Sustainability Report 2022
By enhancing PRISA's sustainability strategy and linking it with the company's business strategy, the Group has also been able to raise its profile on a range of ESG indices and ratings , such as MSCI , Sustainalytics, FTSE4Good and ESG Climate Risk (Moody's). In December 2022, the company was in the top quartile for media and entertainment sector businesses in the S&P Global Corporate Sustainability Assessment , and its rating improved by more than 13 points compared to 2021 (60 vs. 47) in the Bloomberg ESG Transparency Index . In addition, PRISA has made progress in terms of the presence of women on the Board of Directors, which stands at 35.7%, enabling the Group to make it onto the IBEX Gender Equality Index. It should be noted that during 2022 there was a Group refinancing and, for the first time ever, an improvement of margins linked to ESG criteria was established. In order to improve communication of the Group's projects and milestones related to sustainability and the progress of its master plan to employees and other stakeholders, the PRISA IMPACTA initiative was rolled out in November. It uses a range of different channels to raise awareness and provide information on the Group’s ESG initiatives. PRISA is uniquely placed, through its business units, Santillana and PRISA Media, to lead the transition towards a sustainable economy and to drive social and climate transformation that has a real and positive impact on people. Through education, quality news and entertainment, we shall endeavor to continue promoting equal opportunities and the progress of a democratic and inclusive society for all. 3 pillars 17 priorities 27 strategic principles 69 targets 76 initiatives The ESG criteria refer to the environmental, social and governance aspects of a company. Carbon neutrality by 2035. To improve management systems to prevent, mitigate and offset environmental impact. To be a key player in the progress and transformation of education centers in Latin America. To set the gold standard in raising awareness around the major social and environmental challenges of the 21st century through our brands’ specialized content and campaigns. To guarantee the truth and reliability of all information and news . To set an example of diversity in our educational content and media campaigns . Continuous improvement regarding the accessibility of our content . To be seen as a major driver of sustainability among advertisers and at events. A commitment to social action . A commitment to the retention and development of talent . Increased diversity and equality in our teams. Reinforcement of Sustainability in Governance . Excellence in ethics and compliance management. Privacy protection and data security. Integration of ESG risks and opportunities in decision making . Increased transparency with stakeholders through reporting and communication. Continuous improvement of ESG due diligence across the supply chain . Priority SDGs Transversal SDG G 17 priorities aligned with the SDGs and ESG criteria E G S PRISA Sustainability Report 2022 21 20 PRISA, the global gold standard for education and news
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