Sustainability Report FY 2021

51 RUFFINO | Sustainability Report FY 2021 Focus on the management of environment risks Within the risk management system, as regards themanagement and assessment of environmen- tal risks, Ruffino and Tenute Ruffino, in addition to assessing them using the afore-stated tools, have adopted the Initial Environmental Analy- sis Assessment Model (VAIA). This enables the analysis of possible risks for every stage in the value chain, hence an analysis of the direct and indirect impacts generated by the activity carri- ed out and the subsequent assessment of the pos- sible occurrence of environment emergencies. The main aspects analyzed by the model are: • The use of energy resources • The production of greenhouse gases • The emission of substances into the air that deplete the ozone layer (ODS) • Waste production • Hazardous and potentially hazardous sub- stances • Soil pollution • The use of the soil and loss of biodiversity • The impact on the landscape On the basis of the significance of the external impact, the type of legislation in effect (volun- tary/cogent/cogent with criminal responsibility) and the involvement of parties affected (public administration, opinion leaders, trade associa- tions, watchdog authorities), a Risk Priority In- dex is allocated to every activity and actions are assessed to mitigate the risk. In FY 2022, the VAIA Model will be updated for Ruffino S.r.l. and Tenute Ruffino S.r.l., which will enable the inclusion of company organizational changes in recent years, such as the shift to or- ganic. Poderi Ducali S.r.l. is also expected to adopt the model in the same year. Moreover, with reference to water management, the CBI Group has been promoting a questionnai- re to analyze the main risks since FY17; in FY20, the survey was broadened with the intention of including further specifics in order to conduct a more comprehensive analysis regarding climate change and water resources with the aim of exa- mining potential internal and external risks that the companies comprising the Group could face in the short and medium term. ENVIRONMENTAL SUSTAINABILITY