Climate Change Data

MIRGOR S.A.C.I.F.I.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Implemented a share-based payment plan aimed at retaining key personnel. As of the cutoff date, 2,400,000 shares were granted, with another 4,107,000 to be granted gradually until December 2026.
  • Created the “FUNDACIÓN MIRGOR – DESARROLLO COMUNITARIO HACIA EL FUTURO” foundation to aid communities where the Company operates, focusing on education, housing, health, and culture.

Governance Achievements

  • Improved corporate governance through the implementation of the “ADN Mirgor” shared culture across the company.
  • Maintains a Board of Directors with a percentage of independent members exceeding the 20% threshold set by regulations.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Difficulties obtaining necessary licenses to clear components, inputs, and assets through customs, affecting production and business activities.
  • Changes in economic and financial conditions in Argentina hardened the market involving payments abroad.
  • Argentine government measures increasing foreign exchange and customs restrictions and regulations made operations more complex and hindered the ability to meet production and sales goals.
  • Measures impacting regulations governing payment terms to foreign suppliers reduced negotiation possibilities, putting transactions and the supply of finished products at risk.
Mitigation Strategies
  • Focus on operating efficiencies and increasing productivity by optimizing resource use and investments.
  • Seeking more flexible measures to stabilize production and recover stock levels.
  • Implementing the 5S method in administrative offices to ensure continuous improvement (Gold award for six out of eight production sites).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Floods, wildfires
Transition Risks
  • Changes in climate-related legislation and regulations, energy efficiency requirements, emission reductions
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: IFRS

Certifications: Null

Third-party Assurance: Pistrelli, Henry Martin y Asociados S.R.L.

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Gold award for six out of eight production sites for 5S method implementation