Cloudberry Clean Energy Annual report 2020

29 Cloudberry Annual report 2020 Sustainability As a developer and owner of renewable assets, sustainability is at the core of Cloudberry’s business. Our purpose is to provide renewable energy for future generations and our long-term success is linked to operating our business in a sustainable way. The development of new renewable capacity contributes to the necessary energy transition, European and national climate targets and the UN Sustainable Development Goals (SDGs). Cloudberry`s business contributes to the realisation of several of the multiple UN Sustainability Development Goals: · Goal 7 Affordable and clean energy · Goal 9 Industry, innovation and infrastructure · Goal 11 Sustainable cities and communities · Goal 12 Responsible consumption and production · Goal 13 Climate action Through our materiality assessment and analy- sis of the underlying targets that are relevant to Cloudberry and our stakeholders, we are reassess- ing our approach to support the UN Sustainability Development Goals and aim to further strengthen our ambitions in 2021. Even though our business is sustainable by nature, our activities may to some extent negatively impact people, communities and environment. Developing new renewable assets is essential to reduce the global CO 2 emissions. Construction and production do have an impact on biodiversity, land use areas and individuals’ interests. Cloudberry is aware of the risks and seeks to understand and evaluate all aspects. We recognise the need to continuously evolve our approach to sustainability and how to conduct our business with regards to our impact on environmental, social and governmental aspects. Cloudberry`s sustainability management has been significantly strengthened in 2020. In 2020 the company conducted an assessment based upon input from key stakeholders. To ensure alignment with best practice, a specialist sustain- ability consultancy was assigned. Considerable efforts were made to identify the sustainability topics in our value chain that are material for Cloudberry and our key stakeholders such as authorities, suppliers, landowners and neighbours in addition to financial institutions and investors. The work involved an assessment of macro trends, as well as a benchmark against peers and leaders. Confirming alignment with the expectations of our external stakeholders is pivotal to Cloudberry. The report was presented to the Board of Directors and its findings were discussed and prioritised in several workshops. The results will provide the basis for our continuous work as Cloudberry continues to develop. This involves strengthening the sus- tainability strategy, governance and management structures, as well as determining additional KPIs. Sustainability NO POVERTY ZERO HUNGER GOODHEALTH ANDWELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEANWATER ANDSANITATION AFFORDABLEAND CLEANENERGY DECENTWORKAND ECONOMICGROWTH INDUSTRY,INNOVATION ANDINFRASTRUCTURE REDUCED INEQUALITIES SUSTAINABLECITIES ANDCOMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE,JUSTICE ANDSTRONG INSTITUTIONS CLIMATE ACTION LIFE BELOWWATER PARTNERSHIPS FORTHEGOALS Forq uerieson usag e, contact :dpicampaigns@un.org Developed in collaborationwith |TheGlobalGoals@trollback.com |+1.212.529.1010 NO POVERTY ZERO HUNGER GOODHEALTH ANDWELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEANWAT R ANDSANITATION AFFORDABLEAND CLEANENERGY DECENTWORKAN ECONOMICGROWTH INDUSTRY,INNOVATION ANDINFRASTRUCTURE REDUCED INEQUALITIES SUSTAINABLECITIES ANDCOMMU ITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE,JUSTICE ANDSTRONG INSTITUTIONS CLIMATE ACTION LIFE BELOWW TER PARTNERSHIPS FORTHEGOALS Forqueriesonusage, contact :dpicampaigns@un.org Developed in collaborationwith |TheGlobalGoals@tr ll ack.c m |+1.212.529.1010 NO POVERTY ZERO HUNGER GOODHEALTH ANDWELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEANWATER ANDSANITATION AFFORDABL A D CLEANENERGY D CE TWORKAND ECONOMICGROWTH INDUSTRY,INNOVATION ANDINFRASTRUCT RE REDUCED INEQ ALITIES SUSTAINABLECITIES ANDCOMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE,JUSTICE ANDSTRONG INSTITUTIONS CLIMATE ACTION LIFE BELOWWATER PARTNERSHIPS FORTHEGOALS Forqueriesonusa e , contact:dpicam paigns@un.or Developed in collaborationwit T eGlobalGoals@trollback.com +1.212.529.1010 NO POVERTY ZERO HUNGER GO DHEALTH ANDWELL-BEING QUALITY EDUCATION GENDER Q ALITY CLEANWATER NDSANIT TION AFFORDABLEAN CLEANENERGY DECENTWORKAND ECONOMICGROWTH I DUS RY,I NOV TION ANDINF AST UCTURE REDUCED NEQU LIT ES SUSTANABLECITES A DCOMMU ITIES R SPONSIBLE CONSU PTI ANDPRODUCTION ON LAND PEACE,JUSTICE A DSTRONG I TITUTIO CLIMATE ACTION LIFE B L WWAT R PARTNERSHIPS FORTHEGOALS Forquerieso nusage, contact:dpicam paigns@un.org Developed in collaborationwith |TheGlob lGoals@trollback.c m |+1.212.529.1010 NO POVERTY ZERO HUNGER AFFORDABLEAND CLEA ENERGY DECENTWORKAND ECONOMICGROWTH CLIMATE ACTION LIFE BELOWWATER

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