We are Ardo5The path to a moresustainable food systemMinimal environmentalimpactAgronomyMIMOSA+Food safety, qualityand innovationRespect forour employeesRelationship withour stakeholdersSustainabilitySustainabilitystatementsstatementsDefine material ESG topicsArdo's double materiality matrixEnvironment1sustainability topics based on three dimensions: the importance to2 Carbon footprinthighThe double materiality assessment enables us to prioritise keystakeholders, the biggest impacts of Ardo on the planet and society1131and the biggest financial impacts on Ardo. Combining these three29dimensions resulted in the final double materiality matrix for Ardo.topics. Ardo’s Board of Directors and Audit Committee were activelyinvolved in the process and approved the results and material topicsby the end of May 2024. The materiality thresholds were defined basedon an industry benchmark and an average of the scores of all topics.4 Water management6 Waste management7 Food waste4mediumimpact materiality, we identified eight double-material sustainability3 Climate change impact & adaptation5 Sustainable packagingFinancial impact on Ardo*Using materiality thresholds of ≥6 for financial materiality and ≥7.5 forEnergy management151658 Responsible sourcing149 Regenerative agricultureSocial8Based on the priorities outlined in the materiality matrix, we have1312710 Health & well-being of local communities11 Food quality & food safety12 Innovative & nutritional food17confirmed our sustainability strategy which will be incorporated in the13 Inclusion & diversitycorporate strategy towards 2035. Moving forward, we will further refine14 Employee well-being & safetyMore information:→ The Path to a more sustainable food system > 4. Turning our6lowour focus and enhance our reporting on these key material topics.10low15 Employee engagementmediumhighArdo's impact on planet & societysustainability ambition into realitySBM-3 — Material impacts, risks and opportunities and theirGovernance16 Corporate governance17 Human rights & ethics*Financial includes potential reputational, regulatory,The size of the circles represent the importance ofand operational risks/opportunitiesmaterial topics to stakeholders: howinteraction with strategy and business model(s)stakeholders think Ardo is currentlyperforming on ESG topics and what these stakeholdersMore information:→ The Path to a more sustainable food system > 3. Founding ourstrategy on sustainability & 4. Turning our sustainability ambition80into realityENVIRONMENTAL TOPICS -SOCIAL TOPICS -GOVERNANCE TOPICSthink should be future priorities for Ardo.
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