Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, IIRC

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Corporate Governance
• Supply Chain Sustainability
• Social Impact

Environmental Achievements

• 100% of electricity at all main warehouses comes from renewable sources.
• Installation of solar panels at the largest European facility (Leganés).
• Improved reusable box percentage (Spain, France, Italy).
• Achieved Excellent BREEAM certification in Italy.
• Championing intermodal transport and electric vehicles.

Social Achievements

• Launched “Leadership and Inclusive Environments” training.
• Rolled out “Empowering Female Talent” program.
• Increased employees with disabilities by 23% (172 in 2022).
• Reduced absenteeism by 3.5%.

Governance Achievements

• Approved a new remuneration policy for 2022-2024.
• Updated whistleblower channel policies.
• Updated internal auditing guidelines.
• Developed a group compliance model.

Climate Goals & Targets

Environmental Challenges

• Soaring raw material and fuel prices leading to inflation.
• Supply chain disruptions.
• Transport sector strike in Spain.
• Decline in traditional tobacco market.
• Lack of drivers in the transport sector.
• Market liberalization in some countries.
• Cybersecurity threats.

Mitigation Strategies

• Efficient management to offset macroeconomic effects.
• Cost reduction measures and restructuring plans.
• Transferring rising costs to clients.
• Agreements with suppliers to manage stock shortfalls.
• Value-added services and high-value goods transport.
• Cost recovery mechanisms (tariffs indexed to fuel prices).
• Long-term agreements with drivers.
• Diversification strategy.
• Cybersecurity budget and plan, including training.

Supply Chain Management

Supplier Audits: 708/year

Responsible Procurement

• General principles of conduct for suppliers.
• Procurement policy emphasizing ethics, labor, sustainability, quality, and client satisfaction.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (floods, snowstorms)

Transition Risks

• New regulations related to climate change.
• Technological changes in transport.

Opportunities

• Efficiency gains from using more efficient transport.
• Cost reductions from renewable energy.

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: ISO 9001, GDP, GMP, AEO, TAPA, ISO 14001, IFS Logistics, ISO/IEC 27001, BREEAM, LEED

Third-party Assurance: Ernst & Young, S.L.

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 8 (Decent work and economic growth)
• Goal 13 (Climate action)

Logista's initiatives contribute to these goals through renewable energy use, job creation, and emission reduction targets.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• CDP's A List (climate change leadership)
• CDP Supplier Engagement Leader
• Financial Times Diversity Leader

Environmental Metrics

ESG Focus Areas

• Climate change
• Responsible supply chain management
• Good governance
• Human capital
• Commitment to society

Environmental Achievements

• Warehouses in Spain, Italy, France and Portugal, and major warehouses in Poland run on renewable energy with origin certification or with low carbon electricity.
• Exceeded the target of increasing the distance travelled (km) by low-emission vehicles managed by Logista Freight, Logista Parcel and Nacex by 15% between 2021 and 2023 (achieved 18.5% increase).
• Reduced emissions by 4.9% in 2023 (ERI of 0.97 vs 1.02 in 2022).

Social Achievements

• Featured on the Bloomberg Gender Equality Index, ranking above average for companies in our sector.
• Recognized for the third year in a row as one of the European companies leading the way in diversity (Financial Times Diversity Leaders 2023).
• 18 training workshops, involving 27 Logista volunteers and 190 attendees, were held in partnership with the Integra Foundation, leading to 13 of the attendees being hired to join the company and 55 of the attendees being hired elsewhere.
• In 2023, 195 people with disabilities have joined the Logista team, up 11.6% on the previous year.

Governance Achievements

• Updated sustainability policy approved by the board of directors.
• Obtained certifications for criminal compliance, anti-bribery, and whistleblowing channel management.
• Approved a new sustainability governance system.
• Approved a new criminal compliance policy.

Climate Goals & Targets

Environmental Challenges

• Complex macroeconomic environment with inflation and rising interest rates.
• Geopolitical instability (Russia-Ukraine conflict, events in Israel).
• Decline in traditional tobacco volumes.
• Shortage of drivers in the transport sector.
• Cybersecurity threats.
• Risk of theft of tobacco.
• Competition in regulated markets.
• Regulatory risks.
• Tax disputes and potential increase in taxes.

