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ESRS disclosure: ESRS ESRS 2 \ DR SBM-3 \ Paragraph 48 c i
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- Provide a detailed account of how your company's significant negative and positive impacts influence, or are expected to influence, individuals or the environment, in accordance with Disclosure Requirement SBM-3 concerning material impacts, risks, and opportunities and their interaction with your strategy and business model.
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Question Id: SBM-3_04
We have identified three actual, negative impacts related to climate. Even though we have also identified climate-related risks in accordance with the recommendations of the Taskforce for Climate-Related Financial Disclosures (TCFD), across other topics and integrated with non-ESG risks to the business, these were not assessed to be material in accordance with the threshold applied in our double materiality assessment (see pages 49-51). We have identified one actual, negative impact for our own operations (Scopes 1 and 2) and one specific to our value chain (Scope 3), related to the negative effects on climate change as a consequence of carbon emissions caused by every aspect of our core activity and value chain activities we depend on. We have identified one further actual, negative impact for our own operations and value chain, related to the consumption of fossil fuel energy. We respond to these impacts through our climate transition plan, which is integrated into our wider strategy. See pages 67-71 for further detail on the management of these impacts.
Report Date: 4Q2024Relevance: 80%