Novonesis (Novozymes) B

## Why and how we advocate

The policy frameworks we need for the green transition won't happen without advocacy through collective action. We foster partnerships and global discussions to support this kind of action.

We actively engage with key stakeholders including governments in the regions where we operate. We engage mostly through policy advocacy, complemented by work with industry and trade associations. However we don't support political parties or politicians. And as required by law, we're registered in dedicated lobbyist registers such as The Transparency Register in Brussels.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]In Novozymes, we have dedicated regional and global departments for public affairs, regulatory affairs and sustainability. In collaboration, these departments work to ensure we a) reach Novozymes internal targets to reduce impact on climate change and b) influence regulation and policy makers to introduce political and regulatory frameworks that incentivize uptake of greener technologies, accelerating green transition and reducing industry's impact on environment and climate. Novozymes' solutions enable accelerated green transition in a wide range of industrial sectors. From a public affairs and regulatory side, we work directly/indirectly with interest organizations, ministries, policy makers and NGOs to influence and propose policies that ensure green transition in the regions we're active and on a global level. This includes proposing regulation such carbon taxes, stricter criteria for the use of environmental and climate-friendly solutions.