LM_Sustainability_Report_2022

Introduction People and society Carbon neutrality Circularity LM Wind Power Sustainability Performance 2022 Getting ready for next era of growth The positive long-term growth opportunities to establish wind as one of the most reliable energy sources globally is very promising and to accelerate this growth, we are working on innovations with a firm focus on making wind cost effective and reliable. We continue to increase research spending and launch new blade designs. In addition, we are constantly reviewing our processes, using lean principles to transform the way we manufacture blades and further reduce the envi- ronmental effect of our operations. We create a positive impact on the planet, people, and socie- ty through our sustainability efforts, which is a key differenti- ator and a competitive advantage toward our business priori- ties. This commitment now goes even deeper, as we aim for a bigger reach, both in capturing more energy from the wind with longer, more efficient blades and through our sustaina- bility strategy to have a bigger impact on the communities we live and operate in. To unlock the true value of wind, we are raising the bar across three dimensions of sustainability: People and Society, Carbon Neutrality , Circularity . We aim to reduce our carbon emissions even further by going beyond what is expected to create better balance, engage in bolder partnerships driving circularity and empower people for building a safe and inclu- sive culture. We create a positive impact on the planet, people, and society through our sustainability efforts, which is a key differentiator and a competitive advantage toward our business priorities. This commitment now goes even deeper, as we aim for a bigger reach, both in capturing more energy from the wind with longer, more efficient blades and through our sustainability strategy to have a bigger impact on the communities we live and operate in.” - CEO Olivier Fontan 4