Annual Report 2024

ESRS – European Sustainability Reporting Standards

Correspondence between ESRS topics and material topics resulting from the double materiality matrix

ESRS Topic

 

Disclosure requirement

 

Material topic

Environment

 

E1 – Climate Change

 

GOV-3
SBM-3
IRO-1
E1-1 to E1-9

 

  • Climate Change

 

E5 – Resource Use and Circular Economy

 

IRO-1
E5-1 to E5-6

 

  • Food waste
  • Packaging redesign for sustainable resources use

Social

 

S1 – Own Workforce

 

SBM-2 and SBM-3
S1-1 to S1-11
S1-13 to S1-17

 

  • Labour rights and working conditions
  • Employee learning and development

 

S3 – Affected Communities

 

SBM-2 and SBM-3
S3-1, S3-2, S3-4 and S3-5

 

  • Engagement and supporting local communities

 

S4 – Consumers and end-users

 

SBM-2 and SBM-3
S4-1 to S4-5

 

  • Product affordability
  • Product safety and quality standards
  • Product and services innovation

Governance

 

G1 – Business Conduct

 

GOV-1
IRO-1
G1-1 and G1-2
G1-6

 

  • Sustainable & responsible criteria in the supply chain

ESRS 2 – General disclosures

Basis for preparation

Disclosure requirement Evidence Other Standards

ESRS 2 BP-1

General basis for preparation of sustainability statements

Corporate governance

Basis of elaboration

GRI 2-2
GRI 3-1

ESRS 2 BP-2

Disclosures in relation to specific circumstances

Basis of elaboration

For information on changes to sustainability data presented in previous periods see GRI 2-4.

For information on sustainability required by other legislation or based on sustainability standards and frameworks, see:

GRI Index

SASB

IFRS-S

EU taxonomy

GRI 2-4
GRI 2-22
GRI 3-2
GRI 3-3

Governance

Disclosure requirement Evidence Other Standards

ESRS 2 GOV-1

The role of the administrative, management and supervisory bodies

Section A – Shareholder Structure

Section B – Corporate Bodies and Committees

Section C – Internal Organisation

Governance and strategy

Defining our Priorities

GRI 2-9
GRI 2-12
GRI 2-13
GRI 2-14
GRI 2-17
GRI 405-1

ESRS 2 GOV-2

Information provided to and sustainability matters addressed by the undertaking’s administrative, management and supervisory bodies

Governance and strategy

Defining our Priorities

GRI 2-12
GRI 2-13
GRI 2-16
GRI 2-24

ESRS 2 GOV-3

Integration of sustainability-related performance in incentive schemes

Section D – Remuneration

Governance and strategy

GRI 2-19
GRI 2-20

ESRS 2 GOV-4

Statement on due diligence

Governance and strategy

Minimum safeguards

We also use an independent external verification process of limited reliability to ensure that both the reporting is consistent with the methodologies referred to and the reported figures are marked with the following symbol:

ESRS 2 GOV-5

Risk management and internal controls over sustainability reporting

Managing Sustainability Reporting Risks

GRI 2-14

Strategy

Disclosure requirement Evidence Other Standards

ESRS 2 SBM-1

Strategy, business model and value chain

Double materiality assessment

The Jerónimo Martins Group

Management report

Corporate governance

GRI 2-6
GRI 2-7
GRI 2-22
GRI 3-3
GRI 201-1

ESRS 2 SBM 2

Interests and views of stakeholders

Section A – Shareholder Structure

Section B – Corporate Bodies and Committees

Section C – Internal Organisation

Double materiality assessment

Defining our Priorities

GRI 2-12
GRI 2-29

ESRS E1 – Climate change

Governance

Disclosure requirement Evidence Other Standards

ESRS 2 GOV-3

Integration of sustainability-related performance in incentive schemes

Governance

GRI 2-19

Strategy

Disclosure requirement Evidence Other Standards

E1-1

Transition plan for climate change mitigation

Our climate transition plan

Climate Transition Plan

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business model

Our climate transition plan

Climate Transition Plan

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

ESRS 2 IRO-1

Description of the processes to identify and assess material climate-related impacts, risks and opportunities

