IBERSOL | Integrated Management Report 2022

STRATEGIC FRAMEWORK Environmental risks Environmental impact The Ibersol Group’s management of environmental risks is largely based on the implementation and certification of management sys- tems, such as the ISO 14001 standard, which ensures adequate con- trol in terms of environmental protection, waste management and pollution prevention, always on a basis of compliance with the legal and sectoral requirements in this area, as well as the needs of all stakeholders. In particular, the main flows of packaging materials are monitored and the reporting obligations (to the entities licensed to manage and promote the selection, collection, and recycling of pack- aging waste in the Portuguese and Spanish markets) are fulfilled. Climate change The phenomenon of climate change is systemic and has led to a number of very serious consequences for food value chains at global level. On the one hand, the increase in the average temperatures due to greenhouse gas emissions is causing ever more severe and frequent drought events, rising sea levels in coastal regions, significant losses in natural ecosystems and biodiversity, and various disruptions in agricultural production and distribution in various markets. This instability generates shortages, price volatility and disruptive events in global supply chains. While, on the one hand, the Ibersol Group is committed to doing its part to reduce greenhouse gas emissions, on the other hand, it is alert to the evolution of global food markets, particularly of some of the most affected commodities, and considers the best supply strategies at all times, either autonomously or in conjunction with its global and local partners, in order to ensure the continuity of its activities. 66