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ESRS disclosure: ESRS E1 \ DR E1.GOV-3
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- Provide a detailed account of whether and how climate-related considerations are integrated into the remuneration structures for members of the administrative, management, and supervisory bodies. Include an assessment of whether their performance is evaluated against the GHG emission reduction targets as outlined in Disclosure Requirement E1-4. Additionally, specify the percentage of remuneration for the current period that is associated with climate-related considerations, and elucidate the nature of these climate considerations.
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Question Id: E1.GOV-3_01
As stipulated in GN’s Remuneration Policy, ESG-related performance is part of (annual) short-term incentive (bonus) objectives for all members of the Executive Leadership Team. This supports progress on policies, targets, and actions in mitigating our material IROs across several environmental and social topics. For the year 2024, these objectives consisted of one overall objective related to reducing carbon emissions across all scopes versus 2023 in support of making progress towards our 2030 climate targets, and 10 key actions related to decarbonization in specific areas, increasing circularity, ESG-related supplier engagement, sustainability-related marketing and CSRD compliance. ESG-related objectives for the CEO and CFO are approved annually by the Remuneration Committee. In the reporting year, 7.2% of the annual bonus was dependent on these objectives for the CEO and CFO with 12% of their annual bonus was linked to ESG, of which 50% was related to reduction of carbon emissions.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed account of how climate-related considerations are integrated into the remuneration packages of members of the administrative, management, and supervisory bodies. Specify if their performance evaluations include assessments against the GHG emission reduction targets as outlined in Disclosure Requirement E1-4. Additionally, state the percentage of the current period's remuneration that is attributed to climate-related considerations, accompanied by a description of these considerations.
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Question Id: E1.GOV-3_02
As stipulated in GN’s Remuneration Policy, ESG-related performance is part of (annual) short-term incentive (bonus) objectives for all members of the Executive Leadership Team. This supports progress on policies, targets, and actions in mitigating our material IROs across several environmental and social topics. For the year 2024, these objectives consisted of one overall objective related to reducing carbon emissions across all scopes versus 2023 in support of making progress towards our 2030 climate targets, and 10 key actions related to decarbonization in specific areas, increasing circularity, ESG-related supplier engagement, sustainability-related marketing and CSRD compliance. ESG-related objectives for the CEO and CFO are approved annually by the Remuneration Committee. In the reporting year, 7.2% of the annual bonus was dependent on these objectives for the CEO and CFO with 12% of their annual bonus was linked to ESG, of which 50% was related to reduction of carbon emissions.
Report Date: 4Q2024Relevance: 10%
- Provide a detailed explanation of how climate-related considerations are integrated into the remuneration structures for members of the administrative, management, and supervisory bodies. Specify whether their performance evaluations include assessments against the GHG emission reduction targets as outlined in Disclosure Requirement E1-4. Additionally, indicate the percentage of current period remuneration linked to these climate-related considerations and describe the specific climate considerations involved.
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Question Id: E1.GOV-3_03
As stipulated in GN’s Remuneration Policy, ESG-related performance is part of (annual) short-term incentive (bonus) objectives for all members of the Executive Leadership Team. This supports progress on policies, targets, and actions in mitigating our material IROs across several environmental and social topics. For the year 2024, these objectives consisted of one overall objective related to reducing carbon emissions across all scopes versus 2023 in support of making progress towards our 2030 climate targets, and 10 key actions related to decarbonization in specific areas, increasing circularity, ESG-related supplier engagement, sustainability-related marketing and CSRD compliance. ESG-related objectives for the CEO and CFO are approved annually by the Remuneration Committee. In the reporting year, 7.2% of the annual bonus was dependent on these objectives for the CEO and CFO with 12% of their annual bonus was linked to ESG, of which 50% was related to reduction of carbon emissions.
Report Date: 4Q2024Relevance: 85%