Currently, we have not set time-bound and outcome-oriented targets that meet the criteria for effectively reducing negative impacts, advancing positive impacts, or managing material risks and opportunities related to affected communities. However, we recognise the importance of establishing robust targets to drive meaningful progress in this area. We are working to establish a clear community engagement process that will involve engaging directly with the affected communities, their representatives, or credible proxies. In the meantime, we are focused on gathering data and assessing current practices to ensure that future targets are effective and aligned with stakeholder needs. We are not yet fully able to monitor how effectively our policies and actions address our material sustainability-related impacts, risks, and opportunities for affected communities.

All affected communities likely to be materially impacted by our operations and throughout our value chain are included in the scope of our disclosures. This includes not only impacts directly connected to our own operations but also those throughout our value chain, including our business relationships.

We recognise the importance of identifying and understanding the diverse communities that may be affected by our renewable energy projects. Our operations and value chain may impact various communities, leading to human rights concerns and other social impacts. Through our DMA process, we have identified two key groups that are subject to our material impacts: Indigenous Peoples and local communities. Indigenous Peoples are affected by our own operations, such as wind or solar farm development, and throughout our value chain, where we may work with suppliers operating on or near Indigenous lands. They are particularly vulnerable and face heightened risks of harm due to their cultural heritage and traditional land rights. Local communities can also be impacted negatively by living near extraction sites for minerals and metals used in renewable energy infrastructure, such as rare earth elements for wind turbines and solar panels.

All affected communities likely to be materially impacted by our operations and throughout our value chain are included in the scope of our disclosures. This includes not only impacts directly connected to our own operations but also those throughout our value chain, including our business relationships. We have identified two key groups that are subject to our material impacts: Indigenous Peoples and local communities. Indigenous Peoples are affected by our own operations, such as wind or solar farm development, and throughout our value chain, where we may work with suppliers operating on or near Indigenous lands. They are particularly vulnerable and face heightened risks of harm due to their cultural heritage and traditional land rights. Local communities can also be impacted negatively by living near extraction sites for minerals and metals used in renewable energy infrastructure, such as rare earth elements for wind turbines and solar panels.

In general, our material impacts are widespread and systemic, particularly in regions where we develop renewable energy projects, or where critical materials are sourced for the technologies we use. They arise as part of the transition to greener and renewable operations. This transition includes challenges associated with innovation and restructuring, such as the increased demand for minerals and metals that are essential for renewable technologies.

We actively work to implement initiatives that foster community development in consultation with communities to best address local needs. Involving local communities in the planning and development phases of renewable energy projects allows us to address their concerns, align our activities with community interests, and promote shared benefits, such as job creation, economic development, and enhanced community well-being. For instance, we provide education and upskilling programmes to develop competences in renewable energy technologies through community benefit funds. This enables community members to gain employment in our projects or the wider renewable energy industry, generating local jobs and fostering innovation. Additionally, we invest in community infrastructure to enhance public facilities and improve living standards, such as the Grimsby Youth Zone in the UK.

Material IRO description includes: 1. Pollution from mining may affect communities’ health (Potential negative impact - upstream value chain). 2. Local jobs and educational opportunities (Positive impact - own operations). 3. Public infrastructure improving living standards (Positive impact - own operations). 4. Local communities’ resistance to and concerns with renewable energy projects (Risk - own operations). 5. Increasing local content and social impact requirements in tender processes (Risk - own operations).

We recognise the importance of identifying and understanding the diverse communities that may be affected by our renewable energy projects. Our operations and value chain may impact various communities, leading to human rights concerns and other social impacts. Through our DMA process, we have identified two key groups that are subject to our material impacts: Indigenous Peoples and local communities. Indigenous Peoples are affected by our own operations, such as wind or solar farm development, and throughout our value chain, where we may work with suppliers operating on or near Indigenous lands. They are particularly vulnerable and face heightened risks of harm due to their cultural heritage and traditional land rights. Local communities can also be impacted negatively by living near extraction sites for minerals and metals used in renewable energy infrastructure, such as rare earth elements for wind turbines and solar panels.

We have identified three key material financial risks in our operations that arise from our interactions with and dependencies on affected communities. First, local community resistance to renewable energy projects – if not proactively addressed – may lead to delays in project timelines, increased costs from operational disruptions, potential legal costs from community lawsuits, and political or reputational risks. This risk is especially significant for communities in industrialised or rural areas that depend on the same natural resources, such as land or water, or infrastructure that our operations may impact. For instance, for wind or solar projects, disputes over reduced access to land or sea space or environmental concerns, including biodiversity impacts, can hinder progress. Second, increasing requirements for local content and social impact in tender processes present a risk, as meeting these expectations requires significant engagement and resources to ensure local communities benefit from our projects. Third, securing the free, prior, and informed consent (FPIC) of Indigenous communities presents a risk, particularly in regions like the US and Australia, where Indigenous Peoples maintain strong cultural and ownership ties to their lands. Failure to ensure consent through an adequate FPIC process – due to insufficient engagement by authorities, business partners, or previous stakeholders – can result in project delays, added costs, and strained relationships that may limit future opportunities in these areas.

We create value by developing, constructing, operating, and owning renewable assets and by providing sustainable energy products to our customers. Our portfolio includes offshore and onshore wind farms, solar farms, energy storage, and CHP plants.