Are the targets set by the company related to water and marine resources mandatory (required by legislation) or voluntary? Please specify.
CSRD
When disclosing the targets related to water and marine resources, specify whether these targets are mandatory (required by legislation) or voluntary. Provide the following details:
Mandatory Targets:
If the targets are required by legislation, specify which laws, regulations, or standards mandate these targets (e.g., national water use regulations, EU water directives, marine protection laws).
Include relevant legal references and any compliance deadlines or requirements tied to these targets.
Voluntary Targets:
If the targets are voluntary, explain that these have been set by your company as part of its internal sustainability strategy.
Provide context on why these voluntary targets were set, such as meeting corporate social responsibility goals, enhancing environmental performance, or responding to market or consumer expectations.
This disclosure will clarify whether your company’s water and marine resource targets are driven by external legal requirements or by internal goals for sustainability, helping stakeholders understand the level of commitment and accountability behind these targets.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#1547
Also in
E3-3 - Targets related to water and marine resources
- How does the company track the effectiveness of its policies and actions related to water and marine resources through defined targets, in accordance with the requirements set out in ESRS 2 MDR-T?
- 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?
- When setting targets related to water and marine resources, did the company consider ecological thresholds 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?