Κολέγιο CITY College
Main Campus, Thessaloniki, Greece
16 September 2024
Real-life project for Cetracore-Jetoil SA: CITY College Students Tackle ESG Reporting
Empowering Future Green Leaders: CITY College Students Tackle ESG Reporting for Cetracore-Jetoil SA
For undergraduate students, few opportunities are as impactful as working on a real-life project with an oil company. In line with CITY College’s mission to bridge academia with industry and its commitment to the public good, final-year students from the Business Administration and Economics Department embarked on a groundbreaking project: drafting an ESG (Environmental, Social, and Governance) report for Cetracore-Jetoil SA.
Under the supervision of Dr. Alexandra Prodromidou, the students utilised the ESG framework to assess the company’s current sustainability practices and reporting standards. By conducting in-depth interviews and consultations with internal and external stakeholders, the students explored the company’s sustainability vision and needs. They also received strategic input from the University of York Sustainability Clinic on how to avoid greenwashing, ensuring their proposals were both ethical and forward-thinking.
With invaluable guidance from Ms. Despoina Papadopoulou, Biofuels & Sustainability Specialist and Mr. Dimitris Boufeas, Head of Imports and Exports and Biofuels of Cetracore-Jetoil SA’s biofuels and sustainability team, the students gained first-hand experience in addressing key sustainability challenges shaping the energy sector’s future. Their final draft ESG reports provided the company with rigorous, research-based recommendations, contributing directly to Cetracore-Jetoil’s environmental, social, and governance initiatives.
Ms Despoina Papadopoulou commented: “Collaborating with CITY College on the creation of our draft ESG report was a truly impressive experience. The students demonstrated a high level of professionalism, delivering a well-structured and inclusive report that exceeded our expectations. Their attention to detail and thorough research highlighted their commitment and understanding of the project. We are grateful for this valuable partnership and look forward to future collaborations."
What is the Practicum?
Business Practicums are supervised action learning projects designed to provide students with an opportunity to manage a project for an organization (“participating company-client”). They aim to successfully bridge academic knowledge and the development of professional skills and employability.
They are team-based and normally delivered over a semester requiring students to devote an average of 150-200 hours in total (depending on the nature of the project). The student work is complemented by classroom-based teaching/mentoring.
The precise nature of the project can vary enormously depending on both the nature and the needs of the organisation. Participating companies can be large corporations or small local businesses. The common denominator is a genuine need for help with a problem or appreciation of the added value of some independent research beyond the resources or capabilities of the participating company. This may be a general management problem, a marketing issue, a finance matter or any number of specific challenges.
Accreditation and Recognition by:
