Let me thank you for your invitation to attend and be informed about the actions of the Photos Photiades Breweries Group in relation to the environment. As an organisation with a long-standing presence in Cypriot business, the Group is once again leading the way, setting targets to reduce its environmental footprint with a time horizon of 2025, by adopting best practices that are environmentally friendly.
Recent developments from the global economic crisis, rising product prices and the high impact on the environment from abnormal growth have demonstrated that the sustainability of industrial and commercial activities can no longer be based on increased consumption of resources. Instead, there is a need to change the economic model of the Cypriot market, driven by the circular and green economy and the objectives of combating climate change.
The environmental commitments of Photos Photiades Breweries actively reinforce the company's motto of "Choice, a responsible initiative for nature". Recognizing that the environment and sustainable development are matters of choice for all of us, Photos Photiades Breweries is leading the way by incorporating into its business activities practices that contribute to the State's actions to transition to sustainable and green development.
Meeting all of the brewery's energy needs through investments in renewable energy sources, implementing energy reduction and recovery systems on the production line, connecting the company's by-product streams, such as excess mag Through these upgrades, the company ensures the high quality and safety of its products, while achieving the reduction of its environmental footprint.
Ladies and Gentlemen,
The major and, unfortunately, negative changes in the climate in recent years require action by governments worldwide to protect the environment for future generations. The design and implementation of policies focusing on the preservation of the environment are high on the priorities of the Christodoulides Government. In this direction, the General Directorate of Environment is soon to be created, aiming to achieve the green transition faster through horizontal organization and better functioning of structures.
The Ministry of Agriculture, Rural Development and Environment, based on the announcements of the President of the Republic, is working intensively for the implementation of model green policies, which aim at the proper management of our natural resources. We are making use of all European tools and funding offered through the European Green Deal, with the aim of improving the quality of life of our citizens in terms of sustainability.
We are convinced that we can transform our country into a resource-efficient, clean, green and competitive country. In our endeavour, we are investing in the support and cooperation of the private sector. Private initiatives, such as those presented today by the Fotos Fotiadis Group, enhance economic growth by integrating environmental protection with the ultimate goal of decoupling economic growth from resource abuse and environmental impact.
As a Ministry, we believe in the ability and willingness of all to choose responsibly to protect and preserve the environment and secure the future for future generations. I am confident that your courageous and ambitious environmental goals will set an example for the entire business world of our Cyprus and in concert with the actions of the State, we will all together perform our duty towards nature and the environment. Thank you.
(MKE)
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