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;Key findings;;Purpose;;Chart 2: How CEOs changed their response to the pandemic as a result of having their health, or a member of their family’s health, affected;Standing up for equality
At the beginning of the year, we found that CEOs were increasingly prepared to personally lead the way in tackling society’s major challenges. Around two-thirds (65 percent) said that the public is looking to businesses to fill the void on societal challenges. At the same time, 76 percent said they had a personal responsibility to be a ‘leader for change on societal issues’.
During the pandemic, there are numerous examples of companies playing a significant role in their country’s response, from developing products and services for front-line workers to financial contributions. At Hellenic Petroleum — one of Greece’s largest refiners and traders of petroleum products — CEO Andreas Shiamishis had a number of priorities when it came to addressing the
pandemic, including protecting his workforce, operational continuity and working capital. However, supporting society as it dealt with the crisis was also a major focus.
As a starting point, Hellenic Petroleum made a significant financial donation to Greece’s national health system, with the monies earmarked for much-needed medical equipment and supplies. But as well as its financial donation, Hellenic’s actions also strengthened the country’s ability to deal with the crisis. “We were nearly the only organization that from day one was focused on the testing of COVID,” he says. “In early March, we had already placed orders for very efficient
testing equipment. By importing them early, we doubled the country’s capacity for tests.” He sees this contribution as critical to cementing the strong bond between Hellenic and its communities. “We supported local communities through disinfection programs and various health and medical support initiatives,” he explains. “All in all,this reconfirmed our contribution and re-enforced the
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