Verdo’s business model

Resources

• People • Capital • Knowledge • Innovation • Wood • Solar • Water • Coal Strategic business

Other

Activities

Development and

installation: • Biomass • Energy plants • Street lighting • Waterworks • Fibre-optic networks • Electrical installation • Charging stations • Traffic and parking systems Operation and maintenance: Regulated: • District heating • Water

• Energy plants • Street lighting • Fibre-optic networks Trade: • Biomass • District heating • Technical carbon • Electricity sales

• Electricity grids

Value

• District heating • Power • Drinking water • Contributes to CO2 emissions • Contributes to CO2 reductions • Danish and international jobs • Tax payments in Denmark • Cultural and sports sponsorships in local communities

CSR –Corporate Social Responsibility

Statutory statement on corporate social responsibility pursuant to section 99 a of the Danish Financial Statements Act

Verdo’s vision is to be one green step ahead – together. Contributing to the green transformation and delivering sustainable energy are part of our corporate social responsibility. It is an important vision, because worldwide fossil fuels still account for more than 80% of the planet’s total energy consumption.

In 2015, the UN adopted 17 Sustainable Development Goals (SDGs) which are to be achieved by 2030. The SDGs provide a new and improved framework for how companies can help solve the big global climate challenges. Verdo acknowledges that we are part of the problem, but we are also part of the solution. That is why we have a firm commitment to the UN’s 17 SDGs.

Verdo contributes directly or indirectly to all 17 SDGs. However, our special expertise enables us to contribute solutions to address specific SDGs. In 2019, we incorporated SDG 6 Clean water and sanitation, SDG 7 Affordable and clean energy and SDG 13 Climate action into our strategy. This work continued in 2020.