Sustainability-Linked Bond Framework slide image

Sustainability-Linked Bond Framework

Danfoss' Sustainability-Linked Bond Framework 2030 decarbonization plan Scope 1 and 2 GHG Emission 500 419 404 396 378 400 300 200 100 0 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Scope 1 and 2 GHG emissions • Danfoss has published our first The framework is aligned with the ICMA Sustainability-Linked Bond Principles ΚΡΙ • 2028 2030 Sustainability-Linked Bond Framework - linked to targets on our decarbonization journey SPTS 26 Bond Investor Presentation May 2023 Reduce absolute scope 1 and 2 GHG emissions by 75% from a 2019 base year Achieve carbon neutral operations (scope 1 & 2), equivalent to a minimum of 90% absolute Scope 1 and 2 emissions reduction • . The SPTs set out constitute a more ambitious pathway compared to the target already validated to be in line with a 1.5°C scenario by the science-based target initiative. This reinforces that Danfoss' climate ambitions are in line with science and the goals of the Paris Agreement. S&P has provided a Second Party Opinion considering Danfoss SPTS to be "Strong" Danfoss will annually report on performance of the KPI against the SPTS, verified by a qualified external reviewer ENGINEERING TOMORROW Danfoss
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