Table of Contents Management review INTRODUCTION 4 Letter from the CEO 5 2024 at a glance 6 Strategy and ambitions towards 2033 8 How we create value – our business model 9 Our commitment to sustainable development 10 Financial and ESG highlights 2024 SUSTAINABILITY STATEMENTS 27 General information 28 Interacting with primary stakeholders 29 Double Materiality Assessment 38 Overview of DEIF’s work with sustainability 39 ESG Governance 40 Involving the global organisation PERFORMANCE AND OUTLOOK 12 2024 Performance and results 17 Boosting our R&D activities 18 New factory enables growth 19 Partnerships 20 2025 outlook Environment 42 Climate ambitions 43 Scope 1-3 results and activities 45 Decarbonisation initiatives in 2024 48 Biodiversity and ecosystems 49 Resource use and circularity CORPORATE GOVERNANCE 22 Risk management 23 Board of Directors 25 Executive management Social 52 Global cultural transformation 53 Social ambition and focus areas 54 Diversity and inclusion 55 Talent attraction and retention 56 Talent engagement and development 57 Health and safety 58 Affected communities Governance 60 Business conduct 61 Overview of ESG indicators
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