Identifying risks and opportunities

Climate Transition Plan

E1-2

Policies related to climate change mitigation and adaptation

Our strategy

Climate Transition Plan

GRI 3-3

E1-3

Actions and resources in relation to climate change policies

Our strategy

Identifying risks and opportunities

Carbon footprint

Our actions to reduce carbon emissions

Climate Transition Plan

GRI 3-3
GRI 305-5

Metrics and targets

Disclosure requirement Evidence Other Standards

E1-4

Targets related to climate change mitigation and adaptation

Climate change

2024-2026 commitments

Long-term commitments

GRI 3-3
GRI 305-1
GRI 305-2
GRI 305-3
GRI 305-5

E1-5

Energy consumption and mix

Energy consumption management

GRI 302-1
GRI 302-3

E1-6

Gross Scopes 1, 2, 3 and Total GHG emissions

Carbon footprint

GRI 201-1
GRI 305-1
GRI 305-2
GRI 305-3
GRI 305-4

E1-7

GHG removals and GHG mitigation projects financed through carbon credits

Our strategy

Note: The Group Companies have not acquired carbon credits to offset their scope 1, 2 or 3 emissions, nor have they implemented removal or storage projects in their operations or value chain.

GRI 305

E1-8

Internal carbon pricing

The use of an internal carbon price aims to promote the reduction of emissions related to fuel consumption, both in own operations (scope 1 emissions) and in the supply chain (scope 3 emissions), through energy efficiency and other low-carbon measures. Examples include: i) investing in fuel efficient passenger vehicles for our own fleet; ii) integrating the fuel efficiency of freight vehicles as a criterion for selecting outsourced transport of goods between our distribution centers and more than 6,000 stores in Portugal, Poland and Colombia; iii) replacing fuel with natural gas.
In addition to assessing the impact on fuel costs and emissions reductions, the use of the internal carbon price makes it possible to anticipate the impact of carbon tax legislation on the Group, both in direct operations and in outsourced activities, where fuel prices have an indirect impact on the Companies’ costs.
We apply a shadow price as an internal carbon price which is updated annually in line with the carbon tax updates in Portugal and Colombia. This is calculated on the basis of a weighted average of the price of carbon taxes in Portugal (€62.45/tCO2) and Colombia (€5.86/tCO2) in the reporting year. As the carbon tax in force in Poland is still very low (0.09 €/tCO2), it is not taken into account in our internal carbon price. The value of the internal carbon price in 2023 was 28.40 €/tCO2.
Scope 1 GHG emissions associated with fuel consumption were covered by the internal carbon price, 86,895 tCO2e (42.7% of scope 1 GHG emissions) and scope 3 emissions associated with fuel and energy activities (16,178 tCO2e) and upstream transportation and distribution (260,575 tCO2e), corresponding to 1% of total scope 3 emissions.

Carbon pricing

E1-9

Anticipated financial effects from material physical and transition risks and potential climate-related opportunities

Managing climate-related risks and opportunities

Identifying risks and opportunities

GRI 201-2

ESRS E2 – Pollution

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

ESRS 2 IRO-1

Description of the processes to identify and assess material pollution-related impacts, risks and opportunities

This topic was not identified as material, nonetheless it is partially reported.

Pollution

E2-1

Policies related to pollution

This topic was not identified as material, nonetheless it is partially reported.

Pollution

Environmental Policy

Sustainable Sourcing Policy

E2-2

Actions and resources related to pollution

This topic was not identified as material, nonetheless it is partially reported.

Pollution

Metrics and targets

Disclosure requirement Evidence Other Standards

E2-3

Targets related to pollution

This topic was not identified as material, nonetheless it is partially reported.

Pollution

GRI 303-2

E2-4

Pollution of air, water and soil

This topic was not identified as material, nonetheless it is partially reported.

Pollution

GRI 2-27
GRI 305-7

E2-5

Substances of concern and substances of very high concern

This topic was not identified as material, nonetheless it is partially reported.

Pollution

E2-6

Anticipated financial effects from pollution-related impacts, risks and opportunities

This topic was not identified as material, nonetheless it is partially reported.

Managing environmental topics

ESRS E3 – Water and marine resources

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

ESRS 2 IRO 1

Description of the processes to identify and assess material water and marine resources-related impacts, risks and opportunities

This topic was not identified as material, nonetheless it is partially reported.

Water and marine resources

GRI 303-1

E3-1

Policies related to water and marine resources

This topic was not identified as material, nonetheless it is partially reported.

