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SUSTAINABILITY REPORT 2024

SUSTAINABILITY REPORT 2024
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SUSTAINABILITY REPORT 2024

Product catalog summary
Introduction
The report outlines Dantherm Group's ESG activities for 2024, focusing on achievements and future goals. It is based on internal data and is not audited.

Letter from the CEO
The CEO highlights the shift from compliance to practical sustainability actions, including a baseline calculation for Scope 3 CO₂e emissions.

2024 Key Achievements
  • 16.7% reduction in Scope 1 and 2 CO₂e emissions.
  • Renewable electricity consumption increased from 27% to 75%.
  • 31% female workforce representation maintained.
  • EcoVadis score improved from 48 to 58.
  • 51 nationalities represented, enhancing cultural diversity.
  • Four new ESG policies developed.
  • Energy-efficient distribution center operationalized, reducing transportation by 80,000 km annually.

About Dantherm Group
Dantherm Group provides climate control solutions across Europe, focusing on energy-efficient and innovative solutions.

ESG in Dantherm Group
  • Commitment to UN Global Compact principles.
  • Strategy 2030 aims to strengthen ESG framework and performance.
  • Compliance structure with defined ESG management roles established.
  • ESG KPI tracking increased from 20 to 40 indicators.
  • Preparation for EU Corporate Sustainability Reporting Directive (CSRD).

Environmental Focus
  • Sustainable water damage restoration products developed.
  • Renewable electricity consumption increased to 75%.
  • Sustainable products like FS200 fog smoker and BIO22 evaporative cooler developed.
  • Focus on low-GWP and natural refrigerants to meet regulatory requirements.

Conclusion
Dantherm Group is committed to enhancing sustainability efforts with practical actions and innovative solutions.

Regulation and Environmental Concerns
The EU aims to phase out HFCs by 2050, preferring low-GWP alternatives like R454C refrigerant.

Sustainability Report 2024
CO2 Emissions: A baseline for Scope 3 CO2e emissions was established, with 97% of emissions from product use phase.
Next Steps: In 2025, strategies to enhance ESG performance and improve data quality will be implemented.

Social Commitment
Health and safety incidents reduced by 50% from 2022 to 2024. A new HR function focuses on employer branding and employee development, with an engagement score of 82 in 2024.

Governance and Responsible Sourcing
EcoVadis sustainable procurement score improved from 60 to 70. Supplier Code of Conduct compliance is high, with plans for SMETA audits and a 15% reduction in supplier base by 2025.

ESG Focus for 2025
Plans include publishing Environmental Product Declarations, ensuring F-gas compliance, and product innovation. A "Training House" will provide development opportunities, and new HR policies will ensure consistent practices.
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Catalog excerpts

SUSTAINABILITY REPORT 2024-1

DANTHERM GROUP Environment | Social | Governance

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SUSTAINABILITY REPORT 2024-2

Ice thermal storage system at our logistics centre in Heinsberg. The system pre-produces cooling which requires significantly less energy than direct cooling at the time of cooling demand.

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SUSTAINABILITY REPORT 2024-3

This report provides an overview of our ESG activities across the Dantherm Group. The report is not audited and figures are based on internal data.

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SUSTAINABILITY REPORT 2024-4

It is my pleasure to present Dantherm Group’s sustainability report for 2024 While this is only our second report, sustainability has always been an integral part of our mindset. With this report, we reflect on our progress in 2024, another year in which we took significant steps towards a future where the reporting and communication of our sustainability efforts will hold even greater significance. As an international and professional corporation, the Dantherm Group is committed to environmental awareness, respect for human rights, social responsibility, equality, fair competition, and transparency....

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SUSTAINABILITY REPORT 2024-5

OPERATIONALISING OUR ENERGY-EFFICIENT DISTRIBUTION CENTER SCOPE 1 AND 2 CO₂E EMISSION REDUCTION RENEWABLE ELECTRICITY ENGAGEMENT SCORE In 2024, we operationalised our new energy-efficient distribution centre in Heinsberg, reducing transportation by 80,000 km annually and achieving the highest energy efficiency rating of 40 Plus. We reduced our Scope 1 and 2 CO₂e market-based emissions from 3,882 tons in 2023 to 3,234 tons in 2024, marking a significant reduction in CO₂ emissions. We have increased our share of renewable electricity consumption from 27% in 2023 to 75% in 2024, due to the consolidation...

