LM_Sustainability_Report_2022

Introduction People and society Carbon neutrality Circularity LM Wind Power Sustainability Performance 2022 OUR STRATEGY AND TARGETS At LM Wind Power, we know blades, and for decades we’ve made bigger and better blades to power a more sustainable world. The bigger the blades, the wider the wingspan, the more green energy reaches society. When it comes to sustainability we believe in bigger and bet- ter – but we also know that we need to be bolder and brighter. With our renewed vision and sustainability strategy, intro- duced in 2022, we aim for bigger reach on three dimensions: • We continue to go beyond what is expected of us to create better balance beyond carbon neutrality. • We engage in bolder partnerships driving circularity – always looking for brighter ideas and bolder solutions in the entire value chain – collaborating with other industries and even competitors. • We are passionate about enabling brighter lives for safe people in an inclusive society. We want to be game chang- ers – knowing it is more than the right statistics and com- pliance that matter. Within each of these three dimensions – people & society, carbon neutrality and circularity – we’ve set short and long- term targets which we work to achieve through projects and partnerships with stakeholders across our value chain. Carbon neutrality Circularity People & society Overall targets Carbon Neutral Operations 100% Green Electricity Zero Waste Blades 2030 100% Recycled Blades 2030 EcoVadis Gold 2024 EcoVadis Platinum 2030 Three dimensions for targets and KPIs We design and produce sustainable blades by reducing our carbon footprint, using resources efficiently, giving our waste a next life in a circular economy, and creating a safe and inclusive society. Together, we capture the wind to power a more sustainable world Vision Mission 15