Are the targets set by the company related to pollution mandatory (required by legislation) or voluntary? Please specify.
CSRD
When disclosing pollution-related targets, you must specify whether the targets you have set are mandatory (required by legislation) or voluntary. Here's how to structure this disclosure:
1. Mandatory Targets:
If the targets are required by legislation, clearly indicate this and provide details about the relevant laws, regulations, or standards that mandate the targets.
This could include:
Environmental regulations (e.g., emissions limits, waste management standards).
National or international agreements (e.g., the EU Emissions Trading System, Paris Agreement).
Industry-specific regulations or guidelines.
Provide specific references to the relevant legislative framework and explain the timeframe and compliance requirements.
2. Voluntary Targets:
If the targets are voluntary, explain that these targets were set by your company as part of its internal sustainability strategy.
Provide context for why these voluntary targets were set, such as:
Aiming to achieve best practices beyond regulatory compliance.
Responding to stakeholder expectations (e.g., customers, investors, communities).
Aligning with global frameworks such as the UN Sustainable Development Goals or internal goals to enhance the company’s environmental performance.
Specify how these voluntary targets are tied to your company's corporate social responsibility or sustainability initiatives.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#1374
Also in
E2-3 - Targets related to pollution
- 4o mini
- How do the company’s targets relate to the prevention and control of the following types of pollution: (a) air pollutants and their respective specific loads, (b) emissions to water and their respective specific loads, (c) pollution to soil and its respective specific loads, (d) substances of concern and substances of very high concern?
- When setting pollution-related targets, did the company consider ecological thresholds (e.g., biosphere integrity, stratospheric ozone depletion, atmospheric aerosol loading, soil depletion, ocean acidification) and entity-specific allocations? If so, please specify: (a) the ecological thresholds identified and the methodology used to determine them, (b) whether the thresholds are entity-specific and, if so, how they were determined, (c) how responsibility for respecting the identified ecological thresholds is allocated within the company?