GN Store Nord
Health Care Equipment
Denmark
ESRS disclosure: E5-3_11
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- Provide a detailed account of the methodology employed to determine whether the ecological thresholds and entity-specific allocations were considered when establishing targets related to resource use and circular economy. Specify if these thresholds are entity-specific and elucidate the process by which they were determined.
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Question Id: E5-3_11
All targets have been set based on insights into development trends in the market, as well as considering availability of resources, materials, supplier performance, and cost considerations. All current targets and our ambition level in setting further targets in this area is to comply proactively with legislation and stakeholder expectations. As such, we determine which metrics to use for our targets based on three considerations:
- (Emerging) legislation, such as right-to-repair and extended producer responsibility laws, which could require reporting on progress in specific areas of resource outflows
- Stakeholder demands, such as customers requiring further insights in progress in areas of for example repairability or durability
- Effectiveness of achieving greater circularity in our business model, where targets should be in areas where the metric best represents true circularity impact, as measured by progress towards current or future targets
Report Date: 4Q2024Relevance: 60%