Sustainability

Taking on sustainability as the capacity to meet the needs of the present without jeopardising the ability of future generations to meet their own needs, InterAlco focuses its efforts on the balance between economic growth, environmental protection and social equality. Its objective is to achieve sustainable development which fosters human wellbeing, the conservation of natural resources and the protection of the environment, by adopting to that end responsible and conscientious practices at both the individual and corporate levels.

InterAlco's strong commitment to sustainability has as its principal lines of activity the monitoring of the environmental impact of its activity, its social responsibility, its business ethics, innovation, transparency and accountability, as well as collaboration for the promotion of sustainability in all areas

The environmental impact assessment and control of all its activities, working permanently to reduce its environmental footprint. This work includes the proper management of the generated waste, the reduction of greenhouse gas emissions and the conservation of the natural resources of its surroundings;

In terms of Social Responsibility, the Company is strongly committed to improving the quality of life of its employees, local communities and society in general, including the fostering of gender equality, respect for human rights, training and support for the local community;

Corporate ethics is another cornerstone of this commitment. In this regard, the entirety of its activities is based on ethical criteria and strict compliance with applicable laws and regulations in all areas of its operations. Its Criminal Compliance system is a clear example of this. InterAlco Code of Ethics and Supplier Code of Ethics and Conduct

In terms of Innovation the Company strives for continuous improvement of its products and services in order to reduce its environmental impact and, furthermore, improve its efficiency.

Transparency in its business practices and operations, as well as Accountability to groups, institutions and organisations of relevance or interest is another of the principal lines of action of this commitment.

Collaboration with other companies, organisations and stakeholders is essential for the promotion of sustainability, working together to address global challenges.

Sustainability in the Dehydration Plant’s activity

Entails the implementation of responsible and sustainable practices at all stages of the supply chain, including the selection of certified sustainable raw materials, responsible water management, consideration of social and economic impacts, and the entire bioethanol life cycle assessment. Bioethanol production is an activity which undoubtedly contributes to sustainability if it is undertaken taking into account responsible and sustainable practices. At InterAlco, the production of bioethanol from raw materials included in Part A of Annex IX of the RED II is, unquestionably, one of the major contributions, since it ensures that the raw materials come from sustainable sources, such as agricultural residues, and does not contribute to deforestation or soil degradation. Furthermore, the technology of its production process ensures responsible water management, through recycling processes and the recovery of water vapor condensates, which result in the optimisation of water use in the production process. Moreover, the use of alcohols from the distillation of wine by-products as raw material has a strong social and economic impact on the region, given the fact that the Dehydration Plant is located in the epicentre of the domestic wine industry. The bioethanol produced at InterAlco is certified by two Voluntary Sustainability Systems, the ISCC and 2BSvs Standards, and by the National Sustainability Verification System, ensuring the traceability of the entire life cycle, from the origin of the raw material to its use as biofuel.

Sustainability in the Hydrocarbon Operator’s activity

Sustainability is a major issue. In this regard InterAlco pursues the implementation of responsible and sustainable practices in all stages of the activity undertaken, from procurement to delivery, in order to minimise its environmental, economic and social impact. These practices entail a careful selection of suppliers and business partners which likewise implement sustainable practices, which take into consideration the environmental and social impact of its activity, such as for example, risk assessment and sustainability-related opportunities in decision making, the monitoring of greenhouse gas emissions of the products marketed, as well as the management of environmental and social impacts derived from the activity. The Hydrocarbon Operator works in collaboration with its clients and suppliers to improve sustainability in the supply chain as a whole. Collaboration which translates into initiatives to reduce energy use and greenhouse gas emissions, improve efficiency in hydrocarbon distribution, and support the transition towards renewable and low-carbon energy sources.

Sustainability in the Alcohol Bonded Warehouse’s activity

Entails responsible practices and policies intended at minimising the environmental and social impact inherent to the purchase and sale of alcohol and beverage derivatives thereof, as well as their storage, handling and processing. Sustainable practices in this area include the use of more efficient and cleaner vehicles and transportation technologies, the proper management of waste generated and the adoption of practices to reduce greenhouse gas emissions. Furthermore, Sustainability in the area of the activity of the Alcohol Bonded Warehouse implies the consideration by the Company of the social impact which may be derivative from that activity, including corporate social responsibility and compliance with labour and human rights regulations. Sustainable practices in the management of its supply chain include the selection of local suppliers committed to environmentally and socially responsible practices.