How do the company’s targets relate to the following areas: (a) the management of material impacts, risks, and opportunities related to areas at water risk, including improvement of water quality, (b) the responsible management of marine resources, including the nature and quantity of marine resources-related commodities (such as gravels, deep-sea minerals, seafood) used by the company, (c) the reduction of water consumption, and how are these targets connected to areas at water risk, including areas of high water stress?
CSRD
When describing the targets related to water and marine resources, ensure that your disclosure includes how the targets relate to the following areas:
Management of Material Water Impacts, Risks, and Opportunities:
Water Risk and Quality Improvement:
Specify how your targets are designed to manage material impacts, risks, and opportunities related to areas at water risk, including measures to improve water quality.
This could include reducing pollution, improving water treatment processes, or conserving water in water-scarce areas.
Describe any targets set to improve the quality of water resources, such as reducing contaminants or enhancing wastewater treatment practices.
Responsible Management of Marine Resources:
Marine Resource Impacts and Risks:
Explain how your targets address the responsible management of marine resources, including the impacts, risks, and opportunities related to these resources.
This includes tracking and managing the use of marine resources such as:
Gravels
Deep-sea minerals
Seafood or other marine products.
Provide information on how you monitor and control the quantity and sustainability of marine resources used by your company, including sourcing practices, certifications, and any sustainable sourcing commitments.
Reduction of Water Consumption:
Water Consumption Targets:
Describe your targets related to the reduction of water consumption across your operations.
Specify how these targets are aligned with areas at water risk, including areas of high water-stress.
Provide details on how you intend to reduce water use in these high-risk areas, including measures like improving water-use efficiency, implementing water-saving technologies, or sourcing water more sustainably.
Ensure that your disclosure is clear about the connections between your targets and the company’s efforts to manage water-related impacts, reduce consumption, and address marine resource sustainability. This will help stakeholders understand your company's commitment to managing both water scarcity and marine ecosystem health in your operations.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#6126