LTP Annual Sustainability Performance Report 2023

Sustainability data collection

Accounting practices

Fight for climate indicators Non-renewable energy originates from natural gas, LPG gas, diesel, gasoline, acquired non-renewable district heating and electricity.

Renewable energy is generated by solar panels installed at the Copenhagen office (Denmark) and at our Furniture main production site in Kedainiai, Lithuania. The renewable energy volume is based on invoices. Additionally renewable energy certificates are acquired. The renewable energy share is the share of renewable energy from solar panels, GO’s and biomass (used for heating at our production sites in Orlit, Belarus) of all energy used.

Total energy consumption is summarized in MWh. Conversion of units to MWh is based on DEFRA conversion and other recognized sources.

Share of renewable sources in total energy consumption is the share of renewable energy of all energy consumption.

Share of non-renewable sources in total energy consumption is the share of non-renewable energy of all energy consumption.

Renewable electricity share is the share of renewable electricity from solar panels and GO’s of all electricity used.

Greenhouse gas emissions (CO2e) are disclosed in line with the guide-line of the Greenhouse Gas Protocol. Energy consumption are converted to CO2e emissions using conversion factors. Conversion factors are reviewed annually prior to our Sustainability disclosure. For Scope 1 emission factors from DEFRA are used. For scope Scope 2 emission factors from specific activity sources, AIB and local sources are used. If data for residual mix is not available, location-based emission factors are applied.

Scope 1 covers direct GHG emissions from sources that are controlled by the LTP Group.

Scope 2 covers indirect GHG emissions from the generation of electricity and heat. The GHG emissions physically occur at the facility where the electricity or heat is generated. Scope 2 emissions are disclosed according to both the market- and location-based method.

Consumption of electricity at production sites and warehouse is based on online accessible data and invoices. Consumption of electricity used at our Copenhagen office is based on previous year allocated consumption due to unavailability of more recent data. 55

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