
            The responsible supply chain is defined as the combination                            11%
                                                                                      2%
            of managing environmental, social and economic
            impacts and of encouraging the implementation of sound                 1%
            governance practices throughout the service provision
            life cycle.


            Goldair Handling understands that the sustainable
            performance  of  its  suppliers,  results in sustainable
            products and services and, creates a sustainable, reliable
            and responsible organization.

            In the context of the responsible management of its
            supply chain, Goldair Handling takes into consideration
            factors such as society, the environment, the labor force,
            and the balance/prosperity of the local community where
            it operates.
                                                                                 86%
            The company’s main goal is to create, protect and help
            the growth, of environmental, social and economic
            value for all stakeholders involved in its service provision   MUNICIPAL WASTE MANAGEMENT
                                                                        CONSULTING SERVICES - STUDIES
            process.                                                    CERTIFICATIONS
                                                                        DE-POLLUTIONS


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