MARINEMINERALSESGHANDBOOKESGdisclosureguidanceforthemarinemineralsindustryReportNo.:2024-1737,Rev.00DocumentNo.:1753590Date:2024-08-12DNV–ReportNo.2024-1737,Rev.00–www.dnv.comPageiProjectname:MarinemineralsESGhandbookDNVASEnergySystemsEnvironmentalRiskMgtNordicsVeritasveienHøvik1363NorwayTel:+4767579900945748931Reporttitle:ESGdisclosureguidanceforthemarinemineralsindustryCustomer:1GCEOceanTechnology,Customercontact:JonHellevangDateofissue:2024-08-12ProjectNo.:10383269Organisationunit:EnvironmentalRiskManagementNordicsReportNo.:2024-1737,Rev.00DocumentNo.:1753590Applicablecontract(s)governingtheprovisionofthisReportObjective:DNVhasdevelopedasectorspecificESGdisclosureguidanceforthemarinemineralsindustrythatisinspiredbygoodpracticeinotherrelevantindustriesandglobalESGdisclosurestandards.Theguidancedocumenthasbeendevelopedthroughaniterativeprocessandincollaborationwithalargestakeholdergrouptoensurethedocumentbecomesausefultoolfortheindustryanditsstakeholders.Preparedby:Verifiedby:Approvedby:TorildR.Nissen-LieSeniorPrincipalConsultantSustainabilityJensLaugesenSeniorPrincipalSpecialistTorJensenVicePresident-HeadofSectionAnneckenNølandConsultantCopyright©DNV2024.Allrightsreserved.Unlessotherwisenotedbelow:(i)Thispublicationorpartsthereofmaynotbecopied,reproducedortransmittedinanyform,orbyanymeans,whetherdigitallyorotherwise;(ii)Nothirdpartymayrelyonitscontents;and(iii)DNVundertakesnodutyofcaretowardanythirdparty.Referencetopartofthispublicationwhichmayleadtomisinterpretationisprohibited.WherevercontentordefinitionsarebasedonorcomefromGRIStandards,thecopyrightremainswithGRI.Wherevercontentordefinitionsarebasedonorcomefromotherstandards,thecopyrightremainswiththerelevantstandardholder.Frontpageimage:CopyrightTheMetalsCompany.DNVhasbeengranteduserrightsinpurposeoftheESGHandbook.Acknowledgementofcollaboratingorganisations:ThedevelopmentofthisguidancedocumentonESGdisclosureshasbeensupportedbyaworking-andareferencegroupconsistingofrepresentativesfromcontractors/operators,suppliers,industryassociations,innovationclusters,researchinstitutions,financialinstitutions,andnon-governmentalinstitutions,seeappendixBformoredetails.Theirinputandsupporthavebeenhighlyappreciated.Theguidancedocumentdoesnotreflectaconsensusbetweenallpartiesinvolved.Aspecialthankstotheprojectsponsorswhomadetheprojectpossible:AkerBP,Loke/UKSeabedResources,TheMetalsCompany,NorwegianForumforMarineMinerals(NMM),Equinor,GlobalSeaMineralResources(GSR),INESCTECandTransocean.Keywords:Marineminerals,Environment,SocialandGovernance,ESG,Annualdisclosure,Materialtopics,reportingmetricsRev.No.DateReasonforIssuePreparedbyVerifiedbyApprovedbyDraftA2023-09-21DraftforreviewbytheReferenceGroupDraftB2024-01-22DraftforreviewbytheWorkingGroupDraftC2024-02-16DraftforreviewbyISAandGRIDraftD2024-06-19FinaldraftforapprovalbysponsorRev002024-08-12FinaldocumentNissen-Lie,TorildR.DigitallysignedbyNissen-Lie,TorildR.Date:2024.08.1312:25:50+02'00'Jensen,TorDigitallysignedbyJensen,TorDate:2024.08.1312:30:30+02'00'Laugesen,JensDigitallysignedbyLaugesen,JensDate:2024.08.1321:05:35+02'00'DNV–ReportNo.2024-1737,Rev.00–www.dnv.comPageiiTableofcontents1INTRODUCTION...............................................................................................................................................11.1Background11.2Objective21.3Scope21.4...