(a)

in all instances for the requirements in topical standards related to Disclosure Requirement IRO-1 Description of the processes to identify and assess material impacts , risks and opportunities ; and

(b)

for all other requirements listed in appendix C, only if the sustainability topic is material based on the undertaking’s materiality assessment (see ESRS 1 chapter 3 Double materiality as the basis for sustainability disclosures).

(a)

whether the sustainability statement has been prepared on a consolidated or individual basis;

(b)

for consolidated sustainability statements:

(c)

to what extent the sustainability statement covers the undertaking’s upstream and downstream value chain (see ESRS 1 section 5.1 Reporting undertaking and value chain);

(d)

whether the undertaking has used the option to omit a specific piece of information corresponding to intellectual property, know-how or the results of innovation (see ESRS 1 section 7.7 Classified and sensitive information and information on intellectual property, know-how or results of innovation); and

(e)

for undertakings based in an EU member state that allows for the exemption from disclosure of impending developments or matters in the course of negotiation, as provided for in articles 19a(3) and 29a(3) of Directive 2013/34/EU, whether the undertaking has used that exemption.

(a)

its definitions of medium- or long-term time horizons; and

(b)

the reasons for applying those definitions.

(a)

identify the metrics;

(b)

describe the basis for preparation;

(c)

describe the resulting level of accuracy; and

(d)

where applicable, describe the planned actions to improve the accuracy in the future (see ESRS 1 chapter 5 Value chain).

(a)

identify the quantitative metrics and monetary amounts it has disclosed that are subject to a high level of measurement uncertainty;

(b)

in relation to each quantitative metric and monetary amount identified:

(a)

explain the changes and the reasons for them, including why the replaced metric provides more useful information;

(b)

disclose revised comparative figures, unless it is impracticable to do so. When it is impracticable to adjust comparative information for one or more prior periods, the undertaking shall disclose that fact; and

(c)

disclose the difference between the figure disclosed in the preceding period and the revised comparative figure.

(a)

the nature of the prior period material error;

(b)

to the extent practicable, the correction for each prior period included in the sustainability statement; and

(c)

if correction of the error is not practicable, the circumstances that led to the existence of that condition.

(a)

disclose the list of matters (i.e. topic, sub-topic or sub-sub-topic) in AR 16 ESRS 1 Appendix A that are assessed to be material and briefly describe how the undertaking’s business model and strategy take account of the impacts of the undertaking related to those matters. The undertaking may identify the matter at the level of topic, sub-topic or sub-sub-topic;

(b)

briefly describe any time-bound targets it has set related to the matters in question, the progress it has made towards achieving those targets, and whether its targets related to biodiversity and ecosystems are based on conclusive scientific evidence;

(c)

briefly describe its policies in relation to the matters in question;

(d)

briefly describe actions it has taken to identify, monitor, prevent, mitigate, remediate or bring an end to actual or potential adverse impacts related to the matters in question, and the result of such actions; and

(e)

disclose metrics relevant to the matters in question.

(a)

the composition and diversity of the administrative, management and supervisory bodies ;

(b)

the roles and responsibilities of the administrative, management and supervisory bodies in exercising oversight of the process to manage material impacts, risks and opportunities , including management’s role in these processes; and

(c)

the expertise and skills of its administrative, management and supervisory bodies on sustainability matters or access to such expertise and skills.

(a)

the number of executive and non-executive members;

(b)

representation of employees and other workers;

(c)

experience relevant to the sectors, products and geographic locations of the undertaking;

(d)

percentage by gender and other aspects of diversity that the undertaking considers. The board’s gender diversity (13) shall be calculated as an average ratio of female to male board members; and

(e)

the percentage of independent board members  (14). For undertakings with a unitary board, this corresponds to the percentage of independent non-executive board members. For undertakings with a dual board, it corresponds to the percentage of independent members of the supervisory body.

