What are the anticipated financial effects related to biodiversity and ecosystem risks and opportunities? Please include: (a) a quantification of these financial effects in qualitative information if quantification is not feasible without undue cost or effort; (b) a description of the effects considered, the impacts and dependencies they relate to, and the time horizons in which they are likely to materialise; (c) the critical assumptions used to quantify these financial effects, including the sources of these assumptions and the level of uncertainty associated with them?
CSRD
When disclosing the anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, ensure you include the following information:
Quantification of Financial Effects:
If quantification is not feasible without undue cost or effort, provide qualitative information instead.
Description of Effects:
Provide a description of the effects considered in your analysis, including:
The impacts and dependencies related to biodiversity and ecosystems that the financial effects arise from.
The time horizons in which the financial effects are likely to materialize (e.g., short-term, medium-term, or long-term effects).
Clarify whether the effects are expected to result in costs, savings, opportunities for revenue growth, or other financial implications.
Critical Assumptions and Uncertainty:
Critical Assumptions: Disclose the critical assumptions used in quantifying the anticipated financial effects. These could include assumptions related to regulatory changes, ecosystem health, species recovery, or the implementation of biodiversity-related policies.
Sources and Uncertainty: Indicate the sources of the assumptions (e.g., scientific studies, industry reports, expert consultations) and the level of uncertainty associated with them. This transparency helps stakeholders understand the potential risks and variations in the financial outcomes.
Ensure that the disclosure provides a clear, comprehensive, and transparent view of the financial implications of biodiversity and ecosystem-related risks and opportunities.
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