We are proud to publish the company's first ESG Report. It is the report of 2023. More are to come.

Actually, only large companies are required by law to prepare and publish their ESG report. Lykkegaard has neither a turnover nor a number of employees that are close to EU requirements.

Nevertheless, we have had our first version of the company's ESG report approved in connection with the 2024 general meeting.

We have made it for several reasons:

• First, many of our customers are large companies that must publlish their official ESG accounts. They need to have control over their entire value chain. This means that they already demand data from us on the various parameters in the offer phase. We therefore know a lot of data in order to be able to participate in the tender rounds and be able to document our choices and actions.

• Second, it sharpens our own focus on core values ​​and how we want to be in the world. Lykkegaard is a family-owned company with 140 years of history. We have many strong values ​​within, for example, quality and orderliness, local roots and recyclability, and we have meticulously sorted our waste and residual products for decades.

When we have to go through the process of documenting what we do and why, it sharpens our focus and helps us make more choices. As an example: For long we have bought refurbished electronics when we had the chance. Now we have officially decided that we do this as standard if what we need is available in a refurbished version. We have also become more aware of the challenge of using heating oil when we see how much it takes up on our CO2 accounts.

So we become more focused and wiser about our own company from working with ESG reporting.

Is this a perfect and complete ESG report that is ready? No, it is not. We are using version 1.,s to learn from. Next year we will have become wiser and more experienced in collecting data and communicating it.

You are welcome to see here how we solved the task the first time.

For the setup and communication, we are inspired by the templates that the Danish Business Authority has prepared for SMEs (and we have mixed a little of their template from 2023 and the one from 2024).

In addition, we have gone through a course in the Confederation of Danish Industry "Climate-Friendly Production Company", where we have been guided through our first CO2 accounting.