Mitigation Strategies

• Diversification strategy through acquisitions.
• Cost containment measures, restructuring, and optimization plans.
• Price increases for customers (in accordance with contracts).
• Attracting and establishing long-lasting agreements with drivers.
• Incorporating its own fleet (acquisition of El Mosca).
• Cybersecurity plan with measures such as intrusion tests and threat surveillance.
• Implementing highest security standards and insurance policies.
• Strict compliance with the law and support from specialists.
• Constant monitoring of regulatory and legislative processes.
• Criminal risk prevention models and zero tolerance for fraud and corruption.
• Legal defense and monitoring of legal proceedings.
• Provisioning for potential tax liabilities based on expert opinions.

Supply Chain Management

Supplier Audits: 646/year

Responsible Procurement

• General principles of supplier conduct; ESG criteria incorporated into supplier procurement process from October 2023.

Climate-Related Risks & Opportunities

Physical Risks

• Heavy rainfall damaging assets

Transition Risks

• Increased costs of GHG emissions; cost of transitioning to lower-emission technology.

Opportunities

• Use of more efficient modes of transport; use of low-emission energy sources.

Reporting Standards

Frameworks Used: IIRC, GRI Standards

Certifications: ISO 14001, ISO 9001, GDP, GMP, AEO, TAPA, ISO 13485, IFS Logistics, ISO/IEC 27001, ISO 22000:2018, Lean & Green, UNE 19601, ISO 37001, ISO 37002, ISO 45001, IFS Global Markets Food

Third-party Assurance: Independent external review

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Eco-friendly refrigerated packaging; mobile app (Logista Per Te).

Awards & Recognition

• Ecovadis silver medal; CDP A- rating; CDP Supplier Engagement Leaderboard; Financial Times Diversity Leader; Bloomberg Gender Equality Index; B2B Scaleups Award.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Diversity & Inclusion
• Responsible Supply Chain
• Governance

Environmental Achievements

• Increased the kilometers rolled by a sustainable fleet to 84.2% in 2024 (target of 90% by 2026)
• Initiated the use of biofuels in 2024 (aiming for significant emission reduction)
• Reached close to 29,500 points of sale signed up to recycling schemes for new-generation products in Italy by the end of 2024 (target of 33,800 by 2026)

Social Achievements

• Increased the number of people with disabilities working by 16% in 2024
• Achieved 93% talent density in critical positions by the end of 2024 (target of 95% by 2026)
• Renewed or formed new agreements with foundations and associations to promote social integration

Governance Achievements

• Updated rules and regulations governing the board and its committees
• Implemented a three-year sustainability plan (2024-2026)
• Obtained criminal offence prevention, anti-bribery, and whistleblowing channel system compliance certifications

Climate Goals & Targets

Environmental Challenges

• Complex macroeconomic environment
• Geopolitical uncertainty (Russia-Ukraine conflict, Israel-Palestine conflict)
• Lower demand in European long-haul transport
• Lack of drivers in the transport sector
• Cybersecurity threats
• Digital disruption
• Competition risk in regulated markets
• Regulatory compliance risks
• Potential legal disputes
• Changes to payment cycles or fiscal policies
• Impairment losses on fair value of assets

Mitigation Strategies

• Diversification strategy and acquisitions of complementary businesses
• Cost reduction measures and restructuring plans
• Value-added services and customer loyalty programs
• Cost recovery mechanisms (indexed transport tariffs)
• Long-term agreements with drivers and transport companies
• Increased cybersecurity budget and training
• Digital transformation strategy
• Third-party specialist support for legal defense
• Specific standards and procedures for legal compliance
• Robust debt collection mechanisms and lower credit limits
• External insurance policies and property valuations
• Impairment testing in accordance with international accounting standards

Supply Chain Management

Supplier Audits: 698 audits in 2024

Responsible Procurement

• General principles of supplier conduct
• ESG criteria incorporated in supplier contracting process
• Objective and rigorous tendering and selection process

Climate-Related Risks & Opportunities

Physical Risks

• Heavy rainfall damaging assets

Transition Risks

• Increased costs of GHG emissions for transport
• Higher cost of transitioning towards lower-emission technology

Opportunities

• Use of more efficient modes of transport
• Use of low-emission energy sources
• Use of biofuels

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: ISO 14001, ISO 45001, UNE 19601, UNE-ISO 37001, UNE-ISO 37002, UNE 19602:2019

Third-party Assurance: SGS

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Integra Foundation’s 2024 Volunteer Award
• Actualidad Económica award for Solidarity Blankets initiative
• Integra Foundation award for volunteer work
• Scaleups B2B Award from the Empresa y Sociedad Foundation
• Reforest Project Awards’ “Pala de Oro”