×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
10
Nov 2026
weather symbol
Athens 15°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> Economy

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

“Investments in core infrastructure are needed,” noted the Chairman of METLEN during the UN Global Compact business sustainability survey

Newsroom September 24 12:30

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Sustainability emerges as a decisive factor for business resilience and growth, according to the new CEO Study 2025 by the UN Global Compact in collaboration with Accenture. Specifically, 88% of CEOs state that the business case for sustainability is stronger today than five years ago, while 99% plan to maintain or even strengthen their commitments to climate, the environment, and society — even if they choose to speak less publicly about them.

The survey, which captures the views of nearly 2,000 CEOs across 128 countries and 18 industries, records the shift from ambition to action at a time when 2024 marked the first year exceeding the 1.5°C threshold of the Paris Agreement.

As part 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 more actively in the global sustainability dialogue, embedding sustainable development in their strategic planning with the support of the UN Global Compact Network Greece, which brings together companies and organizations to apply the Principles of responsible business and achieve the SDGs.

Addressing the challenges, Evangelos Mytilineos emphasized:
“While the world is investing in green technologies and renewable energy, the foundations remain shaky. At the peak of summer, up to 25% of renewable energy production is lost because the grid cannot absorb it. Investments in core infrastructure are needed to ensure that we move forward strategically.”

For his part, Marcel Cobuz noted:
“By expanding our activity in alternative cementitious materials, we are promoting sustainability in construction through the circular use of industrial byproducts such as fly ash and slag, while at the same time responding to the ever-increasing demand for low-carbon, high-performance materials.”

Overall, the CEOs participating in the study stress that sustainability is a critical factor for business resilience, growth, and positive impact:

>Related articles

Electricity bills in Greece: How consumers can switch from expensive green tariffs to cheaper blue plans

Nvidia CEO Jensen Huang admits affair with suspected Chinese spy as board launches investigation

Samaras: “Mitsotakis’ neoliberal government has neither a vision nor an energy strategy”

  • 97% believe that by 2050 sustainability will be fully integrated into core strategies and linked to executive compensation.
  • Already, 93% report significant benefits from renewable energy over the past 25 years, while 72% foresee even greater progress in the coming years.
  • At the same time, 95% of CEOs underline that timely compliance with the international regulatory framework is a fundamental priority for top management, and 97% expect strong growth in digital monitoring tools and sustainable supply chains.

Despite the recognized role of innovation and technology in achieving the SDGs, businesses show delays — mainly in the use of digital monitoring and measurement tools for sustainability across value chains, as well as in workforce skills. Only 27% of CEOs are considering the use of such tools, while many admit they are only partially prepared for macroeconomic and environmental challenges.

Conclusion
The CEO Study 2025 proposes five strategies to help businesses close gaps and turn commitments into credible action:

  • Collaboration on regulatory frameworks to strengthen sustainable development
  • Responding to and leveraging consumer demand to drive innovation and competitive advantage
  • Expanding access to technology for inclusive sustainable solutions
  • Upskilling the workforce for long-term resilience and competitiveness
  • Leading with credibility and integrity to build trust and positive impact

The study concludes that the transition to sustainability is now inevitable, and that businesses acting swiftly will secure resilience and a leadership position in the market of the future.

Ask me anything

Explore related questions

#Accenture#CEO#energy#Metlen#Mytilineos#Paris Agreement#renewable energy#UN
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Nvidia boss Jensen Huang, the alleged Chinese spy and Trump: How an affair may have risked US national security

November 10, 2026

Crete-Cyprus interconnector: Research vessel to depart on Wednesday as fragile diplomatic talks continue

November 10, 2026

Greece could boost GDP by up to €5.5 billion by filling labour shortages as businesses turn to refugee workers

November 10, 2026

Mitsotakis’ raised voice, Athens next in line for tax crackdown, building rules row and Eurobank takeover speculation

November 10, 2026

Former footballers Pantelis Kafes, Spyros Vallas and Petros Kanakoudis named in Thessaloniki tax evasion case

November 9, 2026

Al Pacino’s new film to be shot in Greece, with filming set to begin in April

November 9, 2026

Artificial intelligence: The escalating arms race between hackers and companies

November 9, 2026

3,300-year-old sword discovered in Italian volcanic lake is still sharp

November 9, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα