Motor Oil Group at the forefront of energy transition

2025 was a pivotal year for Motor Oil Group, accelerating its transition towards an integrated and diversified energy portfolio. Last year’s ESG performance is not just a formal commitment to compliance, but demonstrates in practice that sustainability is now at the core of the organization’s strategy and operating model.

Green investments and European taxonomy

The Group is steadily progressing with the implementation of its ambitious investment plan, amounting to over €4 billion by 2030, with the main goal of creating a renewable energy portfolio exceeding 2 GW. Through its subsidiary MORE, it already manages 847 MW of contracted RES projects, generating 1.7 TWh of “green” electricity annually — a figure that prevents the emission of more than 400,000 tons of greenhouse gases.

At the same time, the commitment to energy innovation is confirmed by the start of operation of three new energy storage facilities (BESS), with a total capacity of 144 MWh. It is worth noting that 65.31% of the total capital expenditure (CapEx), corresponding to €379 million, is fully aligned with the strict requirements of the European Taxonomy.

Circular economy and protection of the ecosystem

For Motor Oil Group, energy transition goes inextricably through the circular economy. During 2025, LPC recycled 36,411 tons of used lubricants, while VERD produced 29,834 tons of biodiesel from waste cooking oils, preventing the release of 64,000 additional tons of greenhouse gases. On the micromobility and electromobility front, the “incharge” network expanded dynamically, exceeding 2,200 electric vehicle charging points throughout the territory.

In addition, the Group’s environmental sensitivity is reflected in its extensive Forestry Program. Last year, more than 1 million plants (1,045,862) were cultivated, of which over 520,000 were allocated for reforestation. This initiative recorded an impressive social return on investment (SROI 1:3.71), indicating that for every 1 euro invested, 3.71 euros are returned in social and environmental value.

Human capital and strong governance

Behind the business figures lies the non-negotiable investment in people and transparency. In 2025, the Group offered 126,498 hours of training to 3,511 employees, while the strong climate of trust was confirmed by a participation rate of 95% in the biennial Employee Survey. The overall impact on society and the economy is absolutely measurable: the social contribution reached €11.2 million, creating a total social product exceeding €1.2 billion.

Responsible entrepreneurship is further reinforced by a strict corporate governance framework. During the reporting period, there were zero breaches of business ethics, no fines for corruption incidents and no breaches of customer data or privacy. At the same time, €24 million was budgeted for the Group’s digital transformation, while the ESG culture is also being extended to the supply chain, with 28% of key suppliers undergoing an assessment process based on sustainability criteria.

Through this performance, Motor Oil Group is not simply adapting to the new era, but continues to build a future where strong economic growth, social contribution and environmental responsibility go hand in hand.

Published in “White Paper: The Greater Riviera”, NouPou Media’s special edition spotlighting the future of coastal Attica.