Business for Biodiversity - December 2020 - BCSD Portugal

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Business for Biodiversity - December 2020 - BCSD Portugal
Business for
Biodiversity
   December 2020
Business for Biodiversity - December 2020 - BCSD Portugal
Business for Biodiversity

                                 João Castello Branco
                                 Chairman of the Board of BCSD Portugal
                                 and Chairman of the Board of Directors of The Navigator Company

        Source of raw materials and energy, from Nature              This is why BCSD Portugal launched the act4nature
        depend and impact on, directly or indirectly, and            Portugal initiative, which aims to inspire and mobilize
        to a greater or lesser extent, both human and                businesses, by challenging them to protect, promote
        economic activities. Therefore, it is important to           and restore biodiversity. As President of BCSD
        make a responsible use of the resources that Nature          Portugal, I am pleased to highlight the aggregating
        offers us and to respect any signs of imbalance in           power of this initiative, as can be seen from the fact
        the biosphere in which we live, that are reflected, in       that 15 companies have already signed up. Although
        different ways, in the fragility of some ecosystems          they operate in different sectors, they have aligned
        or even in the emergence of new risks for the                themselves with a common purpose and 10 common
        environment and human health.                                commitments that will guide their actions for nature
                                                                     and biodiversity until 2030.
        As for the climate theme, the business sector
        wanted to take a leadership role and contribute              I believe that the conditions are created to design
        to the Biodiversity agenda. But such strategic               effective plans and make the best use of the
        and essential objectives as those of halting the             financial supports that are emerging to conserve
        biodiversity loss, or to maintain or improve the             and value nature, and I hope that Sustainability,
        ecosystems balance, together with ensuring that              Nature and economic development will become, in
        the same nature is able to efficiently supply the            fact, consonant goals for the future.
        raw materials we need, can only be achieved with
        a prospective and long-term vision, with innovation
        and partnerships between business, the State,
        academia, environmental organizations and other
        key members of society.

                                                                 2
Business for Biodiversity - December 2020 - BCSD Portugal
Business for Biodiversity

                                                 João Meneses
                                                 Secretary General of BCSD Portugal

        Nature loss is one of the greatest challenges that                                            taken by the act4nature Portugal initiative, aiming
        humanity currently faces and, finally, it is becoming                                         to help companies to better understand the role of
        a topic of interest and concern for both general                                              biodiversity in their business models.
        public and for governments.
                                                                                                      The act4nature Portugal initiative is framed within
        Whether by ethical imperative, risk mitigation,                                               the commitments that BCSD Portugal assumed in
        pressure from stakeholders, especially regulators,                                            2019 when joined the Business for Nature5 coalition
        investors, customers, and workers, or just by                                                 and aims to engage companies in commitments
        business opportunity, biodiversity1,2 has becoming                                            that contribute to reverse biodiversity loss and
        an increasingly relevant topic also for companies,                                            the degradation of ecosystems and services they
        with many already looking to assess the linked                                                provide. It is a replica of act4nature International,
        implications, risks and opportunities for their                                               launched in France in 2018 by the association EpE
        business models and value chains. These will be the                                           - Entreprises pour l’Environnement, in partnership
        businesses of the future.                                                                     with dozens of French multinationals. EpE is the
                                                                                                      French counterpart of BCSD Portugal, which also is
        It was with the aim of mobilizing and helping the                                             member of the WBCSD - World Business Council for
        Portuguese companies to protect, promote and                                                  Sustainable Development Global Network.
        restore biodiversity, ecosystems3 and the services4
        that they provide, that BCSD Portugal launched                                                To the companies that joined act4nature Portugal
        the act4nature Portugal initiative. This is an urgent                                         from the beginning, assuming the 10 common
        call to action for companies to make voluntary                                                commitments and establishing their individual
        commitments, integrating into their business                                                  commitments, as well as to the Advisory Board
        models concrete actions for the conservation and                                              members, my congratulations, and thank you. Much
        enhancement of biological diversity, as well as for                                           obliged! The BCSD Portugal team will do everything
        the sustainable, if possible regenerative, use of                                             to make act4nature Portugal a success!
        natural resources.
                                                                                                      We challenge other companies to join this initiative.
        The relationships between companies and nature                                                Join us, for nature!
        are complex, diffuse, and often indirect. There are
        still few companies for which biodiversity is one
        of the first priorities in their “materiality” analysis,
        and many find it difficult to integrate this theme
        in the relationship with their stakeholders, in their
        strategies and day-to-day operations. With this
        publication we intend to present the first steps

        1. The variability among living organisms from all sources including, inter alia, terrestrial, marine and other aquatic ecosystems and the ecological complexes of which they are part;
           this includes diversity within species, between species, and of ecosystems. (IUCN, 2020).
        2. Hereinafter, when we refer to biodiversity, we mean the species, habitats and ecosystems (including the services they provide) found within a company’s sphere of influence.
        3. a dynamic complex of plant, animal and micro-organism communities and their non-living environment interacting as a functional unit (IUCN, 2020).
        4. Services that intact, functioning ecosystems, species, and habitats provide and that can benefit people (IUCN, 2020).
        5. www.businessfornature.org.

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Business for Biodiversity - December 2020 - BCSD Portugal
Business for Biodiversity

        Contents
         EDITORIAL ................................................ 2

         COMMON COMMITMENTS ...................... 5

         INDIVIDUAL COMMITMENTS .................. 8

         ANA Aeroportos de Portugal ...................... 10
         Corticeira Amorim ....................................... 14
         Grupo Crédito Agrícola ................................ 16
         CTT ............................................................... 18
         Ecoinside ...................................................... 20
         EDIA ............................................................. 23
         EDP .............................................................. 26
         Herdade dos Grous ...................................... 29
         Jerónimo Martins ......................................... 31
         Lipor ............................................................ 34
         NBI ............................................................... 37
         REN .............................................................. 39
         The Navigator Company .............................. 42
         Trivalor ........................................................ 44
         VdA .............................................................. 46

         GOVERNANCE ......................................... 49

                                                                                  4
Business for Biodiversity - December 2020 - BCSD Portugal
COMMON COMMITMENTS

     5
Business for Biodiversity - December 2020 - BCSD Portugal
Business for Biodiversity
Recent scientific studies warn that             In addition to their corporate social
the planet is losing biodiversity at an         responsibility, innovating it’s on the best
unprecedented rate, rapidly approaching         interest of companies, since they depend
a point of no return. In the past 50 years,     on stable and resilient ecosystems, and
wild vertebrate populations have declined       that, by choosing different approaches,
60% and scientists warn that the sixth          new business opportunities may arise.
mass extinction of life on Earth has already
begun.                                          Currently, already exist and we can develop
                                                new solutions to meet the expectations
According to the Global Assessment              of a growing part of the population. The
conducted by the Intergovernmental              experiences in our companies and value
Science-Policy Platform on Biodiversity         chains, from suppliers to customers,
and Ecosystem Services (IPBES) on               encourage us to change the scale and
Biodiversity and Ecosystem Services,            create value by integrating biodiversity into
published in May 2019, humans are               our strategies.
changing Earth’s ecosystems dramatically
and at an unprecedented pace, with about        Public policies designed to foster nature
1 million animal and plant species at risk of   conservation and biodiversity are evolving
extinction. This massive loss of biodiversity   across the world, and this new paradigm
is degrading the natural systems, that          assumes a greater and more active
sustain societies and economies, and the        engagement by companies in these matters,
degradation rate continues to accelerate.       at all levels.

