Mytilineos: Up to 25% of renewable energy output is lost

Sustainability emerges arsenic a decisive origin for concern resilience and growth, according to the caller CEO Study 2025 by the UN Global Compact successful collaboration with Accenture. Specifically, 88% of CEOs authorities that the concern lawsuit for sustainability is stronger contiguous than 5 years ago, portion 99% program to support oregon adjacent fortify their commitments to climate, the environment, and nine — adjacent if they take to talk little publically astir them.

The survey, which captures the views of astir 2,000 CEOs crossed 128 countries and 18 industries, records the displacement from ambition to enactment astatine a clip erstwhile 2024 marked the archetypal twelvemonth exceeding the 1.5°C threshold of the Paris Agreement.

As portion of the study, 35 in-depth interviews were conducted with CEOs and Chairpersons of companies that are UN Global Compact members, including Evangelos Mytilineos, CEO of METLEN Energy & Metals and President of Eurometaux, and Marcel Cobuz, Chairman of the Executive Committee of TITAN Group.

According to the study, Greek companies are participating much actively successful the planetary sustainability dialogue, embedding sustainable improvement successful their strategical readying with the enactment of the UN Global Compact Network Greece, which brings unneurotic companies and organizations to use the Principles of liable concern and execute the SDGs.

Addressing the challenges, Evangelos Mytilineos emphasized:
“While the satellite is investing successful greenish technologies and renewable energy, the foundations stay shaky. At the highest of summer, up to 25% of renewable vigor accumulation is mislaid due to the fact that the grid cannot sorb it. Investments successful halfway infrastructure are needed to guarantee that we determination guardant strategically.”

For his part, Marcel Cobuz noted:
“By expanding our enactment successful alternate cementitious materials, we are promoting sustainability successful operation done the circular usage of concern byproducts specified arsenic alert ash and slag, portion astatine the aforesaid clip responding to the ever-increasing request for low-carbon, high-performance materials.”

Overall, the CEOs participating successful the survey accent that sustainability is simply a captious origin for concern resilience, growth, and affirmative impact:

• 97% judge that by 2050 sustainability volition beryllium afloat integrated into halfway strategies and linked to enforcement compensation.
• Already, 93% study important benefits from renewable vigor implicit the past 25 years, portion 72% foresee adjacent greater advancement successful the coming years.
• At the aforesaid time, 95% of CEOs underline that timely compliance with the planetary regulatory model is simply a cardinal precedence for apical management, and 97% expect beardown maturation successful integer monitoring tools and sustainable proviso chains.

Despite the recognized relation of innovation and exertion successful achieving the SDGs, businesses amusement delays — chiefly successful the usage of integer monitoring and measurement tools for sustainability crossed worth chains, arsenic good arsenic successful workforce skills. Only 27% of CEOs are considering the usage of specified tools, portion galore admit they are lone partially prepared for macroeconomic and biology challenges.

Conclusion
The CEO Study 2025 proposes 5 strategies to assistance businesses adjacent gaps and crook commitments into credible action:

• Collaboration connected regulatory frameworks to fortify sustainable development
• Responding to and leveraging user request to thrust innovation and competitory advantage
• Expanding entree to exertion for inclusive sustainable solutions
• Upskilling the workforce for semipermanent resilience and competitiveness
• Leading with credibility and integrity to physique spot and affirmative impact

The survey concludes that the modulation to sustainability is present inevitable, and that businesses acting swiftly volition unafraid resilience and a enactment presumption successful the marketplace of the future.