Sustainability Magazine February 2023 | Page 95

MOTOR OIL

“COMMITMENT CASCADES DOWN TO MY DIRECT REPORTS AND ON TO THE ENTIRE ORGANISATION ”

NIKOS GIANNAKAKIS GROUP CHIEF INFORMATION OFFICER , MOTOR OIL digitalisation , and projects related to efficiency , health , safety , and the environment .
These investments are part of a plan to create jobs , growth , and value for stakeholders , while simultaneously being environmentally and socially responsible and contributing to the country ' s gross domestic product ( GDP ).
Four strategic pillars form the basis of this plan : the first is expanding the company ' s renewable energy portfolio through its subsidiary , MORE ; the second is building an electromobility network through investments in e-mobility , strategic partnerships and installing charging points at gas stations . The goal is to have over 1,000 charging points by 2023 , with a target of 4,000 by 2030 .
The third pillar focuses on the circular economy and alternative fuels , including the production of green hydrogen through a joint venture with PPC , the construction of a natural gas-fuelled power plant with GEK TERNA , and investment in solids and waste management .
The fourth pillar involves improving the resiliency and sustainability of Motor Oil ' s Corinth refinery , including the construction of a Naphtha Treatment Complex and the investment in a new propylene unit , as well as energy upgrades and infrastructure optimisation at the refinery .
sustainabilitymag . com 95