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 in connection with ESRS 2 SBM-3 - Material Impacts, Risks and Opportunities and their Interaction with Strategy and Business Model
18 For each material climate-related risk that the entity identifies, the entity shall explain whether the risk is a climate-related physical risk or a climate-related transition risk .
19 The company describes the resilience of its strategy and business model in relation to climate change. The description includes
a) The scope of the resilience analysis,
b) how and when the resilience analysis was performed, including the use of the Climate Scenario analysis referred to in the disclosure requirements related to ESRS 2 IRO-1 below and the corresponding application requirements; and
c) the results of the resilience analysis, including the results of the Scenario analysis.
Application Requirement (AR)
Application Requirement (AR)
AR 6 When disclosing the information on the scope of the resilience analysis in accordance with paragraph 19(a), the entity shall explain which part of its own operations and its upstream and downstream Value chain and which Material risks and Transition risks, if any, have been excluded from the analysis.
AR 7 When disclosing the information on how the resilience analysis referred to in paragraph 19(b) was performed, the entity shall explain the following:
(a) the critical assumptions about how the transition to a low-carbon and resilient economy will Impacts on macroeconomic trends affecting the company, energy consumption and energy mix, and assumptions about the deployment of technologies,
b) the time horizons applied and their alignment with the climate and business scenarios used to determine Material risks and Transition risks ( sections AR 11 and AR 12) and to set emission reduction targets ( reported in the E1-4 disclosure requirement); and
Example (good practice)
Example (good practice)
Examples serve only as an indication of how a disclosure requirement has been reported by other companies. There is no guarantee of accuracy.
Coming soon...
This article has been machine translated. In case of errors, please contact [email protected].