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ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 f
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- Provide a disclosure of significant capital expenditures invested during the reporting period in coal-related economic activities, as required by Disclosure Requirement E1-1 – Transition plan for climate change mitigation, paragraph 14.
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Question Id: E1-1_09
Fuel consumption from coal and coal products is not listed, indicating no significant capital expenditures in coal-related activities.
Report Date: 4Q2024Relevance: 75%
- Provide a detailed disclosure of significant capital expenditures (CapEx) invested during the reporting period specifically related to gas-related economic activities, as part of the transition plan for climate change mitigation, in accordance with Disclosure Requirement E1-1.
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Question Id: E1-1_11
Fuel consumption from natural gas is listed as 2,064 MWh in 2024.
Report Date: 4Q2024Relevance: 10%
- Indicate whether and how your company's policies address the areas related to climate change mitigation and adaptation as outlined in Disclosure Requirement E1-2.
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Question Id: E1-2_01
As a globally operating manufacturing company, climate change is a material topic for GN. The company has a climate transition plan in place, consisting of an overarching policy, science-based targets, climate-related incentives for the CEO and CFO, and several decarbonization initiatives. The Board of Directors has approved the policy, targets, and incentives. GN's Environmental Policy covers the approach to climate change, including the commitment to reduce greenhouse gas (GHG) emissions in line with scientific consensus. The policy includes expectations for suppliers to provide accurate carbon data and sets out decarbonization levers and criteria for prioritizing initiatives. GN does not consider carbon offsetting as an alternative to carbon reduction and will only engage in certified carbon removal. The policy is approved by the Board of Directors, and Executive Management is accountable for implementation.
Report Date: 4Q2024Relevance: 90%