Environmental Report

The report extends Bulk's climate-risk analysis to IFRS S2 and sets a company-wide net-zero target across Scopes 1, 2, and 3 by 2050, alongside 2030 reduction goals. It presents 2024 greenhouse-gas emissions separately for Data Centers, Fiber Networks, and Industrial Real Estate, using both location- and market-based Scope 2 methods. The report also explains selected Scope 3 categories and the use of spend-based estimates where supplier data is unavailable.