What resources does your organization allocate to manage its material impacts, and how do these allocations contribute to effective impact management?
CSRD
This indicator requires you to disclose:
Resource Allocation:
Specify the resources allocated to managing material impacts on value chain workers, including:
Financial resources (e.g., investments in ethical sourcing, supplier audits, worker training programs).
Human resources (e.g., dedicated teams, sustainability officers, compliance personnel).
Technological resources (e.g., monitoring systems, data analytics for supply chain transparency).
Understanding of Impact Management:
Provide information that enables users to understand how these resources contribute to the management of material impacts, ensuring clarity on their use and effectiveness.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#d1e33534-3-1
Also in
S2-4 - Taking action on material impacts on value chain workers,and approaches to managing material risks and pursuing material opportunities related to value chain workers, and effectiveness of those actions
- How does your organization address material impacts on value chain workers? Please describe: The actions taken, planned, or underway to prevent or mitigate material negative impacts; Any measures implemented to provide or enable remedy for actual material impacts; Additional initiatives aimed at delivering positive impacts; and How you track and assess the effectiveness of these actions and initiatives.
- How does your organization determine and implement appropriate actions for actual or potential negative impacts on value chain workers? Please explain your process for identifying necessary actions, your approach to responding (e.g., changes in purchasing practices, capacity-building, stakeholder engagement, or collaborative initiatives), and how you ensure that remedy processes are both available and effective.
- How does your organization address material risks and opportunities related to value chain workers? In your response, please describe the actions planned or underway to mitigate material risks (including how you track their effectiveness) and the actions planned or underway to pursue material opportunities.
- How does your organization take action to avoid causing or contributing to material negative impacts on value chain workers through its own practices, particularly in procurement, sales, and data use? Additionally, how do you manage tensions between preventing or mitigating these negative impacts and other business pressures?
- Have any severe human rights issues or incidents connected to your upstream and downstream value chain been reported? If yes, please disclose the details of these incidents.
- If you evaluate the effectiveness of your positive-impact actions for value chain workers by setting targets, how do you track and assess progress against these targets in accordance with ESRS 2 MDR-T requirements?