1、ANNUALREPORT2024We are progressing towards aligning our reporting with the European Sustainability Reporting Standards(ESRS)and the EU Corporate Sustainability Reporting Directive(CSRD),with full adoption planned by 2025.Sustainability statementsIn the sustainability statements section,we present ou
2、r double materiality assessment,highlighting the impacts,risks and opportunities of significant ESRS topics,including our progress in each key area.The statements also cover the statutory reporting on Corporate Social Responsibility(CSR)in accordance with sections 99a and 99d of the Danish Financial
3、 Statements Act.See page 38 for more details.Consolidated financial statements In the consolidated financial statements section,we highlight the financial performance for the year and the financial position at year-end.This excludes the parent companys statements,which are filed with Danish authorit
4、ies.The structure remains consistent with the previous years annual report.ABOUT THIS REPORTThis comprehensive report offers an overview of Arlas financial results,sustainability performance and govern-ance structure.It includes ourexternally audited consolidated finan-cial statements and externally
5、 assured sustainability statements.Change for the better Johnny grows most of his crops,including fodder beet,which is a valuable feed mixture ingredient that provides nutrients and energy to support milk production.My father and I have different profiles,but that is a good thing.He gave me the free
6、dom and space to improve the farm,which creates a great synergy between us,he adds.ON THE FRONTPAGEJOHNNY NIELSENNear Slagelse,Denmark,Johnny Nielsen,one of Arlas farmer owners and the 7th generation on his family farm,can be seen working at Krogsagergaard.He takes care of 350 Holstein cows and 300