1、Our report is our detailed annual account of the companys financial and sustainability performance,risks,strat-egy and governance.It includes our con-solidated financial statements and our externally audited ESG figures.Also,it describes how we are working towards reaching our science-based and othe
2、r environmental targets as well as our health and social ambitions.From 2022,we disclose our climate risks and oppor-tunities according to TCFDs recommen-dation.This report serves as our annual communication on our progress to-wards the UN Social Development Goals,and the statutory statement on CSR
3、in accordance with section 99a and 99b of the Danish Financial Statements Act.See our statutory reporting on 99a on page 9(business model),page 29-32(climate-related risks),page 33-65(poli-cies,actions,management systems and expectations for future),page 128-145(ESG key figures).See our statutory re
4、-porting on 99b on page 137 and Claus Fenger,one of our 8,492 farmer owners,is at the forefront of transform-ing dairy production to be more sustain-able and climate-friendly.His 500 Holstein cows are closely monitored for all aspects of their health,well-being and efficiency.He milks them with milk
5、-ing robots,follows their feeding patterns with 3D cameras and measures their in-dividual methane emissions with a spe-cial hose.Together with researchers from Aarhus University,he uses all the data he collects to find the cows who are the most climate-efficient and breed them.In the future,all Arla
6、 owners will be able to benefit from the result of this research,as they work on becoming more and more sustainable.On the frontpage Claus Fenger Message from the Chairman 4Message from our CEO 52022 performance at a glance 6Five-year overview 7Highlights 2022 8Business model 9Future 26 our strategy