Provide a detailed explanation of the methods employed to ensure that the baseline value, used for measuring progress towards climate change mitigation and adaptation targets, accurately represents the activities covered and accounts for external influences. Include considerations such as temperature anomalies affecting energy consumption and related greenhouse gas emissions. Specify whether normalization of the baseline value or the use of a 3-year average was applied to enhance representativeness and achieve a more faithful representation.

Question

Accepted Answer

GN disclosed GHG emissions in Scopes 1, 2, and 3, covering all business activities, for the first time in 2021. Data accuracy for that reporting year is sufficient for reliable representation of GN’s GHG emissions. To improve the accuracy and comparability of their carbon accounting, they have updated their methodology, most significantly changes to the emission factors applied. The 2021 baseline has been recalculated so there is no effect on their targets.

GN Store Nord

ESRS disclosure: E1-4_20

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