LM_Sustainability_Report_2022

Introduction People and society Carbon neutrality Circularity LM Wind Power Sustainability Performance 2022 Material topics and explanation Relevant GRI topic-specific standard Relevant United Nations Global Compact Principles Relevant Sustainable Development Goals Relevant LMWind Power performance indicator Carbon Neutrality Material topic Minimize environmental footprint through reduction of carbon emissions and energy consumption Explanation While our products power turbines that generate cleaner energy across the globe, our manufacturing operations have an environmental impact. We consume energy and resources while producing emissions. We seek to minimize our negative impact on the environment through reduction of carbon emissions. This material topic covers how we manage our environmental footprint, site certification and supplier environmental assessment. 3-3: Management of material topics 302: Energy 305: Emissions 308: Supplier environmental assessment 7: Businesses should support a precautionary approach to environmental challenges SDG 7 – Affordable and clean energy SDG 13 – Climate action Number of blades produced Total energy consumption Total carbon footprint Plants certification Circularity Material topic Minimize environmental footprint through reduction of material use, water use and waste generation. Explanation We consider the impact of our product through its entire life cycle, from raw material extraction to blade decommissioning. This material topic covers how we manage our performance related to material use, water consumption, waste generation and waste reduction. 3-3: Management of material topics 301: Materials ¹ 303: Water and effluents 306: Waste 8: Businesses should take initiatives to promote greater environmental responsibility SDG 12 – Responsible Consumption and Production Total water consumption Total production waste Material efficiency Total waste for landfill Total waste for incineration Total waste for recycling Material topic Reduce the Levelized Cost of Energy (LCOE) Explanation Our blades are our most important sustainability assets. Every day, we create longer and lighter blades that extract more energy from the wind and reduce the cost of energy. Technology and innovation are also at the heart of our sustainability programs, requiring us to look at our business from a different viewpoint. This enables us to challenge ourselves to rethink how we can implement design, materials and process optimizations. This topic covers how we manage technology, innovation and blade end of-life, and our performance on new blade designs, product quality, R&D investments and site certification. 3-3: Management of material topics 9: Business should encourage the development and diffusion of environmentally friendly technologies SDG 9 – Industry, Innovation and Infrastructure R&D investments New blade designs Product quality Plants certification ¹ Due to commercially sensitive information, we only discuss our approach to managing materials and not our consumption data. 19