LM_Sustainability_Report_2022

Introduction People and society Carbon neutrality Circularity LM Wind Power Sustainability Performance 2022 OUR STAKEHOLDERS Our stakeholders are at the heart of our sustainability efforts. Our stakeholders include employees, customers, suppliers, communities, governments and policy makers and the wind industry. We regularly engage with our various stakeholders to listen to their questions and concerns, using a variety of channels. Such dialogues strengthen our relationships and build trust. Rather than a one-off effort, we maintain a con- tinuous dialogue with our stakeholders. Our company vision captures the importance of working together and our collab- orative approach to running the business: “Together, we cap- ture the wind to power a more sustainable world”. Our memberships • UN Global Compact (UNGC) • WindEurope • Global Wind Energy Council (GWEC) • Indian Wind Turbine Manufacturers Association (IWTMA) • Green Power Denmark • American Clean Power Association (ACPA) Our contribution to the Sustainable Development Goals We recognize the global challenges as framed by the United Nations Sustainable Development Goals (SDGs) in September 7 10 11 14 15 17 1 2 4 6 9 12 13 16 3 5 8 Our core business Most relevant Relevant 2015 – a blueprint to a sustainable world for all – and the role of businesses to help meet them. The SDGs are the result of an inclusive process that involved government, civil society and the private sector. Teaming up across sectors will be instru- mental for driving and achieving the necessary progress. As a business, we believe we should join forces to work towards the shared goals and we find it natural to map our sustainability performance against its contribution to the SDGs. Our products enable our customers to generate clean and affordable energy for all – thereby directly contributing to SDG 7 : ‘Affordable and Clean Energy’ and SDG 13 ‘Climate Action’. Through our dedicated sustainability efforts, we also work towards achieving several more SDGs: SDG 3 – Good Health and Well-being; SDG 5 – Gender equality; SDG 8 – Decent Work and Economic growth; SDG 9 – Industry, Innovation, and Infrastructure; SDG 12 – Responsible Consumption and Production; SDG 13 – Climate action; SDG 16 – Peace, Justice, and Strong Institutions Our contribution to the Sustainable Development Goals 16

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