12. The undertaking shall disclose its biodiversity and ecosystems policies in accordance with the provisions of ESRS 2 GDR-P.

13. In addition to the provisions of ESRS 2 GDR-P, the undertaking shall describe the content of its biodiversity and ecosystems-related policies with respect to:

Footnote to paragraph 13(b)
This information supports the information needs of financial market participants subject to Regulation (EU) 2019/2088 because it is derived from a mandatory indicator related to principal adverse impacts as set out by indicator #14.2 in Table 2 of Annex I of Commission Delegated Regulation (EU) 2022/1288 with regard to disclosure rules on sustainable investments ('Share of investments in investee companies without a biodiversity protection policy covering operational sites owned, leased, managed in, or adjacent to, a protected area or an area of high biodiversity value outside protected areas').

AR 3 for para. 12 (Policies related to biodiversity and ecosystems)
When describing the content of its policies, the undertaking shall specify, where applicable, whether they address sustainable land or agricultural practices, sustainable oceans or seas practices, and deforestation.

Footnote to AR 3
This information supports the information needs of financial market participants subject to Regulation (EU) 2019/2088 because it is derived from mandatory indicators related to principal adverse impacts as set out by indicators #11, #12, and #15 in Table 2 of Annex I of Commission Delegated Regulation (EU) 2022/1288 with regard to disclosure rules on sustainable investments ('Investments in companies without sustainable land/agriculture practices', 'Investments in companies without sustainable oceans/seas practices', and 'Deforestation').

AR 4 for para. 12 (Policies related to biodiversity and ecosystems)
​Biodiversity and ecosystems scenario analysis can inform the identification, assessment and management of material risks and opportunities over short-, medium- and long-term time horizons. The undertaking can consider the use of scenario analysis when defining its policies, actions and targets.

AR 5 for para. 13(b) (Policies related to biodiversity and ecosystems)
If the undertaking’s site is in or near a biodiversity-sensitive area, its activities can be related to material negative impacts on the biodiversity-sensitive area. Whether an undertaking’s site outside a biodiversity-sensitive area is near such an area shall be determined by defining the site’s area of influence. The area of influence can be determined by applying buffer distances specific to the undertaking’s type of activity following regulatory requirements, science-based recommendations and industry best practice.