Our environmental-related policies

E3-2

Actions and resources related to water and marine resources

This topic was not identified as material, nonetheless it is partially reported.

Water and marine resources

GRI 303-1

Metrics and targets

Disclosure requirement Evidence Other Standards

E3-3

Targets related to water and marine resources

This topic was not identified as material, nonetheless it is partially reported.

Water consumption

2024-2026 commitments

GRI 303-1

E3-4

Water consumption

This topic was not identified as material, nonetheless it is partially reported.

Water consumption

2024-2026 commitments

GRI 303-3
GRI 303-4
GRI 303-5

E3-5

Anticipated financial effects from water and marine resources-related impacts, risks and opportunities

This topic was not identified as material, nonetheless it is partially reported.

Managing climate-related risks and opportunities

ESRS E4 – Biodiversity and ecosystems

Strategy

Disclosure requirement Evidence Other Standards

E4-1

Transition plan and consideration of biodiversity and ecosystems in strategy and business model

This topic was not identified as material, nonetheless it is partially reported.

Biodiversity and ecosystems

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business model

This topic was not identified as material, nonetheless it is partially reported.

Biodiversity and ecosystems

GRI 304-1

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

ESRS 2 IRO-1

Description of processes to identify and assess material biodiversity and ecosystem-related impacts, risks and opportunities

This topic was not identified as material, nonetheless it is partially reported.

Biodiversity and ecosystems

GRI 304-1

E4-2

Policies related to biodiversity and ecosystems

This topic was not identified as material, nonetheless it is partially reported.

Our environmental-related policies

E4-3

Actions and resources related to biodiversity and ecosystems

This topic was not identified as material, nonetheless it is partially reported.

Fighting deforestation

Sustainable fishing strategy

GRI 304-3

Metrics and targets

Disclosure requirement Evidence Other Standards

E4-4

Targets related to biodiversity and ecosystems

This topic was not identified as material, nonetheless it is partially reported.

Fighting deforestation

Sustainability commitments

E4-5

Impact metrics related to biodiversity and ecosystems change

This topic was not identified as material, nonetheless it is partially reported.

Biodiversity and ecosystems

GRI 304-1
GRI 304-2
GRI 304-4

E4-6

Anticipated financial effects from biodiversity and ecosystem-related risks and opportunities

This topic was not identified as material, nonetheless it is partially reported.

Biodiversity and ecosystems

ESRS E5 – Resource use and circular economy

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

ESRS 2 IRO-1

Description of the processes to identify and assess material resource use and circular economy-related impacts, risks and opportunities

Managing circular economy risks and opportunities

GRI 3-3
GRI 306-1

E5-1

Policies related to resource use and circular economy

Our environmental-related policies

E5-2

Actions and resources related to resource use and circular economy

Managing circular economy risks and opportunities

Actions to promote a circular economy

GRI 3-3
GRI 306-2

Metrics and targets

Disclosure requirement Evidence Other Standards

E5-3

Targets related to resource use and circular economy

Materials used and resource outflows

Sustainability commitments

GRI 3-3

E5-4

Resource inflows

This topic was not identified as material according to the updated dual materiality matrix for the 2024 report. For Jerónimo Martins Group, the material issue is related to product packaging.

GRI 301-1
GRI 301-2
GRI 306-1

E5-5

Resource outflows

Waste management

Waste recovery from operations

Total amount of hazardous and non-hazardous waste by type of destination.

Total amount of non-recycled waste: 96,438 tonnes (15.2% of total waste).

Total amount of hazardous and non-hazardous waste by type of destination.

Total amount of hazardous and non-hazardous waste by type of destination (2024)

 

Hazardous waste
(tonnes)

 

Non-hazardous waste
(tonnes)

 

Total (tonnes)

Preparation for reuse

 

0

 

0

 

0

Recycling

 

13

 

47,398

 

47,411

Other recovery operations

 

297

 

490,192

 

490,489

Incineration

 

8

 

300

 

308

Landfill

 

1

 

93,353

 

93,354

Other disposal operations

 

360

 

2,415

 

2,775

Total

 

679

 

633,658

 

634,337

The Jerónimo Martins Group does not produce radioactive waste.

