The adopted KPIs tied to the Sustainability-Linked Financial Instruments are (i) our greenhouse gas (‘‘GHG’’) emissions intensity and (ii) waste intensity with target reductions set from a 2018 baseline. By intensely focusing our resources to meet the reduction goals, as of the first interim target date of 2022, we have exceeded the goals set on both targets. A Sustainability-Linked Financing Report will be provided to Investors by Arxada on the progress made against the KPIs of each Sustainability-Linked Financing Instrument. External verification of our assessment of performance against the KPIs of each Sustainability-Linked Financing Instrument will be conducted on at least an annual basis beginning the fiscal year end 2022. See our assurance statement for our 2022 KPI observation data here. More information on how we are working to improve our GHG and waste impact and meet our targets can be found in the Planet Pillar content.
2022 Sustainability Report | The Power of Science & Sustainability Page 8 Page 10