Provide a comprehensive disclosure of the anticipated financial effects of your company's material risks and opportunities on its financial position, financial performance, and cash flows over the short-, medium-, and long-term. Include the reasonably expected time horizons for these effects and detail how your company expects its financial position, financial performance, and cash flows to evolve over these periods, considering your strategic approach to managing these risks and opportunities.

Question

Accepted Answer

The analysis is conducted with time horizons including Physical: 2030, 2050, 2070, Transition: one-five years, five-10 years, 10-30 years for manufacturing facilities, warehouses, and critical suppliers. The assumptions of the analysis are in line with the scenarios used, including future GHG emissions in the atmosphere. The resilience analysis did not identify any material biodiversity risks, opportunities, or dependencies, and strategic focus caters for material impact, with the business currently resilient to changing ecosystem conditions.

Vestas Wind Systems

ESRS disclosure: SBM-3_09

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