GRI 306-2
GRI 306-3
GRI 306-4
GRI 306-5

E5-6

Anticipated financial effects from resource use and circular economy-related impacts, risks and opportunities

Managing circular economy risks and opportunities

Materials used and resource outflows

Sustainability commitments

The Group will take due diligence to meet the requirements of this indicator within the stipulated phase-in period.

ESRS S1 – Own workforce

Strategy

Disclosure requirement Evidence Other Standards

ESRS 2 SBM-2

Interests and views of stakeholders

Stakeholder engagement

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business model

Double materiality assessment

Own workforce

GRI 3-3
GRI 408-1
GRI 409-1

Impacts, risks and opportunities management

Disclosure requirement Evidence Other Standards

S1-1

Policies related to own workforce

Own workforce

GRI 2-23
GRI 2-25
GRI 2-29
GRI 3-3

S1-2

Processes for engaging with own workers and workers’ representatives about impacts

Personal empowerment

GRI 2-12
GRI 2-29
GRI 2-30
GRI 3-3

S1-3

Processes to remediate negative impacts and channels for own workers to raise concerns

Ethics and compliance

GRI 2-25
GRI 3-3

S1-4

Taking action on material impacts on own workforce, and approaches to mitigating material risks and pursuing material opportunities related to own workforce, and effectiveness of those actions

Own workforce

GRI 2-24
GRI 3-3
GRI 203-2

Metrics and targets

Disclosure requirement Evidence Other Standards

S1-5

Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities

2024-2026 commitments

GRI 3-3

S1-6

Characteristics of the undertaking’s employees

Our employees

GRI 2-7
GRI 401-1

S1-7

Characteristics of non-employee workers in the undertaking’s own workforce

Workers who are not employees

GRI 2-8

S1-8

Collective bargaining coverage and social dialogue

In Portugal, only a residual number of employees are not
covered by a collective bargaining agreement. In Poland and Colombia, where there are no collective bargaining instruments applicable to our companies, working conditions and the way in which the employment contract is executed are regulated by the respective legal systems (which regulate all these issues internally) and by the internal, local and global policies in force within our Group. Our internal policies are fully aligned with the best international labour practices, in particular with regard to the fundamental conventions of the International Labour Organisation. In Portugal, we actively participate through sectoral employers’ associations, such as APED (Associação de Empresas de Distribuição de Portugal) and transversal to various industries, such as CIP (Confederação Empresarial de Portugal).
We also contribute to the sectorial social dialogue at European level promoted by the European Commission through our membership in the EuroCommerce association.

Ethics and compliance

Collective bargaining coverage and social dialogue

 

 

Collective Bargaining Coverage

 

Social dialogue

 

 

Employees – EEA1

 

Employees – Non-EEA

 

Workplace representation (EEA only)

0% – 19%

 

Poland2

 

Colombia2

 

20% – 39%

 

 

 

40% – 59%

 

 

 

60% – 79%

 

 

 

80% – 100%

 

Portugal

 

 

Portugal and Poland

1

EEA – European Economic Area.

2

In Poland and Colombia there are no collective regulation instruments applicable to the Group’s companies.

GRI 2-30

S1-9

Diversity metrics

Diversity and inclusion

GRI 405-1

S1-10

Adequate wages

Compensation and benefits

GRI 202-1

S1-11

Social protection

Support to employees and their families

GRI 401-2

S1-12

Persons with disabilities

This disclosure requirement was not identified as a material,
nonetheless, we provide information on our actions in
Diversity and inclusion

S1-13

Training and skills development metrics

Training

Average hours of training

Average hours of training per employee1

 

Women

 

Men

 

Total

Group

 

63

 

68

 

64

Strategic

 

33

 

14

 

20

Managerial

 

34

 

35

 

35

Operational

 

63

 

70

 

65

1

Hours of training per employee – quotient of the volume of training by the total number of employees.

GRI 404-1
GRI 404-3

S1-14

Health and safety metrics

Health and safety at work

The Group will take due diligence to comply with the requirements of this indicator, particularly with regard to workers in the value chain.