Alongside global warming, which is one          Aware of the role and action expected from
of the main drivers of this serious loss,       our companies, we commit to integrating
the biodiversity and ecosystem services         nature - environment, animals, plants,
preservation is one of the most important       ecosystems, interactions, and genetic
challenges facing the world today.              heritage - into our business strategies and
Biodiversity and ecosystem services             models, and to put measures in place that
underpin prosperity and well-being of           deliver solutions for the conservation and
species, including the human species.           restoration of biological diversity, for the
Restoring the fragile balance of the natural    sustainable use of natural resources and
world and life on Earth is thus not only an     for a fair and equitable distribution of the
environmental issue, but also an economic,      benefits accruing from this use.
social, and moral imperative.

Businesses can contribute to the
development of new dynamics.

                                   6
Business for Biodiversity - December 2020 - BCSD Portugal
https://www.bcsdportugal.org/act4nature-portugal   7
Business for Biodiversity - December 2020 - BCSD Portugal
8
    1
Business for Biodiversity - December 2020 - BCSD Portugal
Business for Biodiversity

                                    In addition to the implementation
                                  of act4nature Portugal’s 10 common
                                commitments, participating companies
                                 reinforce their pledge through a set of
                               individual SMART (Specific, Measurable,
                                  Additional, Realistic and Time-bound)
                                commitments. These are established in
                            alignment with the nature of each company’s
                                             business activity.

                                                 9
Business for Biodiversity - December 2020 - BCSD Portugal
Thierry Ligonnière
                                                                    CEO

                                                                    www.ana.pt

ANA Aeroportos de Portugal’s commitments to act4nature Portugal

At a time when we face the challenges of a global
pandemic, ANA Aeroportos de Portugal is determined
to abide by its environmental commitments. In fact, one
of the strategic objectives set out by the company in its
environmental policy, which was first crafted in 1995,
is the protection of natural assets and the promotion of
                                                                           With a corporate strategy imbued
biodiversity. This aim has been put into practice in the                  in the enhancement and protection
form of initiatives that range from carrying out studies
of fauna and flora at airports and in their surroundings,
                                                                                 of the natural and human
to supporting external entities such as CERVAS and RIAS,                     environment, ANA Aeroportos
which are Portuguese wildlife recovery centres.                                de Portugal S.A. integrates in
                                                                              its business plan the issues of
As one of the 5 objectives of the AIRPACT 2030 - the
environmental strategy that is applicable to all airports                       protection and conservation
in the VINCI group - the importance of biodiversity has                         of species and ecosystems,
been highlighted. The goal for 2030 is “to promote
biodiversity alongside the control of the risk of birds                     indispensable for environmental
colliding with aircraft”. A number of key measures,                        balance, hence it is committed to
to which ANA is fully committed, are currently in
the pipeline. It is also in this line of commitment that
                                                                             fulfil the biodiversity business
several individual commitments are presented within                       valuation initiative, the act4nature
the scope of act4nature Portugal. For the design of
these commitments, the AIRPACT 2030 was taken as
                                                                                         Portugal.
reference, as well as the commitments assumed by the
VINCI Group for the act4nature International in 2018,
and the various studies carried out by ANA airports in
recent years.
                                                                                                   Thierry Ligonnière
Given the current state of the world, it is crucial that ANA                        CEO of ANA Aeroportos de Portugal
maintains its commitment to ensuring a more sustainable
future. The company remains fully engaged with creating
a better future for the country and the wider world.

                                                               10
AIRPACT – reduce CO2 emissions by 40% by 2030,
                                                      Annual amount of CO2 emitted (tonnes of CO2
compared to 2018, and achieve CO2 neutrality by                                                            Now - 2050
                                                      equivalent)
2050

AIRPACT – promote the circular economy by moving
towards the goal of zero waste sent to landfill by    Waste recovery rate (percentage of recovered
                                                                                                           Now - 2030
2030, through a target waste recovery rate of 80%     waste)
or more

AIRPACT – reduce water consumption and protect
natural resources, bringing consumption down to       Quantity of water consumed per passenger (L/pax)     Now - 2030
10.7L/pax by 2030

                                                      Biodiversity diagnosis and ensuing action plan
                                                                                                           2021 - 2022
                                                      covers (X)% of ANA airports
Carry out a biodiversity diagnosis at ANA
airports, with the subsequent establishment and
implementation of a Biodiversity Management Plan
                                                      The biodiversity action plan covers (X)% of ANA’s
                                                      airports, with implementation of measures by         2023 - 2030
                                                      2030

Monitor key biodiversity indicators at airports                                                            The 3-year interval
periodically (every 3 years). Share the data          Total or partial follow-up reports on the            is indicative. It will
obtained on the ANA website and possibly on other     biodiversity diagnoses carried out at the airports   depend on the
speciality reporting platforms                                                                             biodiversity diagnoses

                                                      Identification of the potential and real, direct
Integrate aspects of biodiversity loss and            and indirect, positive and negative impacts the
ecosystem degradation into the company’s              company has on biodiversity and ecosystems to        Between 2021 and
Environmental Management System, with a view          be integrated in the Environmental Management        2022, with periodic
to establishing an ANA biodiversity strategy in the   System (e.g., integration of context analysis,       reviews, as necessary
future                                                stakeholders, risks and opportunities,
                                                      environmental issues and impacts)

Set up a biodiversity working group, comprising at
                                                      Number of meetings of the Biodiversity Working       Set-up in 2020, to
least one technician from each airport. The group
                                                      Group                                                work through to 2030
will hold meetings to share best practices

