How does your organization set targets to manage material impacts, risks, and opportunities related to affected communities? In your response, please explain: • How you engage directly with affected communities, their legitimate representatives, or credible proxies during target setting; • How you track performance against these targets; and • How you identify lessons learned or improvements based on your performance.
CSRD
This indicator requires you to disclose:
Target-Setting Process:
Describe the process for setting targets related to managing material impacts, risks, and opportunities for affected communities.
Engagement with Affected Communities:
Explain whether and how your organization engaged directly with:
Affected communities.
Their legitimate representatives (e.g., community leaders, indigenous councils, advocacy groups).
Credible proxies with insight into their situation (e.g., NGOs, human rights organizations, independent auditors).
Key Engagement Stages:
Detail the role of engagement in:
(a) Setting the targets (e.g., ensuring targets align with community needs and rights).
(b) Tracking performance against these targets (e.g., through participatory monitoring, impact assessments, or third-party evaluations).
(c) Identifying lessons and improvements (e.g., adjusting policies, strengthening implementation, incorporating community feedback for continuous improvement).
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#d1e36868-3-1