Cloudberry Clean Energy Annual report 2020

Cloudberry Annual report 2020 Sustainability 32 For Cloudberry it is important to have local presence and to cooperate with regional banks understanding the society and context in which we are present. When exploring an opportunity, we evaluate land- owner interest in having a producing power plant on their grounds, as well as identifying the local attitude towards such establishment. When the formal noti- fication of a project is submitted to the authorities, public meetings are held with the local authorities to inform about the project and to identify any additional local needs that we may accommodate. Cloudberry facilitates access for individual residents to discuss any concerns they may have throughout the process. Our activities As part of the materiality assessment, an extensive stakeholder engagement was conducted. Numerous interviews were held with representatives of key stakeholder groups, ranging from local authorities, neighbours, landowners, suppliers, financial service providers and investors. The aim was to gain insight into Cloudberry’s impact on them and their expec- tations of us. In addition, several in depth discus- sions and workshops were held with our internal stakeholders. Below is an overview of our external stakeholder’s expectations to Cloudberry: External Stakeholders Expected of the company Areas for dialogue Actions by the company Landowners Local value creation in terms of creating job opportunities, possible financial funds for locally initiatives, utilization of their forests, continuous information during the development and construction process. Meetings with municipalities which local residents and landowners may attend, direct contact with the landowners. Using local business partners when possible for construction, operations and maintenance. Established a fund to support teams and associations in local areas. Information letter to stakeholders involved locally on progress in projects. Local residents Preserve untouched nature, establish a fund that can be used for local initiatives, information flow helping them visualize the impact, fewer and smaller wind turbines. Meetings for residents through consultation meetings locally, neighborhood meetings to communicate. Using local business partners when possible for construction, operations and maintenance. Established a fund to support teams and associations in local areas. Information letter to stakeholders involved locally on progress in projects. Municipalities Energy supply locally, local value creation such as jobs on projects and infrastructure. Compensation to the local population as part of the development agreement. Open and informative dialogue with the affected population about progress in the development project. Minimize the environmental impact. Implement the authorities wind power plan. Dialogue and meetings with the municipalities. The development and production of wind and hydro power is highly regulated both in Norway and Sweden, with stringent environmental regulations. The company maintains a continuous dialogue with authorities and local stakeholders. Authorities Describe how the company affects nature and biodiversity. Positive when the company reports annually on environmental impact and carry out its own measurements e.g., on bird populations. Recommend that the company early enters into dialogue with the local community. Initiative for a fund to contribute to local culture and nature initiatives. Dialogue and meetings with the authorities. The development and production of wind and hydro power is highly regulated both in Norway and Sweden, with stringent environmental regulations. Thecompany maintains a continuous dialogue with authorities and local stakeholders.