                                                               11
Foster internal and/or external initiatives that raise   Number of biodiversity-related awareness-raising
                                                                                                               2021 - 2030
awareness of biodiversity                                initiatives

                                                         Number of initiatives in which ANA participates

Strengthen ANA’s participation in domestic and           The number of ANA papers and publications on
                                                         biodiversity published or presented at conferences,   2021 - 2030
international working groups
                                                         congresses, seminars, workshops and scientific
                                                         journals, among others

Foster local partnerships for projects that impact
significantly on biodiversity, in line with what
is already being done with CERVAS and RIAS.
Participate in initiatives for fighting biodiversity     Number of partnerships established                    2021 - 2030
loss and ecosystem disruption led by domestic and
international entities

Work with internal and external stakeholders to
create an eco-management/best practices guide,           Publication of the Eco Management Guide on the
                                                                                                               2021 - 2030
to be distributed to operational employees and on        communication platforms
communication platforms

                                                         Establish biodiversity criteria for sustainable
Integrate biodiversity in responsible purchasing
                                                         purchasing assessments, for the relevant groups       2021 - 2022
assessments, for the relevant groups of purchases
                                                         of purchases

Organise thematic visits to ANA partners or to
                                                         Organise one visit per year (Ria Formosa
areas surrounding airports that are important to
                                                         Natural Park, Tejo Natural Park, an ornithological
biodiversity (Ria Formosa Natural Park, Tejo Natural                                                           2022 - 2030
                                                         observation station on the Tejo River, for example
Park, ornithological observation station on the Tejo
                                                         or to RIAS or CERVAS, among others)
River, for example)

When requested, allow external entities to make
technical visits to sites implementing biodiversity      Number of authorised visits, per year                 2020 - 2030
projects developed or supported by ANA

Implement a biodiversity geographical information        Biodiversity geographical information system covers
                                                                                                               2022 - 2030
system (100% ANA airports)                               (X)% of ANA airports

Ensure no airports are using phytosanitary
products by 2030 (excluding contractual or               Quantity of phytosanitary products used per year      Now - 2030
regulatory measures)(100% ANA airports)

                                                                  12
Promote the plantation of trees, shrubs and
other types of plant cover through initiatives
sponsored by the company, in addiction to any                   Number of planted trees and/or shrubs Intervention/
initiatives derived from ANA’s Voluntary Carbon                                                                    2
                                                                rehabilitation of areas of conservation interest (m )   2021 - 2025
Management and Energy Efficiency

                                                                Number of partnerships with local
Strengthen scientific partnerships, and develop
                                                                entities, deepening existing ones                       2021 - 2025
R&D, for the promotion of biodiversity
                                                                (University of Algarve) and/or others

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).

                                                                            13
António Rios de Amorim
                                                                       Chairman & CEO

                                                                       www.amorim.com

Corticeira Amorim’s commitments to act4nature Portugal

Corticeira Amorim is a multinational company of                      1. preservation of the montado (cork oak forest) and
Portuguese origin, founded in 1870, prominent leader in                 its ecosystem services, through knowledge building,
research, development and transformation of cork-based                  resource mobilization and proposed measures;
products and solutions. Under the motto “take care of the
present, build the future”, Nature is a source of inspiration
                                                                     2. reduction of the environmental impact of company
for the development of products from an extraordinary
                                                                        operations, through the adoption of renewable,
natural raw material – cork, a treasure to be preserved
                                                                        accessible and efficient solutions;
and valued.

                                                                     3. application of the circular economy principles, by
Its mission, developed in perfect harmony with nature,
                                                                        reducing waste, prolonging the life of materials and
determines the strategic principles that underpin every
                                                                        promoting the regeneration of natural systems;
activity, including its environmental policy. The company
is committed to the adoption of practices that ensure the
preservation of nature, with sustainability as the main              4. keep a proactive role in the development of what is
reference. In line with the United Nations Sustainable                  already a vast array of cork applications, sustained by
Development Goals, Corticeira Amorim has set ambitious                  the innate characteristics of the material.
targets for four material aspects that are impacted by the
Group’s activities:
                                                                     Corticeira Amorim performs the measurement and
                                                                     monitoring of the indicators associated with these aspects
                                                                     and reports them annually in the sustainability report,
                                                                     subject to independent verification.

          We must grow by assuring the safety and well-being of all, the efficient
       management of natural resources, the protection of the balance of ecosystems
          and the circularity of processes and the economy, towards a sustainable
      development model and a more cohesive society, conscious and prepared to face
                      the challenges ahead with ambition and tenacity.

                                                                                                       António Rios de Amorim
                                                                                           Chairman & CEO of Corticeira Amorim

                                                                14
Include the protection of biodiversity in the                   Code of business ethics and professional conduct
                                                                                                                     2020-2020
corporate code of ethics and professional conduct               published on the Corticeira Amorim website

Develop initiatives that foster cork oak forests,
                                                                Number of initiatives and results                    2021-2024
biodiversity and ecosystem services

Expand knowledge on the environmental impact
of cork products and of the ecosystem that they                 Number of studies and results                        2021-2024
support

Promote biodiversity in the value chain, ensuring
                                                                Annual variation in the consumption of virgin non-
a 5% reduction in the consumption of virgin non-                                                                     2021-2024
                                                                renewable plastics/chemicals
renewable plastics/chemicals per year

Encourage the integration of biodiversity into the
                                                                Percentage of renewable energy in the production
production process by ensuring that 2/3 of the                                                                       2021-2024
                                                                process
energy consumed is from renewable sources

Reduce the impacts on the production process by                 Percentage of avoided energy in the production
                                                                                                                     2021-2024
ensuring energy efficiency savings of 2% per year               process

Increase resource management efficiency by                      Waste recovery rate (% of non-cork recovered
                                                                                                                     2021-2024
ensuring a waste recovery rate of 90% or higher                 waste)

Keep a proactive role in the development of what
is already a vast field of cork applications, in order
                                                                Annual investment in R&D and results                 2021-2024
to ensure the sustainability and biodiversity of cork
oak forest

Implement initiatives that raise employee awareness
                                                                Number of initiatives and their results              2021-2024
of biodiversity issues

Publish the monitoring of the commitments                       Annual sustainability report published on the
                                                                                                                     2021-2024
made                                                            Corticeira Amorim website

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).
** Operations in Portugal

                                                                            15
Licínio Pina
                                                                     Chairman

                                                                     www.creditoagricola.pt

The Crédito Agrícola Group’s commitments to act4nature Portugal

Founded in 1911, Crédito Agrícola was initially focused on         In this context, the GCA defined, in 2019, its Sustainability
financing farmers in Portugal and has since expanded its           Policy, which is embodied in an Action Plan for
scope to other sectors of activity. This strong connection         Sustainability defined for 2020 and 2021. This plan
to the primary sector from its genesis has driven the              presents ambitious commitments that clearly contribute
Grupo Crédito Agrícola (GCA) to concern about assuring             to: the Paris Agreement, the Sustainable Development
a prosperous development, together with care for the               Goals and the relevant national and European policies on
environment.                                                       sustainability. In this Sustainability Policy, the contribution
                                                                   to reduce waste, the impacts of climate change and the
                                                                   preservation of ecosystems is assumed.
The close involvement with the farming sector has given
GCA a front-row view of the impacts caused by climate
change, which has provoked more frequent extreme                   Biodiversity is one of the most substantial components
weather events, such as droughts and rainstorms.                   that determine the balance of ecosystems and its
Similarly, it has also enabled an understanding of the             incorporation in the business strategies of various sectors
impact that agriculture itself can have on the environment,        is crucial. It is important to encourage organizations to
depending on the practices employed, including                     develop Nature-based solutions, in order to guarantee the
greenhouse gas emissions, soil pollution and a high use of         quality and balance of biodiversity, so necessary for the
water resources.                                                   satisfaction of raw material needs by the entire business
                                                                   sector.
Thus, the GCA recognizes that sustainability-related
themes are pivotal to ensure a prosperous future,                  Therefore, GCA’s adherence to act4nature Portugal is
contributing to the country’s economic and social                  fully aligned with the Sustainability Policy, which already
progress. This is one of the Group’s current concerns,             includes a commitment to ecosystems and biodiversity.
which aim to support and encourage its Clients to reduce
environmental, social and governance impacts, also aiming
to support the identification of new business opportunities
based on concepts such as efficiency in the use of
resources, circular economy and renewable energies.

        The genesis of the Crédito Agrícola Group is the agricultural sector and, being
         close to nature, recognizes the importance of biodiversity for the balance of
          ecosystems and the urgency in fighting climate change. The Group intends
          to contribute to a greener, circular and socially inclusive economic model,
          by channeling investments and capital towards projects that contribute to
        reduce the environmental impact of economic activities and reduce situations
        of social exclusion and inequality. Thus, it is the Group’s duty to contribute to
         the preservation of ecosystems, this commitment being reiterated with the
                                     act4nature Portugal.

                                                                                                                  Licínio Pina
                                                                                       Chairman of the Crédito Agrícola Group

                                                              16
Integrate biodiversity-related criteria into
                                                                Results of the application of biodiversity-related
the company’s ESG (Environment, Social and                                                                           2020 - 2022
                                                                ESG criteria
Governance) analysis

Participate in task forces (TF), working groups (WG)
or any similar entities that focus on biodiversity and Participation in TF/WG/other equivalent(s)                    2020 - 2022
ecosystem services

Establish local or regional partnerships (e.g.,
with local communities, associations, companies,
academia, public entities, etc.) for projects that have
                                                                Partnerships formed and their results/ impacts       2020 - 2021
a significant impact on biodiversity (to solve specific
problems or that are in alignment with the company’s
strategic plan)

Identify and monitor, on an annual basis, the
indicators that assess the indirect impact of the
company’s activities upstream and downstream in
the value chain (e.g., % variation in use of non-
renewable resources, % variation in renewable                   Results of the indirect impact indicators            2021 onwards
energy use, composting rate and/or recycling
of products, variation in the weight of waste
produced, etc.)

Integrate biodiversity-related concerns into the                Changes made to the company’s Procurement
                                                                                                                     2022 onwards
Company’s Procurement Policy                                    Policy

Collaborate with suppliers and/or clients to
minimise biodiversity impacts on the company’s                  Projects/partnerships/initiatives with suppliers
                                                                                                                     2022 onwards
value chain                                                     and/or clients

Participate in public consultations related to
biodiversity and ecosystem services (e.g.: National             Public consultations in which the company
                                                                                                                     2020 onwards
Strategy for the Conservation of Nature and                     participates
Biodiversity)

Increase employee awareness, through awareness-
                                                                Number of employees who participated in
raising initiatives that focus on the importance of                                                                  2021 onwards
                                                                awareness-raising initiatives
biodiversity and ecosystem services

Foster employee knowledge, through participation
                                                                Number of employees who participated in voluntary
in voluntary environmental initiatives or the                                                                        2021 onwards
                                                                environmental initiatives
carrying out of local biodiversity inventories

Work with internal and external stakeholders to
create an eco-management/good practices guide,                  Eco-management guide published on the company’s
                                                                                                                     2021 - 2023
to be distributed not just to operational employees             communication platforms
and but also on communication platforms

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).

                                                                            17
João Bento
                                                                     Executive Chairman | CEO

                                                                     www.ctt.pt

CTT’s commitments to act4nature Portugal

For its impact on the Portuguese society, its presence all         energy, optimising resource consumption and recovering
over the national territory and in international markets,          waste. We foster communication and engagement with
the mission of CTT Group is to provide communications              our stakeholders and support a number of initiatives that
and logistics solutions as well as financial products of           generate value for the community.
proximity and excellence, and to establish relationships of
trust and innovation.
                                                                   We have joined the act4nature Portugal initiative because
                                                                   it aligns with the CTT sustainability programme, which is
We are partners in strengthening and developing proximity          anchored in more than 12 thousand employees and our
solutions, through effective logistics and communication           extensive transportation and logistics network, which
models that allow us to connect people and companies.              currently includes 315 less polluting vehicles.

We are committed to environmental management and                   CTT’s individual commitments under this initiative are
corporate civic engagement. A cross-organisational                 embedded in the social and environmental responsibility
commitment with an ongoing impact on CTT’s day-to-day              strategy that we have been developing, through regular
operations and business model.                                     awareness of our employees, value chain and society,
                                                                   for the conservation of biodiversity, the protection of
                                                                   ecosystems and the services they provide globally.
The main way in which CTT’s business activity impacts on
the environment is through the transport-related emission
of air pollutants. Because of this, we are constantly              We will continue to work on connecting people and
striving to improve the company’s energy efficiency,               businesses, as well as to contribute positively and
which represents direct environmental gains, as well               responsibly to the challenges faced by society.
as a more solid and consolidated balance sheet, both in
the short and long term. We implement initiatives that
focus on preserving the environment and biodiversity,
promoting more sustainable mobility, using renewable

                Fully aware of the role that CTT plays in the Portuguese economy
               and society, we believe in the importance of promoting biodiversity
              conservation and the protection of our forests. We are glad to join the
               act4nature Portugal initiative and committed to achieve the shared
                         objective of reversing the loss of biodiversity.

                                                                                                                  João Bento
                                                                                             Executive Chairman | CEO of CTT

                                                              18
Include commitments to combat biodiversity loss
                                                                90% of employees read the updated environment
and the degradation of ecosystems in the CTT
                                                                policy, with its commitments to combat                  2020-2025
Environment Policy and ensure all employees are
                                                                biodiversity loss and ecosystems degradation
made aware of this policy

Ensure the Executive Committee (EC) discusses                   Held 1 meeting at which the topic of biodiversity       Annual (2020 and
biodiversity conservation periodically                          preservation is addressed on the EC agenda              subsequent years)

Include an assessment of the company’s
performance, in terms of its impact on biodiversity,                                                                    2020 (periodic
                                                                Results of the stakeholder consultation exercise
in the stakeholder consultation exercise and                                                                            consultation)
disseminate its results

Run (internal and external) awareness-raising
initiatives on the importance of preserving
biodiversity, in partnership with key stakeholders              10 periodic awareness-raising initiatives for CTT       Annual (2020 and
in the area, with a view to raising awareness of the            employees and local communities                         subsequent years)
importance of biodiversity and ecosystem services

Integrate biodiversity conservation and                         CTT Purchasing Policy, updated with specific
                                                                                                                        2020 and applicable
preservation concerns into the company’s                        criteria for biodiversity conservation and
                                                                                                                        to subsequent years
Purchasing Policy and respective dissemination                  protection, published on the CTT website

Implement initiatives in the field that aim to
mitigate impacts on biodiversity in Portugal,                   3 initiatives carried out in the field and the number   Annual (2021 and
by enlisting the help of company and partner                    of employees/participants                               subsequent years)
employees

Promote ecological restoration in areas of
                                                                Increase the area of national planted forest and/or
special national interest through native trees                                                                          Annual (2020 and
                                                                natural habitats, compared to the preceding year
and/or shrubs plantation and natural habitats                                                                           subsequent years)
                                                                (> 90 ha since 2014)
preservation

Establish partnerships with key players to develop
and incorporate measures to combat biodiversity                 Establish at least one long-term partnership, per       Long-term
loss in national territory                                      year (names of partners and specific purposes)          partnerships

Train employees in good environmental practices                 90% of all company employees trained in good            2020-2025
and on the company’s environmental performance                  environmental practices

Invest in local, national or international projects
                                                                                                                        Annual (2020 and
that aim for environment and biodiversity                       Amount invested (euros/year)
                                                                                                                        subsequent years)
conservation

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).

                                                                            19
António Cunha Pereira
                                                                       CEO

                                                                       www.ecoinside.pt

Ecoinside’s commitments to act4nature Portugal

Ecoinside, founded in 2006, is a technology company that             We have made six individual commitments that have
has always prioritised the sustainable development of                been crafted by the team as a whole, with the aim to
organisations across Portugal. The main driver behind the            actively raise awareness of ECOINSIDE employees, clients,
company’s creation was to insert the word eco-efficiency             suppliers and partners. At the same time, we see an
into the Portuguese lexicon and to put into practice the idea        opportunity here to assess the environmental impact of
that it is possible and advantageous to reconcile ecology            our business and develop a set of important action plans
with the economy.                                                    that will most certainly support us in taking concrete steps
                                                                     towards energy transition. We believe, as we have done for
                                                                     the last 15 years, that yes, it is possible for organisations
Our first projects were aligned with this vision. The
                                                                     to both improve their economic performance and preserve
implementation of BIORIA in Estarreja and NaturRia in
                                                                     nature.
Murtosa were examples of this - the Ria was given back
to the citizens, local fauna and flora were promoted, to
the point that today these two natural spaces are known
and cherished by the general population. We operate in
five major areas and in each of these we seek to reconcile
our passion for environmental protection with the need
for a productive and efficient economy. These areas are
renewable energy, energy and water efficiency, energy                          In joining the act4nature Portugal
management, electric mobility and sustainability.
                                                                             initiative, we have found the perfect
                                                                              way to materialise the values that
We are committed to protect biodiversity, reduce our
carbon footprint and return to nature the resources it gives                 underpin our company’s foundation
us to develop our business. We also want to extend this                                    and culture.
commitment to our clients and partners, introducing them
to our example and good practices. In 2020, we joined the
act4nature Portugal initiative and, thus, found the perfect
way to materialise the values that underpin the foundation,
culture and values of our company.                                                                        António Cunha Pereira
                                                                                                                  Ecoinside CEO

                                                                20
Insert biodiversity into our value chain:

•   systematic integration of biodiversity in the
    preparation of our business solutions and
    business consultancy work, through the            Number of companies we are working with on this
    development of specific analyses                  theme

•   inclusion of ecosystem preservation concepts,     Number of submitted proposals                        Annual
    their evolution and nature-based solutions        Percentage of proposals implemented
•   analysis of biodiversity and ecosystem
    services related problems in the strategies of
    the companies we serve

Assess the impact of Ecoinside’s business activity
on biodiversity and define monitoring indicators
to be reviewed annually and published in the          Report on the biodiversity impacts of our business
sustainability report:                                activities and the targets achieved in reducing      2020 - 2020
                                                      negative externalities
•   Perform the analysis of selected indicators and
    publish the report by the end of 2020

                                                      Percentage of employees who have had biodiversity
Train and raise awareness of biodiversity:            training

•   Reach 100% of trained employees on                Number of events and results
    biodiversity by 2021                                                                                   2020 - 2022
                                                      Reforested area (ha)
•   Carry out awareness actions with employees
                                                      Number of planted trees
    and civil society, in the next two years
                                                      Number of internal publications on biodiversity

Manage green spaces:

•   Create a garden/kitchen garden at the new
    Ecoinside premises. This will foster:
                                                      Report on the biodiversity impacts of our business
    •   employee well-being through access to         activities and the targets achieved in reducing      2020 - 2021
        green spaces                                  negative externalities
    •   an increase in biodiversity in the garden,
        which will serve as a shelter for some
        invertebrate species, such as pollinators

                                                      Number of annual meetings
Establish an internal committee responsible for the
                                                                                                           2020 and subsequent
biodiversity strategy and annual implementation of    Number of members
                                                                                                           years (annual)
the biodiversity action plan
                                                      Number of active initiatives in the plan

                                                                21
Develop a local action plan with partnerships in
order to promote biodiversity:
                                                                Partnership created (school group)
•    Engage schools in our activities. Establish
     a routine of school visits at specific times               Action plans for 3 partners (schools)
                                                                                                        Annual
     to communicate our work on sustainability,                 3 measures implemented per plan
     biodiversity, energy efficiency and renewable
     energy production

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).

                                                                           22
José Pedro Salema
                                                                       Chairman of the Board of Directors

                                                                       www.edia.pt

EDIA’s commitments to act4nature Portugal

Empresa de Desenvolvimento e Infraestruturas do                      The EFMA was implemented in an area that contains a
Alqueva, S.A. (EDIA) is a state-owned business overseen by           wide of diverse habitats and species. The company cares
the Ministry of Agriculture. Its mission is to design, build,        about ensuring the integrity of these habitats and has
operate and promote the Alqueva Multi-Purpose Enterprise             made a significant contribution to the stability of the
(EFMA), and it’s responsible for the largest irrigation area         environment and of the natural resources in its area of
in Portugal (120,000 ha + expansion project of 50,000 ha).           operation.

EFMA’s area of influence covers about one third of                   A suitable biodiversity conservation strategy will feature
Alentejo. In addition to the hydro-agricultural benefit, the         elements that cover the prevention, management and
large size, scope and modernity of the water infrastructure          mitigation of the damage that the organisation’s practices
under management allows the company to also engage                   can cause to natural habitats.
in hydroelectric power generation through a reversible
system, public and industrial water supply, flow control
                                                                     Joining act4nature Portugal represents the culmination
and correction, environmental and heritage conservation
                                                                     of the strategy that EDIA has already been implementing
and development and land use planning.
                                                                     to foster the environmental and economic sustainability
                                                                     of the Alqueva Project, with a specific emphasis on
We believe that the planned expansion of the area that               biodiversity, within the company’s activities and also the
benefits from this management and the implementation                 stakeholders activities.
of an ambitious photovoltaic energy production project
for self-consumption, which will reduce our energy
                                                                     In joining the initiative, EDIA will continue, in a reinforced
expenditure – the system’s largest operating costs – will
                                                                     way, to give a voice and embrace the importance of such
be the main developmental anchor points for the long-
                                                                     issues as the protection, promotion and restoration of
term sustainability of the Alqueva project.
                                                                     biodiversity within the company, within the society in
                                                                     general and in the surrounding business community.

      The best way to contribute to the protection of biodiversity is to set an example.
       EDIA gives this example, incorporating its concern for the sustainability of the
              area in which it operates into the very DNA of its core business.

                                                                                                             José Pedro Salema
                                                                                         Chairman of the EDIA Board of Directors

                                                                23
Oversee the bat shelter boxes set up within the
Pedrógão- Alqueva system:                                 Number of oversight initiatives: 2
•   oversee the existing network of shelter boxes                                                                  2020 – 2022
    installed around the Alqueva and Pedrógão             Number of management and rehabilitation initiatives: 2
    reservoirs and, if necessary, strengthen/
    rehabilitate this network

Monitor and manage invasive exotic species:

•   EDIA has been working closely with the
                                                          Number of oversight initiatives: 60
    entities responsible for this matter and has
    implemented early detection and control                                                                        2020 – 2022
                                                          Number of management and rehabilitation initiatives: 2
    measures for the common water hyacinth
    (Eichhornia crassipes) in the section upstream
    of the Alqueva reservoir

Develop the EDIA Sustainability Report:

•   EDIA will use this report to disseminate and
    comment on its environmental, social and
    economic performance and to strengthen its            Annual Sustainability Report                             2020 – 2023
    commitment to the development of Alentejo,
    with biodiversity being one of the main issues that
    the company intends to focus on

Set up partnerships for the conservation of natural
assets:

•   local interventions designed to underpin the
    compatibilization of agriculture with natural   Number of areas involved: 2                                    2020 - 2022
    assets and the conservation of biodiversity
    through the establishment of local and regional
    partnerships

Deliver awareness-raising initiatives aimed at
beneficiaries:

•   organisation of initiatives, aimed at
    beneficiaries, that will raise awareness of           Number of initiatives: 4                                 2020 - 2022
    the importance of biodiversity on farms.
    These will encourage the implementation of
    measures, the creation of show areas and the
    publicising of these areas

Deliver awareness-raising initiatives aimed at the
school community:

•   conduct/collaborate in awareness-raising
                                                          Number of initiatives: 4                                 2020 - 2022
    initiatives on the importance of biodiversity in
    the EFMA region

                                                                   24
Disseminate best practices:

•    establish guidelines for the adoption of good
     agri-environmental practices by encouraging                Publication of the Code of Good Agricultural Practices   2020 - 2022
     beneficiaries to help minimise the effect of
     farms on existing natural assets and their
     biodiversity

Implement conservation and rehabilitation actions
                                                                Intervention in two units                                2020 - 2022
for Mediterranean Temporary Ponds

Promote the setting up of eco-friendly corridors,
                                                                Ecological Connectivity Plan for the EFMA                2020 - 2022
thus fostering ecological connectivity in the EFMA

Promote awareness-raising initiatives for
employees:

•    increase employee awareness, including
     through awareness-raising initiatives that                 Number of sessions: 1                                    2020 - 2022
     focus on the importance of biodiversity and
     ecosystem services

Develop participatory initiatives for biodiversity:

•    These initiatives, which will be part of a wider
                                                                Setting up of one competition                            2020 - 2022
     strategy and will be of increasing complexity,
     will raise employee awareness and drive the
     implementation of specific concrete actions

Implementation of the LIFE project, Montado Adapt:

•    the adaptation strategy in the project is based
     on increasing the Montado/Dehesa system’s
     resilience to climate change, through the
                                                                Project area: 1,250 ha                                   20I6 – 202I
     creation of sustainable farming activities that
     will stimulate the economic role of the rural
     world, avoid new migration and reduce the
     pressure on the environment

Disseminate best practices - A picture is worth
more than a thousand words:

By producing and publishing short awareness-
                                                                Number of Videos: 12                                     2020 - 2022
raising, promotion and good environmental practice
videos on its social media and YouTube channel,
EDIA is helping to inform the wider public of good
examples in a dynamic and appealing way

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).