GRI 403-8
GRI 403-9
GRI 403-10

S1-15

Work-life balance metrics

Work-life balance

Parental leave

 

 

Gender

 

Total

Parental leave

 

Women

 

Men

 

Employees entitled to parental leave

 

106,326

 

33,532

 

139,858

Employees who have taken parental leave

 

3,829

 

1,142

 

4,971

Employees who returned from parental leave

 

1,985

 

1,040

 

3,025

Employees who returned from parental leave and who remained in the Group 12 months after returning

 

2,391

 

778

 

3,169

Return to work rate1

 

51.8%

 

91.1%

 

60.9%

Rate of employees still on parental leave2

 

33.6%

 

8.0%

 

27.7%

Retention rate3

 

83.5%

 

74.4%

 

81.0%

1

The return-to-work rate is the percentage of employees who returned from parental leave based on employees who took parental leave during the period.

2

The rate of employees who are still on parental leave corresponds to the percentage of employees who have not yet returned from leave. based on employees who have taken parental leave in the period.

3

The retention rate corresponds to the percentage of employees who returned from parental leave in 2023 and who remain working in the Group 12 months later.

GRI 401-3
GRI 403-6

S1-16

Compensation metrics (pay gap and total compensation)

Diversity and inclusion

Concerning the ratio between the remuneration of the highest paid individual and the median remuneration of employees, due to the complexity in standardizing salary information caused by the geographic dispersion of the Group that was amplified in 2024, the immediate incomparability of functions in different countries and the dissimilarity of remuneration concepts in the several Group Companies, it is fundamental to find a base to calculate this indicator that prevents it from being misleading. The Group is taking all due diligences to fulfil the requirements of this ratio, guaranteeing the quality of the information disclosed.

GRI 2-21
GRI 405-2

S1-17

Incidents, complaints and severe human rights impact

Ethics and compliance

GRI 2-25
GRI 2-27
GRI 406-1

ESRS S2 – Workers in the value chain

Strategy

Disclosure requirement Evidence Other Standards

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business model

This topic was not identified as a material topic. In any case. it is partially reported.

Workers in the value chain

ESRS 2 SBM-2

Interests and views of stakeholders

This topic was not identified as a material topic. In any case. it is partially reported.

Workers in the value chain

GRI 408-1

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

S2-1

Policies related to value chain workers

This topic was not identified as a material topic. In any case, it is partially reported.

Workers in the value chain

GRI 2-23
GRI 2-24
GRI 2-25
GRI 2-29

S2-2

Processes for engaging with value chain workers about impacts

This topic was not identified as a material topic. In any case, it is partially reported.

Responsible labour management in the value chain

Sustainability certification

GRI 2-12
GRI 2-29

S2-3

Processes to remediate negative impacts and channels for value chain workers to raise concerns

This topic was not identified as a material topic. In any case. it is partially reported.

Stakeholder engagement

Minimum safeguards

GRI 2-25
GRI 2-29

S2-4

Taking action on material impacts on value chain workers, and approaches to managing material risks and pursuing material opportunities related to value chain workers, and effectiveness of those action

This topic was not identified as a material topic. In any case, it is partially reported.

Responsible labour management in the value chain

Sustainability certification

GRI 2-24
GRI 2-25
GRI 203-2
GRI 204-1

Metrics and targets

Disclosure requirement Evidence Other Standards

S2-5

Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities

This topic was not identified as a material topic. In any case. it is partially reported.

Workers in the value chain

ESRS S3 – Affected communities

Strategy

Disclosure requirement Evidence Other Standards

ESRS 2 SBM-2

Interests and views of stakeholders

Stakeholder engagement

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business model

Affected communities

EU taxonomy

The risk management mechanisms are described in 53. Details and Description of the Major Economic, Financial and Legal Risks to which the Company is Exposed in Pursuing Its Business Activity

GRI 3-3
GRI 413-2

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

S3-1

Policies related to affected communities

Affected communities

GRI 2-23
GRI 2-29
GRI 3-3

S3-2

Processes for engaging with affected communities about impacts

How we dialogue with affected communities

GRI 2-12
GRI 2-29
GRI 3-3

S3-3

Processes to remediate negative impacts and channels for affected communities to raise concerns

Stakeholder engagement

Minimum safeguards

GRI 2-25

S3-4

Taking action on material impacts on affected communities, and approaches to managing material risks and pursuing material opportunities related to affected communities, and effectiveness of those actions

Direct support

Supporting programmes and projects

Indirect support

Minimum safeguards

The risk management mechanisms are described in 53. Details and Description of the Major Economic, Financial and Legal Risks to which the Company is Exposed in Pursuing Its Business Activity

