Asset Buyout Partners Annual Report 2019

It is important for ABP to uphold its position as an attractive landlord. ABP’s value chain analysis clarified that efficient properties focusing on technological development and circular solutions are some of the most material topics to the Group and its stakeholders. SDG 9 will help ABP prioritize future work and goals to build resilient and sustainable infrastructure, while maintaining economic growth and foster innovation. A core requirement in ABP’s investment strategy is to acquire real estate and infrastructure that is resilient in terms of alternative use, but also in terms of dealing with climate change. Risks from climate change could be physical (extreme weather) as well as transitional (regulatory requirements). However, an assessment of ABP’s value chain made it clear that addressing and adapting to climate risk also can provide the Company with opportunities. These opportunities could include prepar- ing the local community for future climate change, but also a potential to promote technology transfer and development of solutions for climate change mitigation. A top priority for ABP will always be to provide fair, safe and healthy working conditions for its employees, customers as well as contributing to economic growth and value creation in local communities. It is of high priority that the Group’s assets are physically secure, always meet the highest statutory requirements and emergency preparedness. The SDG 8 is therefore a useful tool to focus on the importance of local value creation and employment. High concentration of leading industrial companies clustered together, coupled with strategic locations, make energy and maritime clusters ideal for exploring circular economy initiatives. Solutions where one company’s waste, becomes and other company’s resource is an exciting opportunity going forward. ABP works actively to promote more sustainable and circular operating models together with the Company’s customers. ABP is also actively pursuing alternative industry utilization for tomorrow, including more focus on renewable energy and aquaculture, to name a few. The Company’s largest asset is the Mongstad supply base, the largest supply base port in Norway and a vital part of Mongstad Industrial Park. At Mongstad, ABP has launched “Greenspot Mongstad”, a collaboration between the largest commercial stakeholders at Mongstad Industrial Park and local and national authorities to lay the foundation and attract new projects for sustainable industrial devel- opment at Mongstad. Current stakeholders involved in this together with ABP include Equinor, Alver Municipality, and Technology Centre Mongstad, the world’s largest technology center for development and testing of CO 2 capture technologies. Going forward, the Company will continue seek opportunities to leverage the Group’s existing and new assets to promote and nurture alternative use and sustainability, thereby diversifying the Group’s asset exposure and acting as an enabler for the efficient technology transfer to new industries. This includes transferring existing knowl- edge and technology to help facilitate the energy transition. Facilitate green technology and circular solutions Asset Buyout Partners | Annual Report 2019 7