Has the company disclosed its transition plan to improve and align its business model and strategy with the Kunming-Montreal Global Biodiversity Framework, the EU Biodiversity Strategy for 2030, and the planetary boundaries related to biosphere integrity and land system change? If so, please describe the plan and its objectives.
CSRD
If applicable, provide details on your transition plan to improve and align your business model and strategy with key global and regional biodiversity frameworks, including:
Kunming-Montreal Global Biodiversity Framework:
Describe how your company’s transition plan contributes to achieving the goals and targets set in the Kunming-Montreal Global Biodiversity Framework, particularly those related to biodiversity conservation and sustainable use.
Highlight any specific actions or commitments your company has made to support the implementation of this framework.
EU Biodiversity Strategy for 2030:
Specify how your company’s transition plan aligns with the EU Biodiversity Strategy for 2030.
Include any steps taken to contribute to the strategy’s goals, such as protected areas, restoration of ecosystems, or pollinator protection.
Planetary Boundaries – Biosphere Integrity and Land System Change:
Explain how your company’s business model respects planetary boundaries related to biosphere integrity (e.g., maintaining biodiversity levels) and land system change (e.g., deforestation, land degradation).
Discuss any initiatives aimed at reducing negative impacts on these critical ecological boundaries.
Be specific about the actions, timelines, and goals outlined in your transition plan. Ensure that the plan demonstrates a clear and measurable path towards aligning your business model with global biodiversity and sustainability targets.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#1692
Also in
E4-1 - Transition plan and consideration of biodiversity and ecosystems in strategy and business model
- "How resilient is the company's strategy and business model to biodiversity and ecosystem-related physical, transition, and systemic risks? Please include the following information: (a) the assessment of resilience to these risks, (b) the scope of the analysis for the company’s own operations and its upstream and downstream value chain, (c) the key assumptions made, (d) the time horizons used, (e) the results of the resilience analysis, (f) the involvement of stakeholders, including, where appropriate, holders of indigenous and local knowledge."
- If the company has disclosed information related to biodiversity and ecosystems resilience as part of the information required under ESRS 2 SBM-3, can it refer to or incorporate that information here?