GRI 2-24
GRI 3-3
GRI 203-2
GRI 413-1

Metrics and targets

Disclosure requirement Evidence Other Standards

S3-5

Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities

2024-2026 commitments

GRI 3-3

ESRS S4 – Consumers and end-users

Strategy

Disclosure requirement Evidence Other Standards

ESRS 2 SBM-2

Interests and views of stakeholders

Stakeholder engagement

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business model

Consumers and end-users

Minimum safeguards

The risk management mechanisms are described in 53. Details and Description of the Major Economic, Financial and Legal Risks to which the Company is Exposed in Pursuing Its Business Activity

GRI 3-3

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

S4-1

Policies related to consumers and end-users

Consumers and end-users

GRI 2-23
GRI 2-25
GRI 2-29

S4-2

Processes for engaging with consumers and end-users about impacts

Engaging with consumers

GRI 2-12
GRI 2-29
GRI 3-3

S4-3

Processes to remediate negative impacts and channels for consumers and end-users to raise concerns

Stakeholder engagement

Minimum safeguards

Remediation channels

GRI 2-25
GRI 3-3

S4-4

Taking action on material impacts on consumers and end-users, and approaches to managing material risks and pursuing material opportunities related to consumers and end users, and effectiveness of those actions

Minimum safeguards

Actions towards our consumers

The risk management mechanisms are described in 53. Details and Description of the Major Economic, Financial and Legal Risks to which the Company is Exposed in Pursuing Its Business Activity

GRI 2-24
GRI 2-25
GRI 3-3
GRI 203-2

Metrics and targets

Disclosure requirement Evidence Other Standards

S4-5

Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities

2024-2026 commitments

GRI 3-3

ESRS G1 – Business Conduct

Governance

Disclosure requirement Evidence Other Standards

ESRS 2 GOV-1

The role of the administrative, supervisory and management bodies

Governance and strategy

Section A – Shareholder Structure

Section B – Corporate Bodies and Committees

Section C – Internal Organisation

GRI 2-9
GRI 2-12

Impact, risk and opportunity management

Disclosure requirement Evidence Other Standards

ESRS 2 IRO-1

Description of the processes to identify and assess material impacts, risks and opportunities

Stakeholder engagement

Business conduct

GRI 2-23
GRI 2-24
GRI 2-25
GRI 2-26

G1-1

Corporate culture and Business conduct policies and corporate culture

Our business conduct policies

GRI 2-16
GRI 2-23
GRI 2-24
GRI 2-26
GRI 3-3
GRI 205-1
GRI 205-2

G1-2

Management of relationships with suppliers

Business conduct

GRI 3-3
GRI 204-1
GRI 308-1
GRI 414-1

G1-3

Prevention and detection of corruption and briber

This disclosure requirement was not identified as material, nonetheless it is partially reported.

Governance and strategy

Minimum safeguards

Section A – Shareholder Structure

Section B – Corporate Bodies and Committees

Section C – Internal Organisation

Section E – Related Party Transactions

GRI 2-13
GRI 2-26
GRI 205-1
GRI 205-2

Metrics and targets

Disclosure requirement Evidence Other Standards

G1-4

Confirmed incidents of corruption or bribery

This disclosure requirement was not identified as material, nonetheless it is partially reported. For information on these matters, see the reports on indicators GRI 2-27 and GRI 206-1.
See the Anti-Corruption Policy, the Plan for the Prevention of Risks of Corruption and Related Offences (a document that identifies and classifies the company’s main and potential risks in terms of corruption, considering the likelihood of occurrence and the impact of the risks identified, and lists the prevention and mitigation measures that the company has adopted to minimise the likelihood of occurrence and the foreseeable impact, in compliance with its regulatory compliance programme) published in 2022, and the Annual Implementation Report for this plan, published in 2024, available on our
website.

We are improving our reporting processes in order to respond to socio-economic compliance indicators.

GRI 2-27
GRI 206-1

G1-5

Political influence and lobbying activities

This disclosure requirement was not identified as material. Nonetheless, Jerónimo Martins Group companies do not support political parties or their representatives, nor do they contribute financially to groups that may support party interests. See Code of Conduct available on our website.

GRI 2-9
GRI 415-1

G1-6

Payment practices

Supplier payment practices and initiatives

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