ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) POLICY

    Effective Date: October 1st, 2024

    Introduction

    Rovensa’s ESG Policy must be owned by all employees of the company, regardless of their role or workplace. It is not simply a formal document, but a living framework guiding our daily actions.

    Individual ownership of the ESG Policy is fundamental to ensuring its effectiveness, relevance, and integration into everyday operations.

    What is Sustainability and Why is it Important?

    Rovensa strives to feed the planet within its planetary boundaries so that current and future generations have access to healthy food without compromising environmental balance.

    We believe our business plays a strategic role in contributing to sustainable agriculture and ensuring a healthy global food supply.

    As providers of agricultural products, we recognize our responsibility to operate in a way that contributes to environmental sustainability and societal wellbeing.

    This ESG Policy has been developed through an internal stakeholder process and aligns with the United Nations Global Compact and Sustainable Development Goals, including:

    • SDG 2 – Zero Hunger
    • SDG 12 – Responsible Consumption and Production
    • SDG 13 – Climate Action
    • SDG 15 – Life on Land

    Rovensa follows the precautionary principle, ensuring preventive measures are taken to protect the environment even when full scientific certainty is not available.

    Scope of the Policy

    This policy applies to all Rovensa employees, locations worldwide, suppliers, and third parties.

    It serves as an umbrella policy governing environmental, social, and governance activities across the Group.

    Our Commitments

    Promoting sustainable agriculture while operating responsibly across environmental, social, and governance dimensions is fundamental to Rovensa.

    Environmental Commitments

    Product Innovation and Stewardship

    We develop agricultural solutions that preserve biodiversity, promote efficient use of natural resources, and support farmers’ profitability and environmental sustainability.

    We invest in research, innovation, partnerships, and product development to address agricultural challenges.

    Decarbonisation of Greenhouse Gas Emissions

    We commit to achieving Net Zero GHG emissions by 2050 through initiatives including:

    • Responsible carbon management
    • Renewable energy adoption
    • Greening supply chain and operations
    • Climate-friendly agriculture

    Progress is reported annually in our Sustainability Report.

    Eco-efficiency in Industrial Plants

    We continuously improve resource efficiency by reducing:

    • Water consumption
    • Energy consumption
    • Waste production

    Social Commitments

    Wellbeing, Health and Safety

    We protect employee wellbeing and promote a global safety culture through programs such as the STAR Programme to achieve zero harm.

    Employee Development, Engagement and Retention

    We support employee growth through:

    • Professional training and development
    • Performance management processes
    • SMART goal setting and feedback systems

    Diversity, Equity and Inclusion

    We promote diversity and ensure equal opportunities.

    Discrimination based on race, gender, religion, sexual orientation, disability, or age is not tolerated.

    Corporate Social Responsibility

    We contribute positively to local communities and support their development and wellbeing.

    Governance Commitments

    Legal Compliance

    We comply with all legal requirements and maintain strong governance frameworks.

    Risk Management

    We implement structures and controls to identify and manage business risks.

    Business Ethics

    • Zero tolerance for bribery and corruption
    • Compliance with competition laws
    • Prevention of money laundering

    Sustainable Procurement

    We work only with suppliers that comply with ethical, legal, and human rights standards.

    Whistleblowing Procedures

    We provide confidential channels for reporting unethical behavior.

    Data Security and Protection

    We maintain strong cybersecurity systems to protect company and stakeholder data.

    Roles and Responsibilities

    • Executive Management Team and Board: Responsible for overseeing ESG implementation.
    • Sustainability Department: Responsible for ESG policy communication, coordination, monitoring, and reporting.
    • Senior Management: Responsible for implementing ESG initiatives within their business areas.
    • Employees: Responsible for complying with ESG principles and supporting implementation.

    Implementation

    ESG objectives, action plans, and KPIs are defined and implemented across the organization.

    All stakeholders, including employees, partners, and suppliers, are expected to support ESG implementation.

    Monitoring and Reporting

    The Sustainability Committee oversees ESG strategy and performance.

    The Sustainability Department monitors ESG progress and reports results regularly.

    An annual Sustainability Report is published to ensure transparency.

    Policy Governance

    The Executive Management Team approves ESG policy implementation.

    This policy is reviewed annually and updated when required.

    Exceptions

    Any exceptions must be approved by the Executive Management Team.

    Contact

    For questions regarding this policy, please contact:

    Email: sustainability@rovensa.com

    Version Control

    • Version 1.0 – December 2018 – Initial version
    • Version 2.0 – December 2022 – Full policy update
    • Version 3.0 – October 2024 – Updated governance and executive ownership