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SUSTAINABILITY REPORT 2024-6

European leader in climate control solutions At Dantherm Group, we strive to be the leading provider of climate control solutions within selected industries and applications. We assist our customers in achieving optimal climate conditions by delivering energy-efficient and innovative solutions. Originally founded in Denmark in the 1950s, Dantherm Group today operates offices, factories, and distribution centres across Europe, supported by a team of more than 900 passionate employees. At Dantherm Group, we design, manufacture, and market exceptional climate solutions under the three brands: Dantherm,...

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SUSTAINABILITY REPORT 2024-7

reliable partners We understand the importance of building and maintaining strong, long-term relationships with our customers, partners, and stakeholders. We utilise our wide product portfolio, expertise and creative mindset to find the best solution for the customer based on proven or new technology. quality-conscious We are committed to delivering products and services of the highest quality, so we design, build and test everything we do to the highest standards. environmentally focused We let environmental considerations influence our decisions – our founder based the company on energy-efficient...

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SUSTAINABILITY REPORT 2024-8

Commitment Dantherm Group is striving toward sustainable development, adhering to the UN Global Compact’s principles on human rights, labour rights, environmental responsibility, and anti-corruption. Role We aim to reduce our global impact and support positive environmental progress through energy-efficient climate control products and responsible consumption across our value chain. Our solutions contribute to addressing social and climate crises, including providing climate control in crisis zones and preventing water damage in residential areas. Strategy Our Strategy 2030 focuses on strengthening...

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SUSTAINABILITY REPORT 2024-9

ENVIRONMENT - FOCUS ON SUSTAINABLE SOLUTION OFFERINGS AND PRODUCTION Water damage restoration products: A sustainable solution for crisis management Addressing climate-related crises In the face of climate-related emergencies, such as floods and water damage, Dantherm Group’s water damage restoration products play a crucial role in mitigating the impact of floods by ensuring swift recovery through dehumidification and drying. highly effective but also energy-efficient, aligning with our goal of reducing carbon emissions and promoting sustainable practices. Our commitment to sustainability is...

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SUSTAINABILITY REPORT 2024-10

ENVIRONMENT - FOCUS ON SUSTAINABLE PRODUCT DEVELOPMENT Examples of new product developments in 2024 Evaporative cooler BIO22 evaporative cooler exemplifies our commitment to sustainability and innovation. By improving efficiency by 22% and incorporating durable components, we aim to reduce energy consumption and waste. Its advanced water management system and remote monitoring capabilities further minimise environmental impact. These features reflect our holistic approach to sustainability, ensuring that every aspect of product development and service contributes to a greener future. Leak detection...

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SUSTAINABILITY REPORT 2024-11

ENVIRONMENT - REDUCING THE GLOBAL WARMING POTENTIAL (GWP) OF OUR PRODUCTS Preparing for future requirements At Dantherm Group, we place great importance on ensuring our products meet upcoming regulatory requirements for 2027 and 2032. Our development department is dedicated to creating sustainable solutions that comply with new regulations and contribute to a greener future. Focus on low-GWP refrigerants We are integrating low-GWP refrigerants into our products - an essential transition to comply with future regulations and reduce environmental impact. Natural refrigerants Our development department...

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SUSTAINABILITY REPORT 2024-12

ENVIRONMENT - SCOPE 3 CO₂e EMISSIONS Establishing our baseline for Scope 3 CO₂e emissions In 2024, we established our baseline for Scope 3 CO₂e emissions for the first time, using 2023 data. This marks a significant milestone in our efforts to understand and reduce our overall environmental impact. Previously, our focus had been on measuring and reporting Scope 1 and 2 emissions. During the third and fourth quarters of 2024, we conducted a p. 12 comprehensive project to map our Scope 3 CO₂e emissions. By gaining deeper insights into these emissions, we can: • • Next steps In 2025, we will begin...

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SUSTAINABILITY REPORT 2024-13

SOCIAL - OUR COMMITMENT AND FOCUS TOPICS IN 2024 We aspire to create a fair, supportive, and inclusive workplace for all individuals This commitment includes prioritising the well-being of our employees, enhancing training and skill development for both employees and managers, and fostering a culture of diversity and inclusion. Reducing health and safety incidents One health and safety incident is one too many. While we have yet to achieve our goal of zero incidents, we have made substantial progress, reducing the number of health and safety incidents by 50% between 2022 and 2024. Our Work Environment...

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