Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Uncertainty generated by the international COVID-19 pandemic

Mitigation Strategies

• Reduction of the remuneration of the Board of Directors and other cuts applied to the company Management
• Strengthening the management team to focus on business growth
• Measures taken and the ability to innovate and adapt its offer to the “new normality”

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

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

Environmental Metrics

ESG Focus Areas

• Environmental, Social, and Governance (ESG)

Climate Goals & Targets

Environmental Challenges

• Upward trend of material costs
• Difficulties in the global supply chain
• Impact of COVID-19 pandemic

Mitigation Strategies

• Implementation of improvement initiatives
• Adequate price management
• Flexible employment and cost reduction measures in 2020

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRSs

Environmental Metrics

ESG Focus Areas

• Sustainability

Environmental Achievements

• Implementation of an ISO 14001 certified environmental management system in all Group production plants
• Establishment of reduction targets for consumption, raw materials and waste
• Use of recyclable and recycled materials in packaging processes
• Regular energy audits
• Implementation of renewable energy sources in factories

Social Achievements

• Long-term incentive for 6 key members of SIA Vendon, contingent on meeting sales and EBITDA targets and continued employment

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Inflationary pressures and additional costs arising from global uncertainty due to the conflict in Ukraine
• Supply chain disruptions
• Brexit impact on UK operations (Coffetek, Ltd.)

Mitigation Strategies

• Remarkably well managed inflationary pressures and additional costs
• Periodic reviews of external and internal indicators affecting trends in activity and resulting cash flows
• Monitoring foreign currency risk in relation to Coffetek, Ltd. and pounds sterling

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Definition of sustainability criteria for suppliers
• Drafting of a sustainable purchasing handbook

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Pollution
• Water and marine resources
• Biodiversity and ecosystems
• Use of natural resources
• Circular economy
• Working conditions
• Occupational health and safety
• Professional development
• Diversity and equality
• Inclusion
• Social dialogue
• Employee involvement
• Workers in the value chain
• Concerned communities
• Human rights
• Customers and end users
• Shareholders and investors
• Ethical, responsible practices
• Legal compliance
• Corruption prevention
• Privacy and personal data protection

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Respect for human and labor rights

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Sustainable Products
• Gender Equality
• Health and Safety
• Good Governance
• Transparency
• Sustainable Supply Chain

Environmental Achievements

• 100% of supply chain evaluated
• Commitment to carbon neutrality by 2040
• Reduction of environmental impact of products and processes
• Circular economy projects

Social Achievements

• Work-life balance plan
• Gender equality plan
• Health & safety code of conduct
• Social contribution
• Deployment of an effective equality model
• Contribution to the 2030 Agenda through social projects

Governance Achievements

• Establishment of a sustainability governance system
• Sustainability policy commitments
• ISO 9001 & 14001 certifications
• ISO 27001 implementation (Cybersecurity & data protection)
• Transparency (website and reporting)
• Sustainable finance (18% profit commitment)

Climate Goals & Targets

Supply Chain Management

Supplier Audits: 100%

Climate-Related Risks & Opportunities