FARIA Renewables’ ESG strategy is grounded in a place-based methodology that prioritizes local research and early stakeholder engagement. We begin with local-level assessment to identify the distinct characteristics of each area and to understand community context, priorities, and potential sensitivities.
We then initiate dialogue with local stakeholders and community members from the earliest project stages, with the objective of gathering insights directly from the people most affected and enabling participation from the outset. This process supports transparency, trust-building, and responsive project design.
Recognizing that local needs frequently differ between regions, we subsequently develop a tailored Community Engagement Plan. The plan outlines targeted activities designed to strengthen each community across relevant dimensions—social, environmental, and economic—ensuring that ESG initiatives are locally appropriate, inclusive, and impact-driven.
Before implementation begins, we meet with mayors and key local stakeholders to provide regular updates, ensure alignment with community expectations, and maintain an open feedback channel throughout project execution.
In the region of Domokos, our local assessment identified a clear environmental need: strengthening biodiversity and supporting local flora and fauna. To ensure our actions are science-based and adapted to local conditions, we commissioned an independent biodiversity study carried out by external experts, with a particular focus on the PV fields currently in operation. The findings of this assessment have informed our approach and the selection of targeted measures to enhance habitat quality and biodiversity outcomes across the project area.
The attached report presents the scope, methodology, and key considerations of this work, and outlines the activities proposed and/or implemented to support biodiversity enhancement within and around the PV sites.
In the region of Tempi, our consultation with local stakeholders—supported by meetings with the Mayor—highlighted persistent accessibility challenges and an urgent need for preventive interventions to support fire protection, particularly around community infrastructure such as schools and public spaces. In response, we implemented a set of practical actions focused on improving safety, access, and resilience ahead of the high-risk season.
Key activities included:
- Creation and maintenance of firebreaks: clearing vegetation (grass, weeds, etc.) around the Kalohori school and the local sports field to reduce fuel load and establish a firebreak.
- Site-adjacent risk reduction works: vegetation clearance around a water tank near the “Koryfi” photovoltaic site, combined with gravel laying/spreading to improve access and reduce fire risk.
- Road safety and accessibility improvements: cleaning and debris removal on various roads to improve passability and reduce hazards.
- Flood prevention and road protection: excavation of an approximately 30 m roadside drainage ditch using a hydraulic breaker, to prevent water from crossing the road and causing progressive deterioration.
These actions were selected based on locally expressed needs and were designed to deliver immediate community benefit, while also strengthening the region’s preparedness and overall safety.
In addition to the immediate accessibility and fire-prevention actions, we also initiated targeted studies aligned with locally identified community priorities. Specifically, we commissioned a study on improving/enhancing pollination in the area, aiming to strengthen biodiversity while also supporting local beekeepers and related livelihoods. In parallel, we launched a needs and feasibility study for a playground, responding to the limited availability of safe and accessible play spaces for young children in the region. These studies will guide the design of appropriate, locally tailored interventions and help ensure that future community investments are evidence-based and impactful.
In the region of Larymna, it was critical for us to build on the strong local research already conducted by the company from which we acquired the wind project. This ensured that ESG priorities and community investments were evidence-based, aligned with local needs, and designed to deliver tangible benefits for residents. Following that approach, a series of targeted interventions were implemented, focusing primarily on essential public infrastructure—education, health, and community sports facilities.
ESG activities delivered:
- Larymna Primary School: electrical and building/civil works
- Larymna Kindergarten & Daycare Center: electrical and building/civil works
- Larymna 5×5 football pitch: rehabilitation works
- Martino Primary School: electrical works
- Martino Indoor Sports Hall (covered gym): electromechanical works
- Martino Regional Medical Clinic: electrical and building/civil works
These initiatives contributed to social value by delivering safer, more functional learning environments and upgraded community facilities, while also strengthening local health infrastructure and improving access to essential services for residents.
They also enhanced community wellbeing and inclusion by improving access to sports and recreational infrastructure—particularly benefiting children and youth through safer, more usable facilities and expanded opportunities for physical activity and community engagement.
In the region of P, we identified strong potential for initiatives that can reinforce local economic development—particularly by supporting the production and promotion of local products such as viticulture (vine/grape and wine-related activities). Strengthening local value chains can contribute to new employment opportunities, which is especially important for smaller municipalities such as Almyros.
At the same time, given the region’s significant historical and cultural background, we also recognize the importance of supporting initiatives that preserve and showcase local heritage. In this context, activities aimed at establishing a regional museum are a priority area that FARIA Renewables intends to support, as they can enhance cultural identity, education, and sustainable local tourism.
