IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 Environmental Risk management in the environmental area falls within the domain of the Quality Department, responsible for implementing and reinforcing sustainability concepts with a view to adopting more sustainable and efficient practices in all aspects of the Ibersol group’s activity. In this context, there are several measures implemented in the promotion of responsible and proactive behaviors and procedures that distribute shared value to the business, environment and society, in areas consid- ered as priorities, namely the circular economy and waste management, the preservation of resources and reducing the ecological footprint. It is also worth noting the recertification in the NP EN ISO 14001: 2015 Standard - Environmental Management Systems, in different business areas of the Group, which attests to the commitment of the entire struc- ture to reinforce its environmental performance in managing the impact of its activities, namely by optimizing the use of natural resources, pro- tecting the environment and reducing the ecological footprint. Legal Ibersol and its subsidiaries have a Management and legal advisory func- tion in permanent coordination with the other central and business func- tions, in order to preventively ensure the protection of the Group’s in- terests and the fulfilment of the legal duties and obligations within the scope of the corporate activity. Legal advice is also guaranteed, at national and international level, by external professionals of recognized competence. Sectoral The evolution of private consumption influences the sales of restaurants. The company adopted strict cost control with a monthly monitoring of market developments and the consequent review of the planning of re- sources to be used, to lessen the impact of eventual fluctuations in con- sumption. On the other hand, operating in the food industry, possible epidemics or distortions in the supply markets, changes in mobility and consumption patterns can have important impacts on contractual compliance and fi- nancial statements. 253