Introduction Pioneering the energy transition 5 How we create value 6 Our performance in 2023 8 Sustainability highlights in 2023 10 Setting the standard in intelligent energy control 12 New state-of-the-art-factory in Skive 14 Celebrating 90 years of intelligent energy control 16 Governance Governance of our sustainability work 22 Double Materiality Assessment 24 Our basic commitments 26 Zero-tolerance for corruption 27 Sustainability in sourcing 28 Environment Decarbonizing DEIF's activities in line with the Paris Agreement 1.5°C 32 Life-cycle assessment (LCA) of one of our products 38 Selected achievements in 2023 40 Decarbonizing with our customers 42 Powering the world with microgrids 46 Long-term partnership to accelerate the green transition 48 Responsible production 50 Biodiversity 52 Social Creating a new Social Ambition for DEIF 56 Developing our company culture 58 An employer of choice 60 Health and safety 62 Diversity and inclusion 64 An active, local player 66 Overview of ESG indicators 68 Accounting principles 72 2
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