Energy & Climate Change

OTE Group recognizes that climate change is a global environmental problem the impacts of which affect its operation and stakeholders, and the whole range of economic activities as well as life on the planet.

In this context, a comprehensive program has been formulated and implemented that includes:

(a) the monitoring of energy consumption, 
(b) the calculation of greenhouse gas (GHG) and other gas emissions in accordance with the GHG Protocol,
(c) the identification of priorities, based on the results of the emission inventory,
(d) the implementation of measures for the reduction of energy consumption and the associated GHG emissions.

In addition, OTE Group companies participate in the climate change strategy of DT Group, in the context of which a reduction target of 20% for the DT Group’s CO2 emissions by 2020 (compared to 2008) has been set. In 2018, the definition of new Group-wide (DT) targets for the period beyond 2020 was examined. The revised group-wide targets include: covering the 100% of DT Group electricity consumption with electricity generated from renewable energy sources by 2021, a 90% reduction of scope 1 and scope 2 emissions and a 25% reduction of the most important scope 3 emissions (purchased goods and services, capital goods, and product lifecycle) per customer by 2030, compared with 2017.

OTE Group (Greece) has secured, for the 8th consecutive year, from PPC S.A., one of its electricity providers for 2018, Guarantees of Origin (GOs), assuring that for the total electricity consumption from PPC S.A., an equivalent amount of energy has been produced from Renewable Energy Sources. The GOs secured cover more than 98% of the 2018 electricity consumption of OTE Group in Greece.