ESG

We are committed to achieving carbon neutrality and continuously reducing carbon dioxide emissions at the level of the entire MK Group system. We will make a special contribution in the coming period through new investments in energy generation from renewable sources.

We respect the soil and conserve its fertility through sustainable agricultural practices. We treat the use of all natural resources responsibly and their efficient consumption is an integral part of our business policy.

0 GWh

increase in green
energy production
in 2024

0 %

reduction in
pesticide use
in 2024

0 %

reduction in water
consumption in 2024

0 %

reduction in
wastewater volume
in 2024

Environment

Our ambition
for a green future

GAS EMISSIONS OF THE GLASS GARDEN
25% reduction in band 1 and band 2 emissions by 2026.

GREEN ENERGY
€900 million investment
In 1 GW of green energy by 2026.

WASTE MANAGEMENT
5% less municipal waste by 2026.

environment

Renewable energy
sources

The MK Group’s vision is a “green” Serbia, which is why we see renewable sources as a pillar of energy development. Our projects contribute to energy stability while protecting the environment.

Social impact
Employee care

Employees are the focus of all our business processes, as evidenced by training and development programmes, rewards and corporate culture promotion. We create an empowering work environment based on the principles of diversity, equality, inclusion and gender equality.

We listen to the needs of employees through regular annual surveys, because satisfied employees are at the heart of our company.

More than

0 %

of women on the
Board of Directors
of MK Group

More than

0 %

of women in
leadership positions

0 €

Value of training
for employees
in 2024

Engagement index
in 2024

Social impact

Our ambition for the organisation of the future

GENDER EQUALITY
50% of women in management
positions until 2026

EMPLOYEE SATISFACTION
95 engagement index
employees until 2026.

SAFETY AND HEALTH AT WORK
365 days without injury or fire

Social impact

Caring about the community

We are committed to developing the local communities in which we operate. We have committed to allocating EUR 5 million for socially responsible activities in the next 5 years. We will continue expanding our “Family Support” regional philanthropic programme to provide support for children and parents, as well as measures to stimulate the birth rate. We remain focused on education, healthcare and assistance to vulnerable social groups.

0 million €

for the opening of the Miodrag Kostić Endowment – Palace of Science

0 €

for 4 student dormitories
Adria region in 2024.

0 t

for the CSR program
“Support for Families”
in 2024

0 €

for SOS Children’s Villages
in 2024

SOCIAL IMPACT

Our ambition for the organisation of the future

FAMILY AND PARENTHOOD SUPPORT

PROGRAMMES FOR CHILDREN AND YOUTH

EDUCATION SUPPORT

SUPPORT FOR HEALTHCARE INSTITUTIONS

ASSISTANCE TO VULNERABLE SOCIAL GROUPS

Miodrag Kostić Foundation

With a contribution worth 25 million euros, the Miodrag Kostić Endowment has opened the first center for research and popularization of science in Serbia – the Palace of Science. Covering more than 5,500 m², it offers visitors a variety of scientific content, along with 19 research centers from the Faculty of Electrical Engineering at the University of Belgrade.

Find out more about the contents of the Palace of Science.

Donations to kindergartens

The MK Group and AIK Bank donated to 20 kindergartens in Serbia, Slovenia, Montenegro and Croatia during 2023. Donations in the total amount of EUR 680,000 were used to renovate and equip preschool institutions so that children could have the best conditions and the most creative environment possible.

Donations to student dormitories

During 2024, MK Group, together with AIK Bank in Serbia and Gorenjska Bank in Slovenia, implemented a regional CSR project of donations to student dormitories. Donations with a total value of 350,000 euros were awarded to four student dormitories – in Belgrade, Podgorica, Ljubljana and Zagreb.

Corporate
governance

Improving corporate governance at the group level is one of the goals set for the five-year period. During 2024, several status changes were implemented within the system with the aim of achieving greater organizational transparency and sustainable corporate governance. This initiative is part of a broader ESG framework, focusing on strengthening the principles of good governance. Through restructuring, we have formed a more clearly defined ownership structure that accurately reflects the three key divisions of our business: agriculture, tourism, and real estate, as well as green energy production. Such reorganization enables more efficient risk management, more transparent financial reporting, and stronger accountability by segments, thereby laying the foundation for long-term sustainable growth and development of each business branch.

Mission

We grow by creating an environment
in which personal and team potentials are realized, with optimal management
and responsible behavior.

Vision

We create value through the development of people, business and society as a whole.

Values

Excellence, Empowered People
Constant development, Synergy

Corporate governance

Naša ambicija za organizaciju budućnosti

Achieving productivity and profitability is supported by a clearly defined organisational structure and procedures, as well as a corporate culture based on values, missions and vision that connect employees and contribute to achieving the business goals.

ESG management

We have a strategic approach to managing ESG topics: we have defined five-year goals, established a system for non-financial reporting, and formed an ESG structure and a team that will be responsible for managing ESG risks and opportunities. We will continue to transparently inform stakeholders and regularly monitor our progress in achieving the set goals in order to be champions of sustainability.

Key areas of the MK Group ESG strategy: