ENVIRONMENT

At Bondalti, our commitment to the environment is an absolute priority. We have implemented emerging technologies to reduce our carbon footprint and improve water and waste management, and we are committed to decarbonizing our processes and making them circular.

Responsible water and waste management is essential to us, and we develop innovative projects to ensure the sustainability of our operations. In addition, we actively engage with the community to address issues such as air pollution and emissions, reinforcing our corporate responsibility and our commitment to a more sustainable future.

36%

reduction in Scope 1 and 2 emissions compared to 2005*

-29%

specific water consumption, compared to the previous year*

39%

electricity from 100% renewable sources*

* in Industrial Chemicals

Climate Transition Strategy

Bondalti is aware of its responsibility to actively contribute to the transition to a low-carbon economy. In line with the company’s ongoing efforts to decarbonize its operations and value chain, Bondalti views climate action as a fundamental component of its entire business model, representing a mission that cuts across all areas of the organization.

Based on this commitment, the Climate Transition Council (CTC) was established in 2024, composed of Directors and Coordinators from key areas of the organization and two members of the Executive Committee, including the Chief Sustainability Officer (CSO).

The governance model of this Council has the following structure and respective responsibilities:

Board of Directors

Oversight of the Group’s approach to climate transition in business management

Executive Committee

Management and monitoring of all activities and projects undertaken in connection with the Group’s approach to climate transition, including oversight of climate impacts, risks, and opportunities.

Climate Transition Council

Support for the development and implementation of the Climate Transition Strategy and all priority actions related to climate transition within the Group (policies, procedures, controls, measures, among others)

Risk Management and Internal Audit

Monitor the climate risk management process, ensuring its implementation in accordance with the Group’s established risk management model.

Sustainability and Climate Transition (STC)

Development and coordination of the implementation of the Group’s Climate Transition Strategy; identification, analysis, monitoring, and management of climate risk; responsible for addressing regulations, indices, ratings, and frameworks related to the climate transition

Bondalti Key Areas(1)

Operational implementation of the Climate Transition Strategy’s actions and monitoring of KPIs to achieve the defined goals; monitoring and quantification of climate risks

As a leading business group, Bondalti is committed to spearheading initiatives that promote environmental sustainability and climate change mitigation, aligning its operations with global goals for the climate transition. In line with the decarbonization initiatives implemented both in its operations and throughout the value chain, Bondalti considers climate action a fundamental element of its business model, encompassing all areas of the organization.

Bondalti Chemicals is developing its transition plan to mitigate climate change, with the goal of reducing greenhouse gas emissions and contributing to the transition to a low-carbon economy. This plan includes the establishment of climate targets and a set of measures aimed at reducing greenhouse gas emissions from its operations.

At Bondalti Water, the climate change mitigation transition plan has been taking shape through concrete operational measures aimed at reducing CO2 emissions associated with its activity and at continuously improving the calculation of its carbon footprint.

In 2025, the company strengthened its commitment to sustainable mobility by acquiring 100% electric vehicles, along with an increase in the number of charging stations and the provision of vehicle charging cards, facilitating the adoption of lower-carbon transportation solutions. It also continued to evaluate geothermal and on-site electricity generation solutions, as well as the maintenance and cleaning of solar panels at its operations in Spain, contributing to the efficiency and reliability of existing infrastructure.

The main objective of the Climate Transition Council is to support the development, implementation, and monitoring of the Climate Transition Strategy by overseeing ongoing projects, defining policies and objectives, tracking actions, and planning and allocating the resources needed to carry them out and monitor their progress.

The work of this Council focuses on four strategic macro areas that Bondalti considers fundamental: Strategic Integration; Adaptation of In-House Operations; Value Chain Transformation & Investments; and Engagement and Collaboration.

The creation of this Council is one of the key measures for ensuring an effective governance model for the entire program that will be developed to address the challenges Bondalti faces in these areas.

