Climate Change Data

Environmental Metrics

ESG Focus Areas

• ESG in the investment life cycle
• Employee engagement and diversity
• ESG training
• Information security
• Greenhouse gas emissions
• Business ethics
• Governance
• Materiality assessment
• Strategy and business model
• Performance and risk management

Governance Achievements

• Adopted a code of conduct and whistle-blower rules for HAL Holding N.V., HAL Investments B.V., and HAL Real Estate Inc.

Climate Goals & Targets

Environmental Challenges

• Increased costs with respect to energy and raw materials for certain subsidiaries, especially Broadview Holding.
• Decline in demand for products and services of certain subsidiaries (Pro Gamers Group and GreenV) due to the conflict between Russia and Ukraine.
• Operational issues at Atlas Professionals due to its back office in Odessa, Ukraine.
• The CSRD is implemented through the European Sustainability Reporting Standards (ESRS). HAL needs to apply these ESRS as of its 2024 annual report.

Mitigation Strategies

• Atlas Professionals provided financial support to employees in Odessa and offered relocation.
• HAL is in the process of preparing to comply with the CSRD, including group-wide training.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• extreme weather conditions and rising sea levels

Opportunities

• development of energy-efficient products

Reporting Standards

Frameworks Used: CSRD

Environmental Metrics

ESG Focus Areas

• Reduction of greenhouse gases emissions
• Occupational health and safety
• Business ethics
• Governance
• Materiality assessment
• Strategy and business model
• Performance and risk management

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Adopted a code of conduct and whistle-blower rules for HAL Holding N.V., HAL Investments B.V., and HAL Real Estate Inc.
• Developed an ESG training program for its investment team members.

Climate Goals & Targets

Environmental Challenges

• The macro-economic environment and a tight financing market caused many clients to postpone projects.
• The energy transition is expected to impact the long-term revenue prospects of Europoort, in addition to current dynamics related to inflation pressure, utility prices, labor and material costs.
• Supply chain challenges, cost inflation and personnel shortages caused companies to fall behind on expected revenues and results.
• High leverage of Pro Gamers Group and the associated interest expense.

Mitigation Strategies

• Each investee company is responsible for evaluating and managing its own risks as well as formulating and executing its own strategy with respect to issues such as sustainable development, compliance with law and regulations, safety, health and environment as well as cyber security (including regulations with respect to data protection).
• HAL is reviewing how to reduce its emissions and how to compensate the remaining emissions.
• A bottom-up double materiality assessment (DMA) has been applied to establish the ESG topics that are material to HAL on a consolidated basis.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• extreme weather conditions and rising sea levels

Transition Risks

• the energy transition

Opportunities

• development of energy-efficient products

Reporting Standards

Frameworks Used: CSRD, ESRS, EU taxonomy

Certifications: Null

Third-party Assurance: PricewaterhouseCoopers Ltd.

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed