Ambu A/S

The Sustainability & ESG committee consists of Executive Vice Presidents and Vice Presidents representing Finance, Innovation, Global Operations, Sales, Marketing and Human Resources as well as our Corporate Business Ethics & Compliance Director. The committee meets with the Director of ESG once a month to make sure that material sustainability & ESG issues, activities and targets are anchored and executed across Ambu's functions and operations. Our CEO and CFO approve policies, reporting and selected processes. [...] To support the Board, our Sustainability & ESG committee meets monthly to ensure that sustainability & ESG activities and targets are anchored and deployed across Ambu's functions and operations. The CEO and CFO approve policies, reporting and selected processes. In 2020/21, the Board supported the proposal to sign up to the Business Ambition for 1.5ºC campaign led by the Science Based Targets initiative in partnership with the United Nations Global Compact and WE MEAN BUSINESS. The Audit Committee (Board) and the Risk Board* assist the Board in overseeing Ambu's management of enterprise risks as well as the implementation of policies and standards for monitoring and mitigating such risks.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Our engagement with Danish Industry (DI) focuses on climate-related activities and policies and is aligned with our ambition to contribute to a circular economy. This includes participating in networks and events which help us understand the challenges and opportunities within our industry, and participate in the dialogue around how we can further advance the agenda through for instance changes in current legislation.

We engage with the Science-Based Target Initiative (SBTi) by signing a letter of commitment which commits Ambu to set carbon emission targets to meet the goals of the Paris Agreement. We will convert our existing carbon emission target of a "50% reduction of carbon emissions in 2025 compared to 2018/19 baseline† to be in line with the guidance from SBTi.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Our engagement with Danish Industry (DI) focuses on climate-related activities and policies and is aligned with our ambition to contribute to a circular economy. This includes participating in networks and events which help us understand the challenges and opportunities within our industry, and participate in the dialogue around how we can further advance the agenda through for instance changes in current legislation.