We are thrilled to announce that we at Grupo Armando Alvarez have been awarded the prestigious "Outstanding Social Commitment Policy Award" in recognition of our tireless efforts in promoting the welfare and improvement of the community of Cantabria. This prestigious award was presented by CEOE-CEPYME during an outstanding ceremony held yesterday 9th November.

At Grupo Armando Alvarez we are carbon neutral and committed to a sustainable future, taking significant steps to reduce and offset our carbon emissions in all our operations. To this end, we calculate our Scope 1 and 2 emissions, we incorporate renewable energy in 100% of our activities, we are committed to a circular economy model and we reduce, reuse and recycle. In addition, we carry out offset projects thanks to the forestry activities of our company, Alvarez Forestal.

At the Armando Alvarez Group we are committed to sustainability and to promoting resource circularity and responsible practises for our environment.

Armando Alvarez Group celebrates having received from the Spanish Association of Plastics Industry (ANAIP, for its acronym in English), the Spanish and Sustainable Plastics Industry seal in the category of Excellence, which has been officially presented today June 5, 2023, on the occasion of the World Environment Day. This seal, a certification mark registered at EU level, recognises the work and commitment of the companies that make up the plastics sector in the interests of sustainability.

Thanks to the joint contribution of all the companies participating in ERDE, in 2022 we reduced greenhouse gas emissions by 42,748 tonnes in absolute terms.

We hereby present the 2022 Corporate Sustainability Report, which includes a summary of the key indicators for the Group companies. This report explains the actions that we have taken to strengthen our commitment to environmental, social and good governance sustainability.

The Armando Alvarez Group was applauded by the UN Global Compact as an example of good practises regarding climate change and circular economy in its 2022 Communication on Progress report, which every year presents the sustainability progress reported by participating Spanish companies.