Sidenor 2022 Sustainability Report

11 Adherence to the United Nations Global Compact Within the roadmap of our ESG strategy, Sidenor has adhered to the United Nations Global Compact. We thus strongly commit to complying with the Principles throughout our entire supply chain, and intend to strengthen our Good Governance actions in ethical business management. Launched in 2000, the United Nations Global Compact is the widest Corporate Sustainability initiative worldwide. It currently includes over 19,000 member entities in over 160 countries and has 76 local networks. In Spain, over 2,100 organizations have joined the initiative, which turns it into the local network with the highest number of member entities and, as such, the most significant one worldwide. The Global Compact mission consists in mobilizing a global movement of sustainable companies and stakeholders to create the world we want. The initiative provides a framework based on principles, good practices, resources, tools and networking – that is, an exclusive and complete value contribution which has revolutionized the way companies make business in a responsible manner and maintain their commitments to society. Sidenor’s commitments Adhering to the Global Compact means that Sidenor commits to aligning its operations with Ten Principles that are universally accepted in the areas of Human Rights, labor regulations, environment and the fight against corruption, and to adopting measures that support the United Nations objectives currently enshrined in the Sustainable Development Goals (SDGs). Sidenor has joined thousands of companies worldwide and commits to performing responsible corporate actions in order to create the world that we want. Adherence to the United Nations Global Compact implies that we shall provide every year a progress report in order to justify our performances in terms of corporate sustainability. At Sidenor, we are firmly committed to complying with the principles of the United Nations Global Compact throughout our supply chain