IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 on the definition of processes designed to eliminate or mitigate them, as well as on the development of internal capabilities. To assess the ef- fectiveness of the processes implemented, regular internal and external audits are conducted, and the specialised management systems are cer- tified, supported by enabling technologies and through the involvement and awareness of relevant stakeholders. Legal and Regulatory Risks The Ibersol Group’s businesses are subject to both general and sector- specific legislation and are closely scrutinised and benchmarked against national and international best practices within the industry. Accordingly, various procedures, partnerships, and compliance verification routines have been established to ensure continuous access to all legislative and regulatory information relevant to the business. This includes, in particular, matters relating to: financial and non-financial reporting, food quality and safety, characteristics of food and non-food products, restaurant operations, consumer rights, employment and social issues, energy consumption and use of natural resources, environmental impact and climate change, as well as legal matters concerning labour, real estate, and property. 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 across several markets, potentially leading to food shortages, price volatility and disruptive events in global supply chains. To help mitigate these situations and ensure the continuity of its operations, the Ibersol Group is working to reduce its greenhouse gas emissions and is adjusting its sourcing strategies accordingly. 281