Are the targets set by the company related to resource use and circular economy mandatory (required by legislation) or voluntary? Please specify.
CSRD
When describing your targets related to resource use and circular economy, specify whether the targets you have set are mandatory or voluntary. Provide the following information:
Mandatory Targets:
If your targets are required by legislation, specify which laws or regulations mandate these targets (e.g., local, national, or international environmental regulations).
Provide context on any compliance deadlines or legal obligations that these targets are designed to fulfill.
Voluntary Targets:
If the targets are voluntary, explain that they are self-imposed by your company as part of its sustainability strategy.
Provide reasoning behind setting voluntary targets (e.g., corporate responsibility, customer expectations, or sector-leading initiatives).
Ensure that your response clearly distinguishes between mandatory and voluntary targets and provides any relevant context for each type.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#2018
Also in
E5-3 - Targets related to resource use and circular economy
- How does the company track the effectiveness of its policies and actions related to resource use and circular economy through defined targets, in accordance with the requirements set out in ESRS 2 MDR-T?
- How do the company’s targets related to resource inflows and outflows, including waste, products, and materials, address the following areas: (a) increase in circular product design (e.g., durability, dismantling, reparability, recyclability); (b) increase in the rate of circular material use; (c) minimisation of primary raw material use; (d) sustainable sourcing and use of renewable resources (in line with the cascading principle); (e) waste management, including preparation for proper treatment; and (f) other matters related to resource use or circular economy?
- To which layer of the waste hierarchy do the company’s targets related to resource use and circular economy specifically apply?
- When setting targets related to resource use and circular economy, 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?