GN Store Nord
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15a
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- Does the undertaking's policy address transitioning away from the use of virgin resources, and if so, how does it incorporate the relative increase in the use of secondary (recycled) resources?
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Question Id: E5-1_01
Our Environmental Policy, covering GN’s approach to all material environmental topics across our own operations and value chain, includes a section on resource inflows, stating that our commitment to reducing resource inflows by optimizing for efficient resource use in the design of our product and avoiding unnecessary production waste. Where this is technically and operationally feasible, we are committed to introducing recycled or renewable alternatives for materials used in our products. For biological or renewable materials, such as paper and cardboard used in our packaging, we strive to source these materials sustainably to ensure this does not lead to deforestation. The provenance of the materials we use is pivotal to the impact of our value chain, which is why we source materials with credible third-party certifications, such as FSC, ISCC Plus and Global Recycling Standard.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the methods employed to prevent double counting in the context of resource inflows, specifically addressing any overlaps between categories of reused and recycled materials. Additionally, outline the choices made in this process as per Disclosure Requirement E5-6 concerning anticipated financial effects from material resource use and circular economy-related risks and opportunities.
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Question Id: E5-4_08
The share of products and packaging that is recyclable has been estimated by weight using our product lifecycle assessments (LCAs), as these contain verified component-level data, including material composition and measured weight. The LCAs we have available are allocated at the item level across the product portfolio. All LCAs are third-party verified according to ISO 14067. For products currently lacking an LCA, a reference LCA is allocated. Professional judgement is applied in the selection of a reference that will best represent the product or part. An uplift is conducted for items that cannot be represented by an LCA, based on the calculated average recyclable weight per unit volume purchased or produced. For Enterprise, Gaming & Consumer products, one unit packaging per unit product has been assumed.
Report Date: 4Q2024Relevance: 50%