Provide detailed information regarding whether, by whom, and how frequently the administrative, management, and supervisory bodies, including their relevant committees, are informed about material impacts, risks, and opportunities. Additionally, disclose the implementation of due diligence, as well as the results and effectiveness of policies, actions, metrics, and targets adopted to address these issues.

Question

Accepted Answer

During the year, governance bodies are informed about sustainability matters in the following way:
The CFO gives an update on non-financial matters to the Audit Committee and the Board every quarter.
The Vice President and Head of Sustainability reports to the Audit Committee on performance on selected metrics relevant to key targets in the Sustainability strategy on a quarterly basis.
Updates on implementation of due diligence take place via Enterprise Risk Management and the review of persistent risks.
Reviews of the effectiveness of policies are currently taking place distributed throughout the year.
Targets are evaluated annually in connection with the policy review cycle, depending on relevance.
Before being presented to the Board, all sustainability topics go through a review by the Executive Management team.

Vestas Wind Systems

ESRS disclosure: GOV-2_01

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