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Memoria 2016 EN_PRISA_20160315_V4 baja

94 Sustainability at PRISA 72% have an ethical code that applies to all emplo- yees. 62% have mechanisms to assess their CO2 emissions. 36% are signatories to the Global Compact. 65% have plans to combat fraud and adopt the appropriate measures. Responsible management of environmental resources Objectives and Policies PRISA is committed in all its business operations to the environment, with a twofold approach of reducing both the costs and the impact that such operations may have on the world around us. The Group’s Environmental Security Policy includes a series of basic principles with the aim of providing safe products and services that respect the environment throughout their entire life cycle. These principles state that: • PRISA will comply with all applicable legal requirements, and will, whenever possible, make every effort to anticipate them. • The group will actively strive to reduce and prevent pollution and waste, and to conserve energy in all its operations. • The group will require its suppliers to conduct their operations in an environmentally responsible manner. • The group will ensure the safety of industrial operations to avoid any negative impact on the environment. This policy is divided into three levels of action: 1. Consumption control 1.1. Consumption of material The most significant consumption of the Group is associated with printing operations. As can be seen in the following table, the most significant material for PRISA, in this regard, is of paper and paperboard/ cardboard. PRISA’s suppliers must comply with certain minimum legal environmental requirements in the manufacture of paper, and most of them possess the capacity to produce PEFC and FSC accredited paper, thus guaranteeing that controls are being carried out at the various stages of the production process. Santillana, for instance, requires all its suppliers in the US to be certified by the Forest Stewardship Council (FSC) and the Sustainable Forestry Initiative (SFI). What’s more, its principal logistics supplier (Pilot) is certified by the EPA (Environment Protection Agency (EPA), within the SmartWay Transport program. PRISA ensures responsible management at all stages of the lifecycle of paper. In Spain and Portugal, the management of paper is centralized and, as shown in the chart illustrating the paper lifecycle, 70% of paper comes from recycled raw material, obtained from recycling operations carried out by authorized companies, and offering a rate of return of 14% of the raw material. According to information provided by different suppliers, carbon intensity as measured in tons of CO2 per kilogram of paper consumed in Spain is 39,088, and 74,096 for the whole of PRISA, taking into account the different characteristics of the activity and the paper consumed in each case. Furthermore, in order to minimize the impact of paper consumption, the Group has developed a range


Memoria 2016 EN_PRISA_20160315_V4 baja
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