Annual Report 2024

Annual Report 2024ESG INTRODUCTION Our ESG ambitions Preliminary double materiality analysis ESG governance OUR ESG AMBITIONS The DLG Group is very aware of our responsibility to run a healthy business and to contribute to a more sustainable future for generations to come. We therefore have high expectations of ourselves when it comes to contributing to a better environment and climate (E), social conditions (S) and corporate governance (G). In addition to our expectations of ourselves, society also has expectations of our company and the sectors in which we operate. With our ESG ambition, which we developed in 2024, we have defined a number of focus areas and targets for the DLG Group that address the most important of these expectations. The DLG Group operates in three sectors, Food, Energy and Housing, all of which are facing a major transformation towards becoming more climate-friendly and environmentally conscious and adopting a more focused approach to the use of resources. But in addition to improving our operations in terms of climate foot- print and ESG, we also need to ensure that our customers can act greener. As a cooperative owned by Danish farmers, we have a special responsibility towards the food industry. This means that we spend extra time and resources on developing future solutions for agriculture. With the green tripartite, a reduced cultivation area for Danish agriculture is expected. We should take this into account in our forecasts, while at the same time finding solutions to grow more efficiently in a smaller area. Since the launch of our Creating the Future 2030 strategy, we have invested in new greener products and business areas based on new technology and new value chains, some of which have been more difficult to commercialise than initially anti- cipated. Over the past four years, we have made great strides in the development of new technology and extraction of grass proteins at our pilot plant in Nybro. We conclude that any future grass protein factory should be located in connection with a biogas plant, and this is exactly what BioRefine will explore in the future. The DLG Group will ensure that future investments in the green transition are even closer to our core business to deliver products with, e.g., a reduced carbon foot- print or better resource utilisation for the benefit of our customers and owners. 34 DLG ANNUAL REPORT 2024Side 33Side 35