                                                                           25
António Martins da Costa
                                                                      Member of the Executive Board of Directors

                                                                      www.edp.pt

EDP’s commitments to act4nature Portugal

Protecting biodiversity is a key feature of the EDP Group’s         The group is determined that its business activities
corporate strategy. The group’s Environment Policy                  will result in a positive overall balance of biodiversity.
underpins three lines of action: climate change; the                To achieve this, it is gradually applying the mitigation
efficient management of natural resources; and protecting           hierarchy to its various projects, prioritising, in doing so,
biodiversity, an area for which two specific commitments            the very earliest planning stages, before the impact occurs.
have been made:
                                                                    Furthering scientific knowledge and setting up
1. “Contribute to preventing or reducing biodiversity loss,         partnerships
   […];
                                                                    EDP’s work in this area is rooted by participatory,
2. Contribute to deepening scientific knowledge                     long-term and adaptive management processes that
   […], particularly through the establishment of                   are capable of dealing with the natural dynamics of
   partnerships.”                                                   ecosystems and the uncertainties associated with their
                                                                    behaviours and responses. EDP underpins its commitment
Since 2008, this policy has served as the anchor                    to building scientific knowledge by financing the EDP
point for the EDP Group’s ISO 14001:2015 certified                  Biodiversity Chair (EDP Chair), which currently focuses on
corporate environmental management system, which                    two fields of research that are particularly relevant for the
covers “the corporate management of EDP Group                       Group: Environmental Genomics and Impact mitigation for
policies, commitments and environmental performance                 power generation and distribution technologies.
worldwide”.
                                                                    The other partnerships with organisations working on
The work that the company does, on an ongoing basis, to             the ground not only foster the creation and sharing of
identify and understand the impacts of its business activity        knowledge but have also proved to be a key factor in
on biodiversity loss includes:                                      bolstering society’s trust in the company and the industry.

•   assessment of risks and of opportunities for acting             EDP’s most recent collaboration in this area is with IUCN,
    early and effectively;                                          for the promotion of best practices for mitigating the
                                                                    impacts on biodiversity generated by renewable energy
                                                                    projects.
•   being at the foresight of regulatory pressures, by
    engaging in dialogue with policymakers;
                                                                    Duty of transparency
•   ensuring that its decision-making takes societal
    expectations into account;                                      Accountability is a current practice of EDP, recognized
                                                                    worldwide for its contribution to sustainable development
                                                                    by different raters and indexes, in which the Dow Jones
•   monitoring by means of impact indicators;
                                                                    Sustainability Index (DJSI) stands out.EDP has been rated
                                                                    on this index for 12 years in a row and, in 2019, was named
•   periodically reporting on the group’s performance.              the #1 company in the world, among integrated utilities.

Ambition for a Positive Balance                                     The group has published biodiversity reports since 2009
                                                                    and EDP’s approach, performance and practices in this
EDP has set a corporate goal of attaining “No Net Loss” in          area are detailed in the recently released Biodiversity
all new projects for which significant residual impacts have        Report 2015-2019.
been identified.

                                                               26
At EDP, we recognise the impacts our business activity has on biodiversity and work daily
 to improve our social licence to operate. Committing to act4nature Portugal is a natural
step for us and marks the beginning of a collaborative approach by the various players in
                                         Portugal.

                                                                                                           António Martins da Costa
                                                                                 Member of the EDP Executive Board of Directors EDP

  Prepare an No Net Loss (NNL) Internal Guide on
                                                             Implementation rate (%), internal publication      2020-2022
  biodiversity for the entire EDP Group

  Implement an NNL training programme                        Number of employees involved                       2022-2023

  Achieve biodiversity NNL in all new projects with
                                                             Percentage of new NNL projects                     2022-2030
  significant residual impacts

  Evaluate and value the EDP Group’s environmental
                                                             Percentage achievement; internal publication       2020-2023
  externalities

  Evaluate the effects of mortality (by electrocution
  and collision) risk reduction measures on the
                                                             Scientific publication                             2020-2021
  dynamics of endangered bird populations along
  electricity distribution lines

  Draw collision electrocution risk maps for the six most
                                                          Number of maps                                        2020-2021
  endangered species of birds in Continental Portugal

  Meet a target of correcting 700 km** of existing
  electricity distribution lines, in areas of high risk of   Kilometres of corrected line                       2020-2021
  mortality for endangered bird species

  Carry out a study on sedimentation in the reservoirs
                                                       Implementation rate (%), internal publication            2020-2024
  in EDP’s Douro system

  Publish biodiversity data obtained through
                                                             Biodiversity occurrence data published on the     2020-2021
  evaluation and monitoring studies on
                                                             GBIF platform*** (objective: 750,000 data items
  environmental impacts and compensation
                                                             published)

                                                                       27
Set up partnerships through the EDP Chair
to increase the scientific knowledge of the                     Scientific publications
                                                                                                                 2020-2021
environmental impacts and compensations of                      Academic theses
EDP projects

Set up partnerships through the EDP Chair for                   Scientific publications
the development and testing of new biodiversity                                                                  2020-2021
monitoring methodologies                                        Academic theses

                                                                Scientific publications
Support long term research activities at the Baixo              Academic theses                                  2020-2021
Sabor LTER                                                      Publication of biodiversity datasets and
                                                                environmental parameters on the DEIMS platform

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).
** Target to be periodically updated
*** global biodiversity information facility

                                                                           28
Luís António Lousa Duarte
                                                                          Manager

                                                                          www.herdadedosgrous.pt

Herdade dos Grous’s commitments to act4nature Portugal

Herdade dos Grous is located in Albernoa, in the                      Herdade dos Grous is committed to working in a way that not
municipality of Beja, in Baixo Alentejo. Every year,                  only delivers client satisfaction but also creates a sustainable
tourists from all over the world travel here to enjoy the             environment, in line with key principles that include the
spaciousness, tranquillity and beauty of this estate. Of a            following:
total of 1,050 hectares, 93 are given over to integrated
production vineyards that are managed in an ecological and            •   to develop a plan for the management of biodiversity
sustainable way. The remaining area is divided into olive                 and ecosystems throughout the estate and adjoining
groves, meadows, pastures, scrub, wetlands, the Grous                     areas;
dam reservoir and the open forest of cork and holm oaks.
                                                                      •   to integrate the PSVA into the overall management of
As part of its sustainability management process, Herdade                 the company;
dos Grous participates actively in the Alentejo Wine
                                                                      •   to continuously improve efficiency, productivity and the
Sustainability Programme (PSVA). The objective of this
                                                                          environmental and sustainability performance of both
pioneer project, with voluntary adherence, the first of its
                                                                          the activities and the products;
kind in Portugal, is to provide members with a tool that
allows them to assess the way in which they currently                 •   to draw up action plans to identify, assess and address
run their business activities. It also offers best-practice               the risks and opportunities associated with the product
recommendations for increasing both vineyard and wine                     life cycle;
competitiveness and sustainability. The challenge is to
produce quality grapes and wine in an economically viable             •   to protect the environment, including preventing
way, whilst protecting the environment and biodiversity                   pollution, mitigating and adapting to climate change and
and improving relations with employees, neighbours, and                   protecting biodiversity and ecosystems;
other stakeholders.
                                                                      •   to make rational and efficient use of natural resources
THE MISSION: We have taken on the mission of producing in                 and energy;
a sustainable and responsible way that will safeguard the
environment and reduce our carbon footprint.                          •   to minimise waste production and maximise waste
                                                                          valorisation;
THE VISION: To provide high quality products, having
as guiding axes the protection of the environment and                 •   to embed environmental values in the assessment of
nature, the fulfilment of Sustainable Development Goals                   new projects and decision-making to business growth.
established, social responsibility and economic profitability.

