Cloudberry Clean Energy Annual report 2020

41 Cloudberry Annual report 2020 Sustainability Carbon Emissions Certain areas of Cloudberry`s business have carbon emissions. Cloudberry started measuring its green- house gas emissions in February 2020 in line with the Greenhouse Gas Protocol (The GHG Protocol), following the operational control approach. In 2020, Cloudberry produced 21 GWh of renewable energy, which is equivalent to reducing 5,565 tCO 2 e, relative to baseline emissions from the European electricity mix (EU-27 electricity mix, IEA 2020). After taking into account the total greenhouse gas emis- sions in Cloudberry’s carbon accounting (see the carbon accounting below), the reduction of green- house gas emissions from Cloudberry’s operations is 5,378 tCO 2 e. Cloudberry’s carbon inventory is divided into three main scopes of direct and indirect emissions. Carbon Accounting Scope Unit 2020 Scope 1 Scope 1 Total tCO 2 e - Scope 2 Scope 2 Total tCO 2 e 1.4 Scope 3 Scope 3 Total tCO 2 e 185.3 Total tCO 2 e 186.7 In 2020 Cloudberry’s total carbon emissions from Scope 1, 2 and 3 were 186,7 tCO 2 e. Scope 1 covers all direct emission sources, including all use of fossil fuels for stationary combustion and transportation. Cloudberry does not own company cars and there are no other direct greenhouse gas emissions to report in scope 1. Scope 2 includes indirect emissions related to Cloudberry’s purchased energy (i.e., electricity and heating/cooling). This includes purchased energy for its offices in Oslo, Norway and in Karlstad, Sweden, as well as the energy used in the hydropower plants Finnesetbekken Kraftverk and the windfarm Røyrmyra Vindpark. In 2020, Cloudberry reported a total of 34 596,8 kWh and the emissions from elec- tricity were 1,4 tCO 2 e in scope 2. Scope 3 comprises indirect emissions resulting from Cloudberry’s value chain activities. In scope 3, category 1 (purchased goods and services), Cloudberry reported 785 m 3 consumption of concrete in 2020. The concrete was used for the construction of the two hydropower plants Bjørgelva Kraft and Nessakraft in Norway. The emissions from the concrete accounts for 97,3% of Cloudberry’s total GHG emissions (Scope 1, 2 and 3). In category 1 Cloudberry has also reported the kilometers between service providers’ location and the location of corresponding hydro plants and wind farms that received service. This was a total of 11 950 km and accounted for 2,0 tCO 2 e. In category 6 (business travel), Cloudberry reported emission from air travel, rental cars and milage allowance, which in total accounted for 1,6 tCO 2 e. In category 15 (investments), Cloudberry reported the electricity used in the hydropower plants in Forte Energy Norway AS, where they have a 34% ownership. The total emissions from Scope 3 were 185,3 tCO 2 e. The scope 3 reporting for 2020 is intended as a starting point, and Cloudberry will continue to evalu- ate and include more aspects of emissions from its value chain activities in 2021. The Thor Heyerdahl Climate Park projects aims to restoreandplantmangrove trees in theAyeyarwadyRegionofMyanmarwhere only 16 percent of the original mangrove forest remains (NASA,2013). TheProject Restoring Mangrove Forests Thor Heyerdahl Climate Park To compensate for Cloudberry’s emissions of 186,7 tCO 2 e, we have purchased carbon creditsfrom the VCS project 1764 Thor Heyerdahl Climate Park in Myanmar. The credits from planting mangrove trees, are called “Blue carbon”. In addition to the climate effect, the project provides work and income to the local population, better protection against floods/ tsunamis, and it restores the ecological balance in vulnerable coastal areas.