Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental matters
• Social and employment matters
• Anti-corruption and bribery matters
• Respect for Human Rights

Environmental Achievements

• Launched a dashboard to account for and control energy consumption and carbon dioxide emissions.
• Guaranteed adequate tire recycling processes with suppliers.
• Launched initiatives to improve its fleet, recognized by the Spanish Association of Fleet and Mobility Managers as the best Sustainable Corporate Mobility project.

Social Achievements

• Improved operating margins, in absolute and relative terms, resulting from efficiency programs, synergies from acquisitions, and divestments.
• Maintained a high capacity for adaptation to various situations and leveraged favorable situations to become a leading provider of advanced banking outsourcing services in Europe.
• Continued to foster the development of the IT platform underpinning its AVOS (Added-value Outsourced Services) business.

Governance Achievements

• Remained steadfastly committed to responsible, profitable, and sustainable business.
• Corporate governance founded on five core pillars: independence, transparency, protection of minority shareholders, effectiveness and efficiency, and integrity.
• Complied with regulations on preventing money laundering, competition law, data protection, and securities markets.

Climate Goals & Targets

Environmental Challenges

• Uncertain political environment in Ibero-America and adverse macroeconomic and exchange rate scenarios.
• Slower-than-expected progress with structural reforms in Brazil.
• Elections and government changes in Argentina.
• Social protests in Chile.
• Results in the Australian market remaining below potential.

Mitigation Strategies

• Increased consolidated turnover by almost 4%, offsetting negative currency impact.
• Improved absolute and relative profitability through solid operational performance and strategic divestments.
• Continued deployment of consolidation and transformation strategy.
• Invested nearly EUR 85 million in six inorganic growth transactions.
• Increased sales of new solutions to nearly EUR 300 million (16.2% of total sales).

Supply Chain Management

Responsible Procurement

• Guaranteed adequate tire recycling processes with suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, ISO 22301, DIN 77200

Third-party Assurance: KPMG Auditores S.L.

Sustainable Products & Innovation

• Smart Cash solutions
• AVOS services

Awards & Recognition

• Best Sustainable Corporate Mobility project (Spanish Association of Fleet and Mobility Managers)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Introduced the world's first 100% electric armored vehicles, along with others with hybrid engines. Initiatives to limit plastic consumption and promote recycling aimed at a circular economy.

Social Achievements

• Implemented measures for employee protection during the COVID-19 pandemic, including contingency plans to ensure compliance with health recommendations. Placed resources at the disposal of authorities to transport medical supplies.

Governance Achievements

• New supervisory duties granted to the Board of Directors and the Appointments and Remuneration Committee, in line with the recommendations of the Good Governance Code.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic significantly reduced activity levels due to lockdowns and social distancing measures. Negative impact of currency devaluation in LatAm. Political uncertainty in Brazil and fiscal imbalances in Argentina affected investor sentiment.

Mitigation Strategies

• Implemented policies aimed at spending control, preserving cash generation, and maintaining appropriate liquidity levels. Strict control over investments, deferring non-essential projects. Active management of working capital, closely monitoring client payment times and insolvency risks.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 22301, DIN 77200

Sustainable Products & Innovation

• 100% electric armored vehicles and hybrid engine vehicles.