45 Cloudberry Annual report 2022 Sustainability report External Stakeholders Expected of the company Areas of dialogue Examples of actions to address expectations Suppliers and consultants Transparent communication, focus on health and safety , minimizing environmental and climate impact, contribute to local value creation., Regular meetings with partners, suppliers, and consultants. Cloudberry has implemented a supplier declaration form which is an overall assessment conducted when choosing a supplier for a project and is used as a basis for pre-screening suppliers of products and services to Cloudberry The prequalification formula reflects regulatory requirements, quality, sustainability topics and HSE. Supplier Code of Conduct is a part of procurement phases. Regular meetings on health and safety management on site with entrepreneur and other suppliers. Focus on health and safety routines and environmental and social impact. Registering incidents and mitigation plans. Reporting on GHG emissions from projects. Investors and financial institutions Close collaboration with investors and partners. Balanced and factbased ESG reporting. Be ambitious on sustainability targets. Alignment to governance acts., Focus on environmental and social impact and circular use of material. Meetings with investors nationally and globally, analyst presentations, company presentations in investor forums and at conferences. Direct and indirect greenhouse gas (GHG) emissions will be reported quarterly from 2023 (annually previously). A plan for a pathway and commitment to Science Based Targets initiative (SBTi) to reach net-zero no later than 2040. Climate related financial risks and opportunities, which the scenario analysis is based upon, and integrated in the overall risk management in the company. The KPIs and targets on the material ESG topics are set, and are to be further developed. Alignment to the criteria of the EU Taxonomy on all hydro power plants. The wind power plants expected to be aligned and under assessment by a third party. NGOs Develop and produce renewable energy, minimize land use and nature impact, respect the needs and rights of indigenous people, prioritize wind projects in already impacted areas such as in industrial areas and areas already impacted. Meetings with associations and NGO´s. Reuse existing infrastructure to minimize environmental and nature impact. E.g., at Sundby wind farm project we reuse existing concrete foundations and cables. At Hån wind farm, we used just in time (JIT) deliveries for wind turbine blades. In this way we minimized and saved nature impact by not building storage area for the blades. At both Simpevarp and Björnetjärnsberget development projects we held meetings with local stakeholders to establish transparent dialogue at an early stage, focusing on biodiversity and nature impact, and how to create local value for stakeholders involved. At Åmotsfoss hydro power plant we maintain regular dialogue with local communities to safeguard and protect biodiversity surrounding the river, and particularly in the river. We set up reconciled solutions which contribute to a sustainable environment for the local inhabitants and society.
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