A new collaboration with Hydropower Sustainability Alliance (HSA), inaugurated by PPCwith the aim of integrating optimal international practices throughout the hydroelectric portfolio, as well as accelerating the achievement of targets viability of the group.
This cooperation is an important step in the overall sustainability strategy of the PPC Group to lead the energy transition to Greece and the wider region, with an emphasis on environmental, society and corporate governance (ESG) performance. In the context of its efforts to accelerate the full release of the energy mix, the PPC Group is proceeding with the ambitious plans for withdrawal of lignite units, while utilizing former lignite mines to develop important projects, including PSH projects.
In May 2025, as part of the official launch of the two companies’ cooperation, HSA executives visited the PPC Group Administrative Team in Athens. The visit also included “Certified User” training for 32 employees of the Group, who were equipped with the necessary tools to evaluate and improve the ESG performance of existing and under the development of hydroelectric and pumping projects of PPC, using Hydropower Sustainability Standard.
A series of actions are planned for the rest of the year, including self-assessment of selected projects and training of internal evaluators. In the context of the cooperation, the official evaluation of a PPC Group’s hydroelectric project is also foreseen within the year, with the aim of certifying it under the HSS standard.
The General Manager of the Sustainable PPC Group Development, Mr. Achilleas Ioakimidis, said: “The PPC Group is radically transformed, with the aim of achieving zero greenhouse gas emissions throughout the chain of value, until 2040. Hydroelectric power plays a decisive role in our strategy for pure energy, and the adoption of HSS template is a key step to ensure that our hydroelectric and pumping projects meet strict criteria in terms of environment, society and corporate governance. Our collaboration with Hydropower Sustainability Alliance supports our vision to lead the energy transition to Greece and Southeast Europe, with responsibility and transparency. “
João Costa, Executive Director of the Hydropower Sustainability Alliance, said: “Our collaboration with the PPC Group reflects a strong commitment to sustainability and internationally optimal practices in the development of hydroelectric projects. The PPC Group has a leading role in the region, incorporating the core of all its functions excellent ESG practices, based on Hydropower Sustainability Standard. We are proud to support this route through training, enhancement of skills and project evaluations, and we look forward to seeing this ambition translated into tangible results. “
Hydropower Sustainability Standard (HSS) is a worldwide recognized framework for evaluation and certification of hydroelectric projects, based on strict sustainability criteria. Through its adoption, the PPC group seeks to further strengthen its position as one of the most responsible and innovative energy groups in Europe.