GN Store Nord
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 e
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- Provide a detailed explanation of any objectives or plans related to capital expenditures (CapEx), capital expenditure plans (CapEx plans), and operational expenditures (OpEx) that your undertaking has formulated to align its economic activities, including revenues, CapEx, and OpEx, with the criteria set forth in Commission Delegated Regulation 2021/2139, as required under Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation.
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Question Id: E1-1_08
For these reasons, we also do not expect alignment of our economic activities with the delegated act on climate objectives to change significantly in the future. However, a small increase in CAPEX and OPEX alignment may be expected in eligible economic activities such as construction of new buildings and production facilities (CCM/CCA 7.1), building renovation measures (CCM/CCA 7.2), energy efficiency initiatives at our facilities (CCM/CCA 7.3), installation of onsite renewable energy capacity (CCM/CCA 7.6) and electrification of our car fleet (CCM/CCA 7.4) which are actions we will take to ensure we meet our near- and long-term climate targets.
Report Date: 4Q2024Relevance: 80%
- Provide an explanation regarding the credibility and integrity of the carbon credits utilized, particularly in instances where public claims of GHG neutrality have been made. This explanation should reference recognized quality standards as part of Disclosure Requirement E1-7 concerning GHG removals and GHG mitigation projects financed through carbon credits.
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Question Id: E1-7_25
GN only partners with reputable suppliers and business partners, ensuring that all projects have undergone thorough due diligence assessments to certify quality and integrity. Projects are assessed based on indicators relating to climate impact, co-benefits, integrity, and the outlook of each project to validate the safety and reliability of the carbon storage. All projects, except one, are certified under a recognized quality standard. No projects have been retired during 2024.
Report Date: 4Q2024Relevance: 85%