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 a detailed explanation of how the newly established baseline value influences the revised target, its attainment, and the depiction of progress over time. Ensure that any changes to the baseline value or base year are justified by significant alterations in either the target or the reporting boundary. Additionally, confirm that the selected base year for new targets does not precede the first reporting year of the new target period by more than three years, to maintain comparability.
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Question Id: E1-4_21
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 our carbon accounting, we have updated our methodology, most significantly changes to the emission factors applied. The 2021 baseline has been recalculated so there is no effect on our targets (see the Restatements section on page 42).
Report Date: 4Q2024Relevance: 60%