What policies does the company have in place to manage its material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems, in accordance with ESRS 2 MDR-P on policies adopted to manage material sustainability matters?
CSRD
Provide information on the policies your company has in place to manage material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems, in line with the requirements outlined in ESRS 2 MDR-P Policies adopted to manage material sustainability matters. Include the following details:
Policy Overview:
Describe the policies your company has implemented to address and manage impacts, risks, and dependencies related to biodiversity and ecosystems.
Highlight how these policies are integrated into your broader sustainability strategy and operational approach.
Objectives of the Policies:
Outline the specific goals of your biodiversity and ecosystem policies. For example, goals might include reducing environmental impact, protecting biodiversity, maintaining ecosystem services, or aligning with international frameworks and standards (e.g., the Kunming-Montreal Global Biodiversity Framework or the EU Biodiversity Strategy for 2030).
Management and Governance Structure:
Provide details on the governance structure overseeing the implementation of these policies.
Identify the roles and responsibilities of relevant departments or teams (e.g., sustainability, environmental management, operations) in ensuring that these policies are effectively executed.
Integration into Business Practices:
Explain how biodiversity and ecosystem considerations are integrated into your company’s business practices, such as product design, procurement, supply chain management, and resource use.
Monitoring and Reporting:
Describe how the effectiveness of these policies is monitored and reported. This might include using key performance indicators (KPIs) or other metrics to track progress toward biodiversity-related goals.
Specify if there are any external audits or third-party assessments to verify compliance with these policies.
Ensure your disclosure provides a clear and comprehensive description of how your company manages its biodiversity and ecosystem-related sustainability matters through established policies and internal processes.
Also in
E4-2 - Policies related to biodiversity and ecosystems
- How do the company’s biodiversity and ecosystems-related policies address the following: (a) the matters specified in ESRS E4 AR 4, (b) material biodiversity and ecosystems-related impacts, (c) material dependencies, physical and transition risks, and opportunities, (d) traceability of products, components, and raw materials with material impacts on biodiversity and ecosystems along the value chain, (e) production, sourcing, or consumption from ecosystems managed to maintain or enhance biodiversity, as demonstrated by regular monitoring and reporting of biodiversity status, gains, or losses, (f) the social consequences of biodiversity and ecosystems-related impacts?
- Has the company adopted policies related to biodiversity and ecosystems, including: (a) a biodiversity and ecosystem protection policy covering operational sites in or near biodiversity-sensitive areas, (b) sustainable land or agricultural practices or policies, (c) sustainable oceans or seas practices or policies, (d) policies to address deforestation?