GN Store Nord
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
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- Provide a detailed explanation of how the transition plan for climate change mitigation is integrated into and aligned with your company's overall business strategy and financial planning.
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Question Id: E1-1_13
Moreover, our climate reduction initiatives as described on these pages, are anchored within our existing business model and financial planning. This is further supported by the fact that we do not currently have material climate-related financial risks (see page 29), and the fact that GN is not excluded from the Paris-aligned benchmarks.
Report Date: 4Q2024Relevance: 60%
- Provide detailed information on the type of adaptation solutions implemented by your company in response to climate change policies, as specified under Disclosure Requirements E1-3. Indicate whether these solutions are nature-based, engineering, or technological. Additionally, clarify if the anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities, are quantified, ensuring compliance with the qualitative characteristics outlined in ESRS 1 Appendix B.
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Question Id: E1-3_02
GN uses climate scenario analysis to assess risks and opportunities, applying different scenarios over short, medium, and long-term horizons. The analysis includes physical risks like extreme weather and transition risks such as carbon pricing. The company uses geolocations and supplier data for risk assessment. Financial impacts are assessed using life cycle assessments and climate projections. The anticipated financial effects are not explicitly quantified in the provided text.
Report Date: 4Q2024Relevance: 60%