Our Environmental Policy

Purpose

The Policy is intended to establish a framework of reference for integrating the protection of nature and the environment within the Company strategy, as well as its operations. It defines the principles of conduct for environmental management.

The Company considers respect for the environment to be one of the central elements of the concept of sustainability. The Company is committed to integrate into all of its activities and processes the identification and implementation of practices which will protect and improve the environment.

The Company is committed to compliance with environmental regulations and international best practices in this area.

Through a business model supported by a practice favouring transparent information and ongoing dialogue, the Company responds to the expectations of its Stakeholders with respect to the preservation of the environment.

Our Principles of Conduct

To implement its commitment to the environment and boost environmental sustainability, the Company sets out the following principles of conduct. These principles apply to all of the Company activities, which are integrated within the internal decision-making processes:

  1. Develop a sustainable model that is respectful of nature;

  2. Comply with legal provisions and conform to applicable environmental standards;

  3. Apply the principle of mitigation (avoid, minimise, restore and compensate as a last resort) in all activities;

  4. Improve the circularity of its business activities and those of its suppliers and clients, through the sustainable use of natural resources, the implementation of life cycle analysis, the eco-design of its infrastructures, the application of the waste hierarchy, the optimisation of waste management and the use of recycled materials; and

  5. Conserve, protect and promote the development and growth of natural heritage;

  6. Implement systems that apply precautionary and continuous improvement principles and place the environment at the centre of decision-making through:

    1. Assessing the environmental risks of its activities and services on a regular basis, improving and updating the mechanisms designed to prevent, mitigate or where possible and practical eradicate them;

    2. Management of risks and impacts by establishing objectives, programmes and plans that promote the continuous improvement of the Company’s environmental processes and practices, and establishment of monitoring, control and audit mechanisms; and

    3. Environmental training of the Company personnel;

  7. Reduce the environmental impact and improve the Company’s environmental performance from a life-cycle perspective;

  8. Report transparently on environmental results and activities.

Priority Lines of Action

In order to achieve its commitment to nature and the environment and to promote environmental sustainability and respect for nature, the Company has identified three priority lines of action, in which the principles of conduct set out in the preceding section shall be applied:

  1. Climate action;

  2. Protection of biodiversity; and

  3. The circular economy.