IBERSOL | Integrated Management Report - 2024

NON-FINANCIAL STATEMENT 5.2.2 Transition Plan for Climate Change Mitigation [DR ESRS E1-1] The Ibersol Group has defined a transition plan for climate change mitigation to be implemented from 2025. This plan aims to ensure that the company contributes to the transition to a sustainable economy, including achieving the goal of limiting global warming to 1.5ºC in line with the Paris agreement. It should be noted that, in accordance with Commission Delegated Regulation (EU) 2020/1818, article 12, the company is not excluded from the benchmarks aligned with the Paris agreement. This plan is structured around climate change mitigation policies and a set of corresponding decarbonisation measures, described in sections 5.2.3 and 5.2.4 below, respectively. The climate action transition plan is part of the company’s strategic plan and will be reflected in the annual and multi-annual plan and budget process of the company’s relevant business units. This plan has been approved by the company’s Board of Directors. 5.2.3 Climate Change Mitigation and Adaptation Policies [DR ESRS E1-2] To fulfil its environmental protection objective, the company has defined a climate change mitigation policy, which is structured around three main areas: - reduction of direct GHG emissions from own operations (scope 1 emissions) - reduction of indirect GHG emissions from own operations (scope 2) - reduction of indirect GHG emissions in the value chain (scope 3). This policy relates to the positive and negative impacts and risks identified as material under the subtopic “climate change mitigation” in the double materiality analysis described in chapter 5.1.9 above. There is also a climate change adaptation policy which focuses on responding to the physical and transition climate risks associated 168