COINDU | Sustainability Report 2023

SUSTAINABILITY REPORT 2023 As can be seen, the most significant reduction occurred at the installa- tion in Arcos de Valdevez, followed by Joane and Tetla – México. This reduction in Arcos and Joane is mainly due to the reduction in scope 2 emissions, which resulted from the acquisition of renewable energy. As for Arcos, although there is an apparent significant reduction, it has very low Scope 1 GHG emissions and as such small reductions represent, in relative terms, a large change in the indicator. Reduction of GHG emissions and targets There were several GHG emission reduction initiative in the last years that can justify the decrease in the intensity metric presented above. There were reductions in scope 1 and 2 emissions/set produced, es- sentially related to the acquisition of green energy from July 2022 at the Joane and Arcos facility (Scope 2) and the reduction in internal fleet (mobile sources) fuel consumption, explained by the replacement of diesel vehicles (internal fleet) with hybrid and electric vehicles in Joane as well as the reduction in the overall number of vehicles in the internal fleet. Additionally, since the pandemic, a reduction of external renting trans- port, consequence of the decrease in face-to-face visits to customers, which also lead to a reduction in Scope 1 and 2 GHG emissions per set produced. As mentioned above, in Reduction of energy consumption, a 176 GJ per year reduction is estimated from the 5 EV’s acquired, which re- placed 5 combustion vehicles. If we consider the 2023 emission factor of the Portuguese electricity sector, of 86 kg/kWh (source: APREN), we obtain a reduction of 3 ton CO2e per year. In terms of Scope 2 GHG emissions, considering the acquisition of green energy, it is estimated that 418 Ton CO2e were avoided in 2023. GRI 305-5 101