Climate Change Data

Vocento, S.A.

Climate Impact & Sustainability Data (2011, 2020, 2021, 2023)

Reporting Period: 2011

Environmental Metrics

Total Energy Consumption:33,806,475 KWh (plus 6,385,440 KWh from 57 low-tension consumers)

ESG Focus Areas

  • Media Content
  • Processes
  • Audience Relations
  • Advertising
  • Environmental Performance
  • Social and Cultural Initiatives

Environmental Achievements

  • Environmental audit conducted to identify management indicators, targets, and areas for action.
  • Energy efficiency plan aiming for a 25% reduction in energy consumption.
  • Reduction in paper consumption due to reduced pagination and changes in printing techniques.
  • Reduction of hazardous waste at Las Provincias and Federico Domenech, resulting in removal from the register of major waste producers.
  • 15% reduction in ink consumption through implementation of GCR techniques.

Social Achievements

  • Implementation of "Operación Cantera" project to identify and develop top journalistic professionals.
  • Held Vocento Communication Awards for the third consecutive year, recognizing excellence in journalism.
  • Collaboration with over 190 local/regional and 33 national/international non-profit organizations.
  • Creation of a charity channel on the digital edition of HOY newspaper.
  • Support for the Alma Solidaria campaign (4th edition).

Governance Achievements

  • First assessment of corporate social responsibility performance, including a study of international best practices and materiality analysis.
  • Review of stakeholder map and communication channels.

Climate Goals & Targets

Environmental Challenges

  • Adapting to a changing environment for media companies.
  • Balancing financial, social, and environmental sustainability.
  • Assessing the wide range of social and cultural initiatives undertaken by the group.
Mitigation Strategies
  • Development of an integrated corporate responsibility policy.
  • Internal consultations and stakeholder engagement to identify relevant topics.
  • Planning for a comprehensive inventory of social commitments in 2012 to better assess and strategize social actions.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Compact

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:10.5 tCO2e/year

ESG Focus Areas

  • Equality
  • Environment
  • Corporate Governance

Environmental Achievements

  • ISO 14001 certification obtained at Rotomadrid (70% of print plants comply)

Social Achievements

  • Creation of Equality Committee
  • 48% of permanent hires are women
  • Of the 1,297 employees who received training, 51.7% were women

Governance Achievements

  • Increasing the number of women on the Board to 27.3% in 2020 (+7.3% vs. 2019)
  • Process for finding independent directors: 75% of independents are women

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2021

Environmental Metrics

Renewable Energy Share:c.10% (target for 2023)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Project for photovoltaic cells in 1Q22E (own renewables/total consumption 2023E c.10%)
  • Targets for environmental efficiency

Social Achievements

  • Implementation of Equality Policy in all companies with more than 100 employees
  • More than double the training hours in 2021 than in 2020
  • Internal programmes for professional development (Impulsa, Marco Polo, Scrum Master)

Governance Achievements

  • Vocento has 3 women on the Board
  • The proportion of independent directors has increased during the last years to 36%

Climate Goals & Targets

Long-term Goals:
  • Paying digital subscribers 89k >250k in 2026
Medium-term Goals:
  • Weight of digital and diversification in revenue mix 37% >60% in 2026

Environmental Challenges

  • Supply chain crisis: temporary shortage of new and used vehicles (impacting Auto Classifieds)
Mitigation Strategies
  • Focused on new services for C2B and renting (Auto Classifieds)
  • Support for development of Sumauto (Auto Classifieds)
  • Creation of Marketplace businesses (Auto Classifieds)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023

Environmental Metrics

Social Achievements

  • Increased the percentage of women in the Board of Directors to 36.36% in 2023.

Governance Achievements

  • Implemented a Diversity Policy in 2021 to promote diversity in the Board of Directors.

Climate Goals & Targets

Medium-term Goals:
  • Increase digital and diversification businesses to 60% of total revenue by 2026.

Environmental Challenges

  • Decline in advertising revenue from national clients, especially in the digital sector.
  • Reduced profitability in the printing business due to fewer third-party jobs in France and loss of a contract with a publisher.
Mitigation Strategies
  • Maintained a balance between local and national advertising, with growth in local advertising mitigating the decline in national advertising.
  • Diversified printing jobs and increased work for magazines, along with cost control, to mitigate the impact of reduced profitability.

Supply Chain Management

Climate-Related Risks & Opportunities