ESO1: Report on LESTO's social responsibility 2015 published
OREANDA-NEWS. Energijos Skirstymo Operatorius AB (hereinafter - ESO), identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023.
ESO, which started it operations since January 1, 2016 after a reorganization merging LESTO AB (hereinafter - LESTO) and joint-stock company “Lietuvos Dujos” (hereinafter – “Lietuvos Dujos”) published LESTO Social Responsibility Activity Report 2015. This is the sixth annual report published both in Lithuanian and English.
The 2015 Report provides an overview of LESTO's progress in improving relations with customers and other market participants, the environmental projects in progress, as well as initiatives for employees and the society. The Report also describes LESTO’s 2015 programs and achievements in its pursuit of social responsibility objectives
According to Liudas Liutkevi?ius, the CEO of ESO, the Company contributes to a more sustainable society primarily by doing what it is best at – ensuring a reliable supply and distribution of electric energy. Furthermore, it is an active participant in public education campaigns emphasizing issues of safe and rational use of energy resources.
‘We are delighted to see that last year our efforts were publically recognized when LESTO received a number of awards – including the 'Sustainable school' project that we implemented together with the Lithuanian Children and Youth Centre. This project promoted reducing carbon footprint, and was selected at the Swedish business award contest as the best social responsibility initiative of the year. LESTO also received awards for progress in improving our investor relations and was ranked third in the best annual and the corporate governance reports' categories, and the best in interactive investor relations.
‘This recognition inspires us for further improvement, as we believe that in 2016, after we have introduced ourselves as ESO, the society will realise our efforts even more and the benefit we create', says the CEO of ESO.
During 2015, many of company’s employees became active participants in a range of our social responsibility activities: as lecturers on energy efficiency and the safe use of electricity they participated in a variety of events for communities and schoolchildren. ESO expanded association with libraries, which has become an extremely important channel to reach the residents of small towns and villages, and participate in their education by teaching them how to use the internet, and thus feel more comfortable in ordering daily services.
The company is a member of the United Nations Global Compact Initiative, and hereby submits its annual Progress Report that is drawn up on the basis of the Compact as well as on the Guidelines of the United Nations Global Reporting Initiative. The Guidelines are recommended to the members of the UN Global Compact as a means for them to measure and present their sustainability performance to both internal and external interested groups.
The Reports are published on the internet at www.eso.lt (Social responsibility section). The Reports, along with additional annual financial reports, are also published on the NASDAQ Baltic stock exchange’s website, and on the website of the Global Compact www.globalcompact.org.
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