Fiven Annual Report 2020

Fiven Annual Report 2020 • Carbon footprint analysis and define action Plan on Sc. 3 • Project to capture emissions in Brazil • Project to capture CO 2 in Norway • Roadmap Revision process to ensure LT target Environment As per our HSE policies: ‘Our ambition is to turn Fiven into a green SiC company ’ To realize this transformation, the only acceptable long term target is to achieve ‘Net Zero Emission’ 1) by 2050. 1) Net zero emissions means that all man-​made greenhouse gas emissions must be removed from the atmosphere through reduction measures, thus reducing the Earth’s net climate balance, after removal via natural and artificial sink / Fiven has the ambitions to work all on their emissions to air not limiting the GHG 3 approaches to achieve this target Eliminating emissions • Scope: 1 & 2 2) • Measure Emissions • Set up Target & Roadmap • Implement Action Plan • Projects to use biocarbon sources • Projects to capture emissions in Norway (semi-closing + CO 2 capture technology investigation) • Circular Economy Concept: Intensify Recycling • Waste & Water Management Corporate Policy • Scope: 1,2,3 2) • Air: – 20% • Water: - 20% • Waste: - 30% • Scope: 1 & 2 2) • Air: - 9% • Water: - 10% • Waste: -15% • NET ZERO EMISSIONS • All emissions from Furnaces captured • CO 2 emissions captured • All remaining waste is recycled Balancing emissions with removals (air capture) Balancing emissions with emissions avoided through the product Targets Actions 2) Scope 1,2,3 defined by the GHG Protocol: Scope 1 = direct emissions / Scope 2 = indirect emissions ( = Energy used) / Scope 3 = All indirect emissions ( i.e travel, transportation, lease equipment, …) 2050 2030 2025 2020 14   Corporate Social Responsibility