LM_Sustainability_Report_2022

People and society Carbon neutrality Circularity LM Wind Power Sustainability Performance 2022 Introduction Blade Circularity Circularity isn’t just about recycling; it’s about optimizing our use of resources and maintaining the value of products, materials and resources for as long as possible by returning them into the product cycle after having reached the end of their life cycle – from material extraction, to manufacturing, to operation, to end-of-life. As a designer and manufacturer of wind turbine blades, we have an opportunity to directly influence the circularity through our design and innovative manufacturing, as well as to partner with suppliers and cus- tomers to optimize resource use both upstream and down- stream of our own operations. Through partnerships throughout our value chain, and even with other industries, we aim to create a circular economy for all the materials used in wind turbine blade manufacturing. Our product life cycle 1. The life cycle of a blade starts with the extraction of mate- rial that comes to our manufacturing facilities and are turned into high-quality wind turbine blades. 2. In the process of making blades, our plants consume ener- gy and generate waste which is managed carefully accord- ing to the local environmental standards. 3. Our customers take over the blades when they roll out of the factory doors and take them to their designated desti- nation for installation on a wind turbine. Once installed in the field, the blades can generate clean, renewable elec- tricity for 20-25 years. 4. At the end of the blade’s lifetime, the most common dis- posal method is either incineration or landfill, but LM Wind Power is working with partners to establish more sustaina- ble alternatives. Blade Life Cycle Virgin Blade End-of-Life Blade Turbine Waste Marerials Recycled Materials I n s t a l l a t i o n D e c o m m i s s i o n i n g M a n u f a c t u r i n g F r a g m e n t a t i o n R e c y c l i n g 30