Demant
ESRS disclosure: ESRS ESRS 2 \ DR IRO-1 \ Paragraph 53 b iv
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- Provide a detailed explanation of the process your organization employs to identify, assess, prioritize, and monitor potential and actual impacts on people and the environment. This should be informed by your due diligence process and include an account of how negative impacts are prioritized based on their relative severity and likelihood. Additionally, if applicable, describe how positive impacts are prioritized based on their relative scale, scope, and likelihood. Clarify how these processes determine which sustainability matters are deemed material for reporting purposes, referencing any qualitative or quantitative thresholds and other criteria as outlined in ESRS 1 section 3.4 on Impact Materiality.
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Question Id: IRO-1_06
The scoring methodology and criteria of the materiality assessment include impact materiality based on scale, scope, irremediability of negative impacts, and likelihood of impacts. For actual positive and negative impacts, materiality is based on the impact severity, whereas for potential impacts, materiality is based on severity and likelihood. Financial materiality considers size of financial effect, likelihood, and impact on reputation. The materiality of IROs was ranked using predominantly qualitative scales, with quantitative input such as scales on financial effect and information from internal sources assessed to be reliable. All impacts, risks, and opportunities ranked over the materiality threshold of 1.8 are included in the report.
Report Date: 4Q2024Relevance: 75%