(a)

the identity of the administrative, management and supervisory bodies (such as a board committee or similar) or individual(s) within a body responsible for oversight of impacts, risks and opportunities ;

(b)

how each body’s or individual’s responsibilities for impacts, risks and opportunities are reflected in the undertaking’s terms of reference, board mandates and other related policies ;

(c)

a description of management’s role in the governance processes, controls and procedures used to monitor, manage and oversee impacts, risks and opportunities, including:

(d)

how the administrative, management and supervisory bodies and senior executive management oversee the setting of targets related to material impacts, risks and opportunities, and how they monitor progress towards them.

(a)

the sustainability-related expertise that the bodies, as a whole, either directly possess or can leverage, for example through access to experts or training; and

(b)

how those skills and expertise relate to the undertaking’s material impacts, risks and opportunities.

(a)

whether, by whom and how frequently the administrative, management and supervisory bodies , including their relevant committees, are informed about material impacts, risks and opportunities (see Disclosure Requirement IRO–1 – Description of the processes to identify and assess material impacts, risks and opportunities of this Standard), the implementation of due diligence, and the results and effectiveness of policies, actions, metrics and targets adopted to address them;

(b)

how the administrative, management and supervisory bodies consider impacts, risks and opportunities when overseeing the undertaking’s strategy, its decisions on major transactions, and its risk management process, including whether they have considered trade-offs associated with those impacts, risks and opportunities; and

(c)

a list of the material impacts, risks and opportunities addressed by the administrative, management and supervisory bodies, or their relevant committees during the reporting period.

(a)

a description of the key characteristics of the incentive schemes;

(b)

whether performance is being assessed against specific sustainability-related targets and/or impacts, and if so, which ones;

(c)

whether and how sustainability-related performance metrics are considered as performance benchmarks or included in remuneration policies;

(d)

the proportion of variable remuneration dependent on sustainability-related targets and/or impacts; and

(e)

the level in the undertaking at which the terms of incentive schemes are approved and updated.

(a)

the scope, main features and components of the risk management and internal control processes and systems in relation to sustainability reporting;

(b)

the risk assessment approach followed, including the risk prioritisation methodology;

(c)

the main risks identified and their mitigation strategies including related controls;

(d)

a description of how the undertaking integrates the findings of its risk assessment and internal controls as regards the sustainability reporting process into relevant internal functions and processes; and

(e)

a description of the periodic reporting of the findings referred to in point (d) to the administrative, management and supervisory bodies .

(a)

the elements of the undertaking’s strategy that relate to or affect sustainability matters , its business model and its value chain ;

(b)

how the interests and views of the undertaking’s stakeholders are taken into account by the undertaking’s strategy and business model; and

(c)

the outcome of the undertaking’s assessment of material impacts, risks and opportunities , including how they inform its strategy and business model.

(a)

a description of:

(b)

a breakdown of total revenue, as included in its financial statements, by significant ESRS sectors. When the undertaking provides segment reporting as required by IFRS 8 Operating segments in its financial statements, this sector revenue information shall be, as far as possible, reconciled with IFRS 8 information;

(c)

a list of the additional significant ESRS sectors beyond the ones reflected under paragraph 40(b), such as activities that give rise to intercompany revenues, in which the undertaking develops significant activities, or in which it is or may be connected to material impacts. The identification of these additional ESRS sectors shall be consistent with the way they have been considered by the undertaking when performing its materiality assessment and with the way it discloses material sector-specific information;

(d)

where applicable, a statement indicating, together with the related revenues, that the undertaking is active in:

(e)

its sustainability-related goals in terms of significant groups of products and services, customer categories, geographical areas and relationships with stakeholders ;

(f)

an assessment of its current significant products and/or services, and significant markets and customer groups, in relation to its sustainability-related goals; and

(g)

the elements of the undertaking’s strategy that relate to or impact sustainability matters, including the main challenges ahead, critical solutions or projects to be put in place, when relevant for sustainability reporting.