At Herdade dos Grous, we prioritise the growth of ecological resilience and the adaptation to
                climate change, particularly as regards to sustainable farming.
If we look beyond the vineyards and take in the landscape as a whole, we see meadows and
 scrub, olive groves, wetlands and cork and holm oak forests. All of this landscape diversity
   comprises the underlying ecological network that not only supports the business model
   but also ensures that the next generation will enjoy at least the same, but ideally better,
                      conditions for intelligent and responsible farming.

                                                                                                       Luís António Lousa Duarte
                                                                                                    Manager of Herdade dos Grous

                                                                 29
Management Plan and evidence of results
                                                                (installation of 100% indigenous pastures
Develop and implement a Biodiversity and                        comprising species with greater climate resilience
Ecosystem Services Management Plan for                          and greater functional diversity; installation of       2019 – 2021
Herdade dos Grous                                               riparian hedges along four watercourses that run
                                                                between the vineyards; planting of mixtures of
                                                                annual and shrubby plants for pollinator banks)

                                                                Implementation results for the REF. GROUS project
                                                                (Strategic evaluation of Herdade dos Grous’ natural
                                                                capital; Management of bioindicators for the
Implement a bioindicator management process
                                                                Fundamental Ecological Network; Restoration of
that supports an action plan for restoring
                                                                the Fundamental Ecological Network; Integration
ecosystems and their functions and increases the                                                                        2020 – 2021
                                                                of vineyard sustainability with the Alentejo Wine
climate resilience of the Fundamental Ecological
                                                                Sustainability Programme (PSVA); and Development of
Network that underpins all production
                                                                a dissemination and communication strategy) approved
                                                                by the Environment Fund under its ‘Biodiversity
                                                                Management and Natural Capital Reinforcement’ notice

Set up a vine sustainability plan based on native
                                                                Vineyard management and reconversion plan               2020 - 2025
grape varieties resilient to climate change

Integrate biodiversity, ecosystems and natural                  Chapter on the Economic Evaluation of Natural
capital into the 2020 Sustainability Report                     Capital and Ecosystem Services in the 2020              2020 – 2021
                                                                Sustainability Report

Promote best practices for the management of                    In furthering its objectives and initiatives, Herdade
biodiversity, ecosystems and climate adaptation                 dos Grous also intends to develop and implement
                                                                                                                        2020 - 2021
in other group projects, particularly in the Douro              a Plan for Biodiversity and Ecosystem Service
Demarcated Region                                               Management for its Douro estates

* Specific | Measurable | Additional | Realistic | Time-bound (with a set time frame).

                                                                           30
Pedro Soares dos Santos
                                                                      Chairman and CEO

                                                                      www.jeronimomartins.com

The Jerónimo Martins Group’s commitments to act4nature Portugal

With over 225 years of experience in the food business and          c) Foster sustainable agriculture
more than 4,300 stores spread across Portugal, Poland                  We have been working with fruit and vegetables
and Colombia, the Jerónimo Martins Group is committed                  suppliers to encourage sustainable agricultural
to democratise the access to quality food, based on                    practices since 2014. We have written a Sustainable
sustainable value creation.                                            Agriculture Handbook, which, in addition to raising
                                                                       awareness of these practices (e.g., biodiversity
As fresh food specialists, we know it is our responsibility            preservation), can be used to calculate the
to limit our business activity impacts on biodiversity and             sustainability index for farms and monitor its evolution.
ecosystem services. That is why we have created a set of
policies and initiatives that reflect our ongoing mitigation        d) Fighting climate change
efforts in six priority areas:                                         We have introduced measures to minimise carbon
                                                                       emissions associated with our business. These include
a) Net zero deforestation                                              investments in renewable energy systems, the use of
   We implement initiatives that aim to reduce the carbon              new technologies to reduce carbon emissions in cooling
   emissions associated with deforestation, preserve the               and air-conditioning systems and waste management.
   biodiversity of these ecosystems and help eliminate
   human rights, child and/or labour abuses associated              e) Preserving biodiversity
   with palm oil, soy, timber, and beef. We share these                Our potential communication reach of over four
   commitments through our membership of the Forest                    million daily visits to our stores, allow us to create
   Positive Coalition of Action.                                       campaigns for raising awareness on the importance of
                                                                       preserving biodiversity. We also partner with research
b) Preservation of the marine ecosystem                                centres and/or NGOs to promote specific biodiversity
   Through our Sustainable Fishing Strategy, we are                    conservation projects.
   committed to promote the consumption of fish species
   caught in compliance with practices that prevent                 f) Monitoring and disclosure
   overfishing. Thus, we have established initiatives for              We also maintain a regular dialogue with our stakeholders,
   each of the three conservation risk categories defined by           in order to identify and prioritise material sustainability
   the IUCN.                                                           issues. We have created sustainability committees in
                                                                       our companies, to monitor such topics as biodiversity.
   We are also working to fight plastic pollution, by                  Moreover, the Committee on Corporate Governance and
   ensuring that all Private Brand packaging will be                   Corporate Responsibility works closely with the Board of
   100% recyclable by 2025. We are also committed                      Directors on sustainability issues.
   to reduce specific plastic consumption, in line with                Our policies, commitments and initiatives are widely
   our membership of the New Plastic Economy Global                    published, particularly on our corporate website.
   Commitment.

   As food experts with over 225 years, our business depends on what Nature produces.
 Protecting the planet’s natural resources is therefore crucial to ensure we can feed future
 generations in a such a way that it will guarantee the continuity of our business. It is also
          why the conservation of biodiversity is such a strategic priority for the
                                   Jerónimo Martins Group.

                                                                                                    Pedro Soares dos Santos
                                                                                        Chairman and CEO of Jerónimo Martins

                                                               31
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