Strategic Integration

Legal Compliance

Digitalization

Adaptation of own operations

Renewable energy

Optimization & Energy Efficiency

Value Chain Transformation & Investments

Supply Chain / Product

Carbon Removal Solutions

Engagement and Collaboration

Stakeholder Management

Carbon Footprint

Bondalti’s gross greenhouse gas (GHG) emissions contribute directly to climate change, as they result from energy use and processes associated with industrial activity and the value chain.

Given the company’s relative size, the nature of its business, and the geographic context in which it operates, this contribution should be viewed as relatively limited when considered in the context of the country’s and the sector’s total emissions. Nevertheless, Bondalti recognizes the significance of its emissions in terms of their environmental and climate impact and remains committed to monitoring, reporting, and progressively reducing them.

2023
2024
2025
Direct emissions (Scope 1)
29,937
28,648
25,460
Indirect emissions (Scope 2), market-based
68,483
58,057
53,961
Indirect emissions (Scope 2), location-based
99,140
69,156
38,787
Indirect emissions (Scope 3)
980,850
1,378,935
972,805
C1: Goods and services
532,522
722,863
617,439
C2: Capital Goods
3,918
10,945
16,591
C3: Activities related to fuel and energy (not included in Scopes 1 and 2)
26,805
27,094
21,632
C4: Upstream Transportation and Distribution
24,423
22,726
18,874
C5: Waste generated
748
869
746
C6: Business Travel
465
340
201
C7: Mobility (employee travel)
641
864
746
C8: Leased Assets
6
6
6
C9: Downstream Transportation and Distribution
3,669
2,965
3,383
C10: Processing of sold products
387,336
589,891
292,841
Total GHG Emissions (market-based)
1,079,270
1,465,640
1,052,226
Total GHG Emissions (location-based)
1,109,927
1,476,738
1,037,052
GHG emissions outside of Scopes 1–3
Direct biogenic carbon emissions
141
103
71

The Energy of Tomorrow

By 2030, Bondalti Chemicals aims to ensure that 100% of its electricity consumption comes from renewable energy sources, through a strategy based on self-consumption and the signing of Power Purchase Agreements (PPAs), which offer greater price stability and predictability. Currently, approximately 39% of the company’s electricity consumption is already sourced from certified renewable sources, backed by guarantees of origin.

Electricity from renewable sources

39%

2012

100%

2025

by 2030

Water: Management and Sustainability

To manage the environmental and social impacts of water use in an industrial context, Bondalti has prioritized reducing specific water consumption (consumption per metric ton of product).

Water Reuse

+24%

2012

+30%

2025

by 2030

Specific water consumption

-23%

2012

-43%

2025

by 2030

Biodiversity

Bondalti is firmly committed to sustainability and environmental protection, incorporating biodiversity as an essential element of its Together Matters program, particularly within the +Nature pillar.

Projects and Initiatives

Restoration and Conservation of Natural Habitats

Among the projects that illustrate our commitment to biodiversity, the program to restore natural habitats in areas adjacent to our facilities stands out. This program aims to restore degraded ecosystems, promote native flora and fauna, and ensure the continuity of essential ecological cycles.

Species Monitoring

Another example is the flagship species monitoring project, in which we collaborate with local and scientific organizations to identify, protect, and study endangered species. This project focuses on raising awareness about the importance of biological diversity and on developing nature-based solutions.

Ambitions and Goals

Bondalti aims to consolidate its position as an active player in the promotion of biodiversity. Our goals include:

Increase biodiversity values in two regions in Portugal and two regions in Spain by 2030, ensuring the preservation of species and the resilience of ecosystems.‍‍

Implement innovative nature-based solutions to mitigate the impact of industrial activities.

Promote strategic partnerships with local research institutions and NGOs, strengthening scientific knowledge and community awareness of biodiversity.

Case Studies
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Waste and the Circular Economy

As part of its industrial operations, Bondalti generates waste, including hazardous waste, while simultaneously playing an active role in promoting the circular economy by reducing resource consumption, recovering waste, and developing innovative solutions that drive more sustainable and efficient business models throughout the value chain.

Non-hazardous industrial waste recovered

99%

Year n-1

100%

2025

by 2030

Hazardous industrial waste incinerated

-93%

Year n-1

-80%

2025

by 2030

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