Climate Change Data

Environmental Metrics

ESG Focus Areas

• Responsible Agriculture
• Committed People
• Healthy and Sustainable Products

Environmental Achievements

• 94% renewable energy in the Group
• 25% use of recycled plastic in 1L oil bottles
• 100.000 Tons of seed flour for animal feed
• Efficiency improvements in the almond drying process, through a new hot air recirculation system using up to 70% of the energy.
• ISO 14001 certification for the Capricho Andaluz centre
• Almost 200 tons of almond pruning remains to produce cellulose.
• Composting tests with the remains of tree processes in the same soil of the farms to increase its quality.

Social Achievements

• Implementation of contingency plans and maximum preventive measures during COVID-19 for all Borges People.
• 10.9 hours of training and more than €130.000 invested in training and professional development plans.
• MC MUTUAL has acknowledged BAIN in its commitment to the prevention of occupational risks for the reduction of accident rates in the previous 3 years.
• Launch of the internal and external communication campaign Committed by Nature to explain the goals and expectations in the area of sustainability.
• Renewal of the SMETA Audit for the BAIN centre (Reus), BAIEO centre (Tàrrega) and BOOOC centre (Tunisia)
• The two main plants by number of worker have been certified since last year according to the management standard UNE-ISO 45001.

Governance Achievements

• Renewal of the SMETA Audit for the BAIN centre (Reus), BAIEO centre (Tàrrega) and BOOOC centre (Tunisia)
• A plan has been defined to assess our suppliers in Environmental, Social and Good Governance matters.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Assess our suppliers based on ESG criteria

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 8
• SDG 12
• SDG 17

The report details how Borges' activities contribute to these goals.

Sustainable Products & Innovation

• Healthy & Green Solid Oil
• Econatura brand of organic products

Environmental Metrics

ESG Focus Areas

• Sustainability
• Responsible farming
• Well-being and development of professionals
• Healthy and sustainable products

Social Achievements

• Guarantee the well-being and development of professionals, ensuring daily equality, diversity and fair working conditions.
• Contribute to the development of the communities where we work.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Collaboration with suppliers of the agricultural sector and external services to ensure sustainable production of raw materials.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Healthy & Green Solid Oil

Environmental Metrics

ESG Focus Areas

• Responsible farming
• Committed people
• Healthy and sustainable products

Environmental Achievements

• Not disclosed

Social Achievements

• Guarantee the well-being and development of professionals, ensuring equality, diversity and fair working conditions.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

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

• Responsible Agriculture
• Committed People
• Healthy and Sustainable Products
• Governance

Environmental Achievements

• Achieved Zero Waste certification at main production sites of the oils division with high scores (95% and 98% waste reuse)
• Reduced CO2 emissions by 24% since 2017 (Scope 1 and 2)
• Installed 3 photovoltaic solar parks in Portugal to cover irrigation needs and reduce carbon footprint
• Introduced around 500 tonnes of recycled plastic through oil bottles and single-dose capsules
• Launched the first compostable olive oil jar on the market

Social Achievements

• Launched the BEAM internal training program, training 192 people for 1600 hours
• Developed the 4th Equality Plan for BAIEO and BAIN
• Received more than 15,000 visitors at Mas de Colom - Casa Borges
• Donated 32,207 kg of product to Food Banks in Spain
• Invested €546,087 in collaborations and sponsorships

Governance Achievements

• Implemented a risk control and management system based on the COSO framework
• Developed and implemented the Internal Information System Policy and Management Procedure
• Launched the 2022 edition of Compliance training

Climate Goals & Targets

Environmental Challenges

• Extreme weather events and lack of water resources for agricultural activity
• Volatility and inflation-related cost increases (energy and supplies)
• Climate change risks (water scarcity, energy costs, raw material costs, extreme weather events)
• Regulatory impacts (plastic tax, increased energy costs)

Mitigation Strategies

• Efficient irrigation systems (95-100% water use efficiency)
• Plans to reduce fertiliser impact and focus on inputs reducing carbon footprint
• Control and adaptation mechanisms for water scarcity
• Implementation of measures to reduce emissions associated with refrigeration gases
• Thermal efficiency improvements in steam circuits
• Installation of photovoltaic panels for self-consumption
• Green loan for €15.7 million with conditions linked to environmental impact

Supply Chain Management

Supplier Audits: More than 48 audits in 2022-23 (customers and certifications)

Responsible Procurement

• Responsible Agriculture and Sourcing manual
• Map of social and environmental risks
• Clauses relating to Code of Ethics and Criminal Compliance Policy in Customer and Supplier Declaration
• Ethical and social compliance audits of suppliers
• Specific clauses with logistics and transport providers related to environmental progress
• Evaluation of Food Safety systems and regulations (BRC, IFS, FSSC 22000) of suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Lack of water resources
• Extreme weather events (floods, frost)
• Increased raw material costs due to drought

Transition Risks

• Plastic tax
• Increased energy costs

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: Global GAP, ISO 45001, ISO 14001, Zero Waste, Biosphere Certificate (Mas de Colom - Casa Borges)

Third-party Assurance: Accredited entity (for Non-Financial Information Statement)

UN Sustainable Development Goals

• SDG 8 (Decent Work and Economic Growth)
• SDG 12 (Responsible Consumption and Production)
• SDG 17 (Partnerships for the Goals)

The company's strategy and actions contribute to these SDGs through responsible agriculture, commitment to employees, sustainable products, and stakeholder engagement.

Sustainable Products & Innovation

• Healthy & Green Solid Oil 4.0
• Zero Pesticide Residue product range
• First compostable single-dose jar of Extra Virgin Olive Oil

Awards & Recognition

• Superior Taste Award (vegetable rice and walnut drink)
• BRC A+ (oils division)
• Higher Level for IFS (oils division)
• Equality in Business Badge (DIE) (BAIN and BAIEO)
• RETARY label (Capricho Andaluz)

Environmental Metrics

ESG Focus Areas

• Responsible farming
• Sustainable sourcing
• Employee well-being
• Community development
• Healthy and sustainable products

Environmental Achievements

• Not disclosed

Social Achievements

• Guarantee the well-being and development of professionals, ensuring equality, diversity and fair working conditions.
• Contribute to the development of the communities where we operate.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Healthy & Green Solid Oil 4.0

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Responsible sourcing
• Employee well-being
• Healthy and sustainable products

Environmental Achievements

• Not disclosed

Social Achievements

• Guarantee the well-being and development of professionals, ensuring equality, diversity and fair working conditions.
• Contribute to the development of the communities where we operate.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Collaboration with suppliers in the agricultural industry and external services to ensure the purchase and supply of raw materials produced using good agricultural practices and sustainability criteria.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed