How are the company’s targets compatible with limiting global warming to 1.5°C in line with the Paris Agreement? What are the key decarbonization levers and actions, and what significant operational or capital expenditures are needed to implement the action plan?

1. Explanation of Targets Compatibility with the 1.5°C Goal of the Paris Agreement Climate Targets and Paris Agreement Compatibility: Provide a clear explanation of how the company’s climate-related targets align with the goal of limiting global warming to 1.5°C, in accordance with the Paris Agreement. Detail the company’s commitment to achieving net-zero emissions by 2050, or any specific intermediate targets (e.g., 50% reduction in emissions by 2030). Explain how these targets are set in line with science-based targets (e.g., Science Based Targets initiative (SBTi)) or other credible frameworks. Metrics and Pathways: Clarify the key performance indicators (KPIs) that the company is using to track progress towards these goals (e.g., Scope 1, 2, and 3 emissions reductions, renewable energy targets). Mention any timeframes or milestones that align with achieving a 1.5°C scenario (e.g., short-term (2030), medium-term (2040), and long-term (2050) goals). 2. Disclosure of Decarbonisation Levers and Key Actions Decarbonisation Levers: Describe the decarbonisation levers the company will use to achieve its climate targets. These may include: Energy efficiency improvements in operations (e.g., upgrading machinery, optimizing processes). Transitioning to renewable energy sources (e.g., solar, wind, hydropower). Electrification of operations (e.g., shifting from fossil fuel-powered equipment to electric alternatives). Carbon capture and storage (CCS) technologies. Sustainable supply chain management (e.g., working with suppliers to reduce emissions, sourcing sustainable materials). Circular economy initiatives (e.g., waste reduction, product reuse, recycling). Key Actions for Implementation: Detail the key actions the company is undertaking or planning to implement as part of the decarbonisation strategy: Investments in clean technologies (e.g., green hydrogen, low-carbon technologies). Partnerships with stakeholders to drive industry-wide decarbonisation. Policy advocacy for supportive regulatory frameworks. Employee and customer engagement on sustainability initiatives. 3. Disclosure of Significant Operational Expenditures (OpEx) and Capital Expenditures (CapEx) for Implementation Operational Expenditures (OpEx): Disclose the significant operational expenditures (OpEx) associated with the decarbonisation action plan. This may include: Costs for renewable energy procurement (e.g., buying electricity from clean sources). Operational costs for energy efficiency programs (e.g., retrofitting facilities, training employees). Costs associated with maintaining or upgrading carbon management systems (e.g., carbon accounting, reporting tools). Capital Expenditures (CapEx): Provide details on the significant capital expenditures (CapEx) required to implement the decarbonisation action plan: Investments in renewable energy infrastructure (e.g., installing solar panels, wind turbines). Upgrading to low-carbon production facilities (e.g., replacing fossil-fuel-based equipment). Investments in carbon capture technology and other long-term infrastructure projects aimed at reducing emissions. 4. Financial Impact of Action Plan Expected Financial Outcomes: Discuss the expected financial outcomes of these expenditures and investments, such as: Cost savings from energy efficiency improvements or reduced fossil fuel consumption. Return on investment (ROI) for capital investments in sustainable technologies. Potential revenue growth from the launch of new sustainable products or services. Provide an indication of how financial resources will be allocated across OpEx and CapEx over the short, medium, and long term. https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#4787