ESRS Standard
ESRS Standard
The term"Policy" is synonymous with the term"Policy", which is used within the German version of the ESRS Standard.
26 The company shall disclose its Climate change mitigation and adaptation actions and the resources allocated to their implementation.
27 The aim of this disclosure requirement is to provide an understanding of the main actions taken and planned to achieve the climate-related Targets and targets of the Policies.
28. the description of the actions and means related to Climate change mitigation and adaptation follows the principles set out in ESRS 2 MDR-A Actions and means related to key sustainability aspects.
In this context, note application requirement AR 21
29 In addition to ESRS 2 MDR-A, the following applies to the company:
(a) When listing the main actions taken in the reporting year and planned for the future, it shall outline the climate change actions that use levers for decarbonization, including Nature-based solutions.
b) When describing the results of the climate protection measures, the achieved and expected reduction in greenhouse gas emissions must be stated.
c) Significant amounts of CapEx and OpEx required to implement the actions taken or planned must be allocated to
i. the relevant line items or note disclosures in the financial statements,
ii. the key performance indicators in accordance with Commission Delegated Regulation (EU) 2021/2178; and
iii. where applicable, the CapEx plan in accordance with Commission Delegated Regulation (EU) 2021/2178.
Application Requirement (AR)
Application Requirement (AR)
AR 19 When providing the information on Actions referred to in paragraph 29(a) and (b), the company may:
(a) indicate its main actions and/or plans to implement Climate change mitigation and Climate change adaptation policies as a single action or separate actions,
(b) aggregate types of mitigation actions (decarbonization levers) such as energy efficiency, electrification, fuel switching, use of Renewable energy, product change and decarbonization of the Supply chain that match the company's specific actions,
c) disclose the list of key mitigation actions together with the measurable Targets (as required by disclosure requirement E1-4) by decarbonization lever; and
d) identify the Climate change adaptation actions by type of adaptation solution (e.g. Nature-based adaptation, process or technological solutions).
AR 20 When disclosing the information on resources in accordance with paragraph 29(c), the entity shall only disclose the significant OpEx and CapEx amounts required to implement the Actions, as the purpose of this information is not to reconcile the disclosed amounts to the financial statements, but to demonstrate the credibility of its actions. The CapEx and OpEx amounts disclosed are the tangible and intangible assets added in the current financial year and the new assets planned for future periods during the implementation of the Actions. The amounts disclosed are only the additional financial investments that directly contribute to the achievement of the company's Targets.
AR 21 In accordance with the requirements of ESRS 2 MDR-A, the company explains whether and to what extent its ability to implement the Actions depends on the availability and allocation of funds. Continued access to financing at an affordable cost of capital may be critical to the implementation of the company's Actions, including adjustments to changes in supply/demand or related acquisitions and significant investments in research and development (R&D).
AR 22. the OpEx and CapEx amounts required to implement the actions specified in accordance with paragraph 29(c) shall be consistent with the key performance indicators (key CapEx and OpEx performance indicators) and, where applicable, with the CapEx plan required by Commission Delegated Regulation (EU) 2021/2178. The entity shall explain any differences between the significant OpEx and CapEx amounts disclosed in accordance with this standard and the key performance indicators disclosed in accordance with the Taxonomy Regulation (EU) 2021/2178, for example due to the disclosure of non-taxonomy eligible economic activities as defined in that Regulation. The entity may structure its activities by economic activity in order to compare its OpEx and CapEx and, where applicable, its OpEx and/or CapEx plans with its key performance indicators in accordance with the taxonomy.
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.
E1-3 - Actions and resources related to climate action
Sustainability is at the heart of our corporate strategy and we implement a wide range of initiatives to make our processes more environmentally friendly and sustainable.
We invest more than 95% of our capital expenditure (CapEx) in environmentally friendly projects that meet the requirements of the EU Taxonomy. Further information can be found in the section on the EU Taxonomy.
To increase our contribution to reducing greenhouse gas emissions, we no longer procure or lease vehicles that run on fossil fuels. Currently, a significant proportion of our vehicle fleet is already electric and we are working continuously to increase this proportion further. We assume that this action will lead to a GHG reduction of 5%. We will determine the actual reduction in greenhouse gases when we recalculate our GHG balance sheet, which will be carried out next spring.
We have also integrated innovative solutions into our production processes, including the use of industrial gases generated exclusively from renewable energy. This approach enables us to significantly reduce emissions compared to conventional processes and save an amount of 20,000 CO₂-eq annually. Actions such as these are part of our strategy to use sustainable technologies and make our business activities more environmentally friendly.
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