Cloudberry Annual report 2021 Sustainability report 36 In this report we have also set out a review of our environmental, social and governance (ESG) strategy relative to the UN Sustainable Development Goals (SDGs). Through our materiality assessment and analysis of the underlying targets that are relevant to Cloudberry and our stakeholders, we have looked to specific SDG sub targets in our environmental, social and governance strategy. Materiality analysis and focus areas Cloudberry believes that identifying, understanding and managing the sustainability topics in our value chain, is of uttermost importance for future longterm value creation. The focus areas and priorities are based on the materiality analysis conducted, and further strengthened during 2021 through stakeholder dialogue. The outcome of the analysis in our material aspects and stakeholder engagement are similar to 2020. Responsible supplier management is a natural part of our stakeholder engagement, and therefore not a separate material aspect in this year`s revised material matrix. Health and safety is still an important aspect, and has been strengthened in the materiality analysis in 2021, based on dialogue with suppliers and contractors, and is also addressed in our Suppliers Code of Conduct. The main topics are illustrated above, and the matrix gives an overview of the findings. The topics in the right corner is of most strategic importance to Cloudberry and we focus our reporting on local value creation, renewable energy supply, climate, land Affordable and clean energy Cloudberry ensures access to affordable, reliable, sustainable, and modern renewable energy for all. This open opportunities for new economic opportunities, jobs and local value creation, and contribution to climate change. Industry, innovation and infrastructure Cloudberry contributes to extend the development of renewable energy in Norway and Sweden by securing investments and always develops a plan for decommissioning to restore areas back to their original condition as far as possible. Sustainable cities and communities Cloudberry seeks to contribute to cities and communities that are sustainable, protect and safeguard cultural and natural heritage, construct and operate powerplants with sustainable environment friendly materials and solutions, and utilize local materials where possible. We consider re-used materials and engage local suppliers. Responsible consumption and production In Cloudberry`s development projects, the company focus on environmentally sound management of chemicals and all wastes throughout the life cycle, and efficient use of natural resources. Climate action Cloudberry strengthens our resilience and adaptive capacity to climate-related hazards and assesses our climate related risks and opportunities, and we secure that our assets are climate-resilient and focuses on reducing our carbon emissions on our way to become net-zero by 2040. Life on Land Cloudberry protects, restores, and promotes sustainable use of land areas, sustainable forest and biodiversity management, and protects and prevents threatened species, flora and fauna. We always integrate ecosystem and biodiversity values into planning in our development processes. NO POVERTY ZERO HUNGER GOOD HEALTH AND WELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEAN WATER AND SANITATION AFFORDABLE AND CLEAN ENERGY DECENT WORK AND ECONOMIC GROWTH INDUSTRY, INNOVATION ANDINFRASTRUCTURE REDUCED INEQUALITIES SUSTAINABLE CITIES AND COMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE, JUSTICE AND STRONG INSTITUTIONS CLIMATE ACTION LIFE BELOWWATER PARTNERSHIPS FOR THE GOALS For queries on usage, contact: dpicampaigns@un.org Developed in collaboration with | TheGlobalGoals@trollback.com | +1.212.529.1010 NO POVERTY ZERO HUNGER GOOD HEALTH AND WELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEAN WATER AND SANITATION AFFORDABLE AND CLEAN ENERGY DECENT WORK AND CONOMIC GROWTH INDUSTRY, INNOVATION ANDINFRASTRUCTURE REDUCED INEQUALITIES SUSTAINABLE CITIES AND COMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE, JUSTICE AND STRONG INSTITUTIONS CLIMATE ACTION LIFE BELOWWATER PARTNERSHIPS FOR THE GOALS For queries on usage, contact: dpicampaigns@un.org Developed in collaboration with | TheGlobalGoals@trollback.com | +1.212.529.1010 NO POVERTY Z RO HUNGER GOOD HEALTH WELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEAN WATER AND SANITATION AFFORDABLE AND CL AN ENERGY DECENT WORK AND ECON IC GROWTH INDU TRY, INNOVATION ANDINFRAS RUCTURE REDUCED INEQUALITIES SUSTAINABLE CITIES A D COMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE, JUSTICE AND STRONG INSTITUTIONS CLIMATE CTION LIFE BELOWWATER PARTNERSHIPS FOR THE GOALS For queries on usage, contact: dpicampaigns@un.org Developed in collab ration with | TheGlobalGoals@trollback.com | +1.212.529.1010 GENDER EQUALITY CLEAN WATER AND SANITATION SUSTAINABLE CITIES AND COMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION E PARTNERSHIPS FOR THE GOALS ueries on usage, contact: dpicampaigns@un.org oped in collaboration with | TheGlobalGoals@trollback.com | +1.212.529.1010 NO POVERTY ZERO HUNGER GOOD HEALTH AND WELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEAN WATER AND SANITATION AFFORDABLE AND CLEAN ENERGY DECENT WORK AND ECONOMIC GROWTH INDUSTRY, INNOVATION ANDINFRASTRUCTURE REDUCED INEQUALITIES SUSTAINABLE CITIES AND COMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE, JUSTICE AND STRONG INSTITUTIONS CLIMATE ACTION LIFE BELOWWATER PARTNERSHIPS FOR THE GOALS For queries on usage, contact: dpicampaigns@un.org Developed in collaboration with | TheGlob lGoals@trollback.com | +1.212.529.1010 NO POVERTY ZERO HUNGER GOOD HEALTH AND WELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEAN WATER AND SANITATION AFFORDABLE AND CLEAN ENERGY DECE T WORK AND E ONOMIC GROWTH INDUSTRY, INNOVATION ANDINFRASTRUCTURE REDUCED INEQUALITIES SUSTAINABLE CITIES AND COMMUNITIES RESPONSIBLE CONSUMPTION ANDPRODUCTION LIFE ON LAND PEACE, JUSTICE AND STRONG INSTITUTIONS CLIMATE ACTION LIFE BELOWWATER PARTNERSHIPS FOR THE GOALS For queries on usage, contact: dpicampaigns@un.org Developed in collab ration with | TheGlobalGoals@trollback.com | +1.212.529.1010 Supporting the UN Sustainable Development Goals The development of renewable energy capacity contributes to the energy transition necessary to reach net-zero, European and national climate targets and the UN Sustainable Development Goals (SDGs). We have reviewed our sustainability strategy towards the SDGs targets to highlight which we align with. We have strengthened our approach and updated our goals and key performance indicators in 2021 to align them with indicators defined in the UN SDGs. The following goals are considered particularly important to Cloudberry`s business and how we operate:
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