H1-SH-5-D flender gearbox usa Helical gear units H1

Flender/Flender Gear Units/Helical gear units H1

is the main governance body for all CSR and climate-related topics. Along with the Companys top management, the CSR Board is responsible for climate-related risks and opportunities and management of the same.Our Executive Board is aware that climate-related risks and opportunities can be material to our business and has strengthened its effort to identify, avoid and/or mitigate climate-related risks affecting Flender, where possible. There is direct line of communication between the Chief Executive Officer (CEO) and the CSR Board, which in turn has direct line of communication with the functional and local managers. Wherever Flender locations face climate-related risks, respective mitigation will be implemented within timeline and incorporated within budget. These measures are subsequently followed up by Flender Real Estate. The CEO is responsible for all strategic sustainability areas and is supported by the CSR department. The goal is to fulfill the Companys vision to be the partner of choice for sustainable future. By elevating climate-related risks and opportunities to the top ofmanagements agenda and with the CEO as the individual ultimately responsible, we are orienting ourgovernance structure to the TCFD framework. 8 TCFD DISCLOSURE 2 GRI 2-2 | SDG 1.1 TCFD DISCLOSURE 2 8 SUSTAINABILITY REPORT 2 8 TCFD DISCLOSURE 2 CONTINUED GRI 2-2 | SDG 1.1 continued FLENDER CSR BOARD Kimberley tenBroeke HEAD OF CSRAndreas Evertz GROUP CEO (CHAIRMAN) MANAGEMENT BUSINESS UNIT/LINE ndustrial Gears ustomer Services ouplings Tu rbo ind Gears ind GeneratorsMANAGEMENT GROUP FUNCTIONS orporate Development & Communications Hu man Resources & Legal Compliance rocurement arts Manufacturing TCFD DISCLOSURE 2 SUSTAINABILITY REPORT 2 Strategy In line with the TCFD recommendations, we focus on two groups of risks: ransition risks related to transition to lower-carbon economy. These include policy and legal, technology, market and reputation ris