ESRS Standard
ESRS Standard
ESRS 2 General disclosures
ESRS 2 General disclosures
12 The requirements contained in this section should be read and applied in conjunction with the disclosures required by Chapter 2 Governance, Chapter 3 Strategy and Chapter 4 Management of Impacts, Risks and Opportunities of ESRS 2. The resulting disclosures are presented together with the disclosures required by ESRS 2 in the Sustainability statement, with the exception of ESRS 2 SBM-3 Material Impacts, Risks and Opportunities and their Interaction with Strategy and Business Model, where the entity may, in accordance with ESRS 2 paragraph 49, combine the disclosures with the other disclosures required by this thematic standard.
Disclosure requirements related to ESRS 2 GOV-3 - Inclusion of sustainability-related performance in incentive schemes
13 The entity shall disclose whether and how climate-related considerations are incorporated into the remuneration of members of the Administrative, management and supervisory bodies, including whether their performance has been assessed against the GHG emission reduction targets reportable under the E1-4 disclosure requirement, and the percentage of remuneration recognized in the current period that is linked to climate-related considerations, including an explanation of the climate-related considerations.
Examples from past practice
Examples from past practice
Examples serve only as an indication of how a disclosure requirement has been reported by other companies to date. Audited ESRS reports are not yet available. There is no guarantee of accuracy and completeness.
E1.GOV-3 - Inclusion of sustainability-related performance in incentive systems
Remuneration policy
The remuneration policy for the Executive Board is not only linked to financial performance criteria, but also to non-financial sustainability targets that further advance the sustainable corporate strategy. Since 2021, for example, there has been a variable performance bonus linked to the achievement of sustainability targets, which is weighted at 25%.
Specific sustainability targets that are linked to the remuneration of the Management Board are listed below:
Targets in the area of "Material recycling": "The company will recycle 20% of its material waste per year at a specific site."
Targets in the area of "Water withdrawal": "The company's Water withdrawal will be reduced by 30% by 2025."
Targets under the "GHG reduction target": "Greenhouse gas emissions per product produced will be reduced by 25% by 2026."
The year 2020 is used as the base year for all of the above Targets.
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