What is the amount of significant CapEx allocated to coal-related economic activities?
CSRD
1. Definition of Significant Capital Expenditures (CapEx) for Coal-Related Economic Activities
Significant CapEx for coal-related economic activities refers to the capital investments the company makes in activities or assets associated with the coal industry. This includes investments in:
Coal mining and extraction operations (e.g., purchasing new mining equipment, establishing new coal mines).
Coal-based energy generation (e.g., building or maintaining coal-fired power plants, infrastructure for coal transportation).
Coal-related processing facilities (e.g., coal washing or conversion facilities).
2. Disclosure Requirements
Total CapEx for Coal Activities:
Disclose the total amount of capital expenditures (CapEx) the company has made or plans to make in coal-related activities, either as a total sum or as a percentage of overall CapEx.
Provide the specific coal-related activities or projects that the CapEx is directed toward (e.g., new coal-fired power plants, expansion of mining operations).
If relevant, also include CapEx associated with decommissioning or retrofit projects related to coal assets (e.g., investment in cleaner technologies for coal plants).
3. Reporting Considerations
Currency and Accounting Standards:
Specify the currency (e.g., USD, EUR) used for CapEx reporting and ensure the amounts are reported consistently with financial reporting standards (e.g., IFRS, GAAP).
Clarify if these expenditures are for existing projects or new investments in coal activities.
Breakdown of Coal-Related CapEx:
Provide a breakdown of CapEx for coal-related activities by category (e.g., mining, coal power generation, infrastructure maintenance).
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#4797
Also in
E1-1 - Transition plan for climate change mitigation
- How are the company’s targets compatible with limiting global warming to 1.5°C in line with the Paris Agreement? What are the key decarbonization levers and actions, and what significant operational or capital expenditures are needed to implement the action plan?
- What financial resources (OpEx) are allocated to the action plan?
- What financial resources (CapEx) are allocated to the action plan?
- What potential locked-in GHG emissions exist from key assets and products, and how might they jeopardize GHG reduction targets and drive transition risk? Are there any objectives or plans (CapEx, CapEx plans, OpEx) to align economic activities (revenues, CapEx, OpEx) with the criteria established in Commission Delegated Regulation 2021/2139?
- What is the amount of significant CapEx allocated to oil-related economic activities?
- What is the amount of significant CapEx allocated to gas-related economic activities?
- Is the company excluded from EU Paris-aligned Benchmarks? How is the transition plan embedded in and aligned with the overall business strategy and financial planning? Is the transition plan approved by administrative, management, and supervisory bodies, and what progress has been made in its implementation?
- If no transition plan is in place, when will one be adopted?