IBERSOL | Integrated Management Report 2022

INTEGRATED MANAGEMENT REPORT 2022 on developing internal skills, carrying out periodic internal and external audits, implementing and certifying specialised management systems, investing in support technologies, and enegaging and raising the awareness of stakeholders. Legal and Regulatory Risks The Ibersol Group is very exposed to general and sectoral legislation and is highly scrutinised in terms of the sector’s best national and international practices. Accordingly, various resources, partnerships and compliance verification routines have been established to enable access at all times to all the current legislative and regulatory information most relevant to the business, namely on the following topics: reporting of financial and non-financial information, food quality and safety, food and non-food products, restaurant operations, consumers, employment and social matters, energy and natural resources, environment and climate change, legal-labour matters and real estate/real estate. Environmental risks Environmental impact The Ibersol Group’s management of environmental risks is largely based on the implementation and certification of management systems, such as the ISO 14001 standard. In particular, the main flows of packaging materials are monitored, and reporting obligations are fulfilled with the entities licensed to manage and promote the selection, collection and recycling of packaging waste in the Portuguese and Spanish markets. Climate change Climate change is increasingly affecting agricultural and livestock pro- duction in various markets, leading to food shortages, price volatility and disruptive events in global supply chains. To help mitigate these situations and ensure the continuity of its activities, the Ibersol Group is working to reduce its greenhouse gas emissions and adjust its procure- ment strategies. Extreme events The increasingly frequent occurrence of extreme natural events threat- ens people’s safety and the continuity of activities. The Ibersol Group has ISO certifications that guarantee high standards of health, occupa- 315