IBERSOL | Integrated Management Report - 2024

scope of the financial information. However, in 2024, emissions from the operations of the company NRS, which operates KFC-branded restaurants, acquired in 2024 and included in the consolidated accounts from July 2024, were not taken into account. Assuming identical emissions intensity ratios in relation to sales, it is estimated that the activity of this company, in the period targeted for accounting consolidation from July to December 2024, generated emissions of around 8,500 tonnes CO 2 eq, which represents around 4.7% of the total emissions of the base without this company. There are no entities outside the consolidation perimeter for which the Group has operational control. Emissions are grouped into three scopes of analysis: scope 1: direct emissions from own operations, scope 2: indirect emissions from own operations and scope 3: indirect emissions in the value chain. With regard to scope 1 emissions, it should be noted that the Group operates in the restaurant sector, which is not covered by regulated GHG emissions trading systems. With regard to scope 2 emissions, it should be noted that until the end of 2024, the Group has not adhered to any contractual emissions instruments, such as guarantees of origin or renewable energy certificates, in its energy supply contracts or independently of the contracts. Also, in terms of scope 2 emissions, it should be noted that the conversion factors used do not separate biogenic CO 2 emissions from the combustion or biodegradation of biomass. Scope 2 emissions according to the “market-based” criterion, from 2023 to 2024 show a relevant reduction due to the significant drop in the corresponding emission factors, reflecting a smaller footprint in energy production by contracted suppliers. Scope 3 emissions were generally obtained from internal data in the company’s information systems; in particular, emissions from logistics NON-FINANCIAL STATEMENT 172