Cloudberry Annual report 2022 Sustainability report 46 External Stakeholders Expected of the company Areas of dialogue Examples of actions to address expectations Investors Measuring CO2 emission, energy efficiency, lifecycle assessment and environmental impact. Prioritize developing windfarms in industrial areas. Meetings (preferably digitally) with investors and analysts, company presentations. Providing renewable energy and thereby reducing climate GHG emissions. Accessible for a broader universe of stakeholders and ESG focused investors as Cloudberry was listed on the fully regulated market Oslo Stock Exchange in 2021. Diversified and growing production portfolio with a highly efficient operating platform, a growing development backlog and pipeline both on- and offshore. The increased production of renewable energy in Cloudberry in 2022 has doubled our contribution to the decarbonization of Europe. Reports annually on direct and indirect greenhouse gas (GHG) emissions, assessed climate related financial risks and opportunities, which the scenario analysis is based upon. Financial institutions Ensure that suppliers and partners operate in line with the company’s code of conduct. Focus on the company’s emissions and HSE routines. Meetings and presentations. Beside reporting financially, the company is integrating environmental, social and governance in its reporting to highlight the focus on sustainability management in the company`s business strategy. Cloudberry met with Natur og Ungdom (NU), the largest environmental organization for young people in Norway. NU is a non-political, independent organization that works to take care of nature and biodiversity to secure the livelihood of future generations. As a part of our stakeholder management, it is essential for Cloudberry to have dialogue with NGOs such as NU, to learn about and understand their views on how climate change and nature impact must be linked to each other when developing and constructing wind- and hydropower plants. «Natur og Ungdom clearly sees that there is a necessity for much more renewable energy, as well as a need for an overarching plan to develop wind energy. We must improve our energy efficiency and develop more efficient renewable energy in order to secure our energy supply and facilitate profitable wind energy with a low nature impact. Since climate mitigation and nature impacts are complex, renewable energy asset development must quickly be planned locally, regionally, and nationally - integrated with existing infrastructure and in already impacted areas. We always encourage local anchoring and the establishment of some positive spin-offs for the local community and the landowners», says Simon Balsnes, Natur og Ungdom
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