Looking at stakeholders expectations we see we face a number of challenges in the years ahead. To cater for these the Group considers it essential they should be dealt with in such a way that the risks managed are offset by the business opportunities generated. To do this we have to establish a series of commitments that show stakeholders just where the company stands.

Bringing all these factors together we arrive at a pattern characterised by the following objectives:

• Providing a ground plan to identify the main environmental, social and ethical challenges and opportunities attaching to the activities of the Group.
• Translating the Group’s desire to position and maintain itself as a known protagonist of the Mediterranean diet into concrete action.
• Making available a common workspace in which different units, each with their own specific responsibility, can make their contributions.
• Making the different plans, programmes, actions and initiatives compatible one with another.
• Setting up agreed work programmes to help and support the company in achieving its desired objectives.

The net result is illustrated by the following diagram

The lines of action that constitute the Organization’s response are directed, as a priority for 2010, towards:

• Investors, through the strengthening of the practices of corporate governance, ethics, integrity and transparency.
• Customers, through the extension of the principles of sustainability to the supply chain and the incorporation of the environmental and social variable in the products.
• Collaborators, through internal communication and the minimization of the impact that the financial situation might have.