31 Cloudberry Annual report 2022 Sustainability report What we do and why we do it Climate change is a global crisis, and the world is already beginning to see its effects in the changing weather patterns and increasing frequency and severity of floods, droughts, and other extreme weather events. At the same time, these issues are compounded by nature degradation. To slow down or stop the climate change and mitigate its impacts, the society must reduce its greenhouse gas (GHG) emissions and nature impact. This requires a significant reduction in the use of fossil and carbon-intensive energy, at the same time as global energy demand is increasing. This must be achieved through the development of renewable energy. We have high ambitions on increasing our production of renewable energy in the years to come and thus contribute to the much-needed globally decarbonization. At Cloudberry, we are powering the transition to a sustainable future by developing and providing renewable energy today and for future generations. We create value in the communities in which we work, together with and for our employees, customers, business partners, and shareholders. Nevertheless, the positive effects we create, Cloudberry’s development and construction of renewable energy plants generates GHG emissions and impacts the surrounding environment and society at large in a multitude of ways. We aim to be transparent about all our impacts – good and bad. In the following sustainability report we describe how Cloudberry contributes to the shift to the renewable energy transition, the impacts we have on the climate, nature, and society, and how we proactively work to mitigate our negative impacts. We ensure that concern for environment, society and sustainability is at the core of everything we do.
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