Cloudberry Annual report 2022 Sustainability report 62 Social Sustainability ambitions To act responsibly towards our employees and society, being a preferred employer and partner Providing renewable energy enables society’s essential energy transition, and we seek to do this in a sustainable and responsible manner. Specifically, Cloudberry aims to act responsibly towards our employees and society at large and be a preferred employer and partner in the renewable energy industry. Our materiality assessment and strategy update process highlighted three social topics on which we will focus most of our efforts 1) engagement, health and safety, 2) diversity and equal opportunity, and 3) local community impact. Cloudberry has responsibility for community employee health and safety. This is an area where Cloudberry can have a significant impact, and good results can, in turn, have a positive impact on Cloudberry. Thus, health and safety is a key priority for us. Fostering diversity, equity and inclusion (DEI) in the organization is of high importance for Cloudberry. In the fourth quarter 2022 we conducted our first employee engagement survey focusing on HSE, compliance, work life balance and DEI in the workplace. Additionally, Cloudberry recognizes that the development of wind farms and hydropower plants have a non-desired impact on nature and affect local communities. We aim to minimize the impact on nature caused by our activities. Cloudberry is a responsible developer, we work with the communities where we operate, to ensure that we make a positive local contribution. We recognize that minimizing damage to nature and having a positive relationship with local communities contribute to a positive public opinion on renewable energy. This may increase future renewable energy development, contribute to the energy transition and our own economic performance. We are in the process of developing further targets and KPIs in order to measure our social impact and aim to report more fully on this going forward. Our current social performance KPIs are presented in the table below 1. Engagement, health, and safety Ensuring the health, safety, and overall well-being, of our employees and others in our value chain is essential to Cloudberry’s larger goal to have a positive impact on society. Employers have an important impact on their employees’ well-being, and maintaining high levels of employee engagement and establishing a culture of health and safety is of utmost importance to us. Our approach Cloudberry ensures that construction and operation partners maintain adequate safety policies and report on a variety of measures to safeguard the workplace during development, construction, and Key Performance Measures Actual 2020 Actual 2021 Actual 2022 Target 2023 Target 2025 Social 1 Work injuries (incl. Sub-contractors) 0 0 0 0 0 Employee engagement index N/A N/A 5.2 ≥ 5.2 ≥ 5.3 Female employees % of total 20% 29% 29% 35% > 40% Female managers % in mgmt. positions 20% 20% 33% 33% > 40% Female BoD % in total BoD 40% 40% 43% > 40% > 40% Equal opportunities index N/A N/A 5.2 ≥ 5.2 ≥ 5.3 1 The reporting covers employees and companies where the Group has more than 50% proportionate ownership. Companies not included are Enestor AS, Broentech Solutions AS and Kraftanmelding AS. See note 28 in annual report.
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