(a)

its inputs and its approach to gathering, developing and securing those inputs;

(b)

its outputs and outcomes in terms of current and expected benefits for customers, investors and other stakeholders ; and

(c)

the main features of its upstream and downstream value chain and the undertaking’s position in its value chain, including a description of the main business actors (such as key suppliers , customers, distribution channels and end-users ) and their relationship to the undertaking. When the undertaking has multiple value chains, the disclosure shall cover the key value chains.

(a)

its stakeholder engagement, including:

(b)

the undertaking’s understanding of the interests and views of its key stakeholders as they relate to the undertaking’s strategy and business model, to the extent that these were analysed during the undertaking’s due diligence process and/or materiality assessment process (see Disclosure Requirement IRO-1 of this Standard);

(c)

where applicable, amendments to its strategy and/or business model, including:

(d)

whether and how the administrative, management and supervisory bodies are informed about the views and interests of affected stakeholders with regard to the undertaking’s sustainability-related impacts.

(a)

a brief description of its material impacts, risks and opportunities resulting from its materiality assessment (see Disclosure Requirement IRO-1 of this standard), including a description of where in its business model , its own operations and its upstream and downstream value chain these material impacts, risks and opportunities are concentrated;

(b)

the current and anticipated effects of its material impacts, risks and opportunities on its business model, value chain, strategy and decision-making, and how it has responded or plans to respond to these effects, including any changes it has made or plans to make to its strategy or business model as part of its actions to address particular material impacts or risks, or to pursue particular material opportunities;

(c)

with reference to the undertaking’s material impacts :

(d)

the current financial effects of the undertaking’s material risks and opportunities on its financial position, financial performance and cash flows and the material risks and opportunities for which there is a significant risk of a material adjustment within the next annual reporting period to the carrying amounts of assets and liabilities reported in the related financial statements;

(e)

the anticipated financial effects of the undertaking’s material risks and opportunities on its financial position, financial performance and cash flows over the short-, medium- and long-term, including the reasonably expected time horizons for those effects. This shall include how the undertaking expects its financial position, financial performance and cash flows to change over the short, medium- and long-term, given its strategy to manage risks and opportunities, taking into consideration:

(f)

information about the resilience of the undertaking’s strategy and business model regarding its capacity to address its material impacts and risks and to take advantage of its material opportunities. The undertaking shall disclose a qualitative and, when applicable, a quantitative analysis of the resilience, including how the analysis was conducted and the time horizons that were applied as defined in ESRS 1 (see ESRS 1 chapter 6 Time horizons). When providing quantitative information, the undertaking may disclose single amounts or ranges;

(g)

changes to the material impacts, risks and opportunities compared to the previous reporting period; and

(h)

a specification of those impacts, risks and opportunities that are covered by ESRS Disclosure Requirements as opposed to those covered by the undertaking using additional entity-specific disclosures.

(a)

the process to identify material impacts, risks and opportunities ; and

(b)

the information that, as a result of its materiality assessment, the undertaking has included in its sustainability statement .

(a)

a description of the methodologies and assumptions applied in the described process;

(b)

an overview of the process to identify, assess, prioritise and monitor the undertaking’s potential and actual impacts on people and the environment, informed by the undertaking’s due diligence process, including an explanation of whether and how the process:

(c)

an overview of the process used to identify, assess, prioritise and monitor risks and opportunities that have or may have financial effects . The disclosure shall include:

(d)

a description of the decision-making process and the related internal control procedures;

(e)

the extent to which and how the process to identify, assess and manage impacts and risks is integrated into the undertaking’s overall risk management process and used to evaluate the undertaking’s overall risk profile and risk management processes;

(f)

the extent to which and how the process to identify, assess and manage opportunities is integrated into the undertaking’s overall management process where applicable;

(g)

the input parameters it uses (for example, data sources, the scope of operations covered and the detail used in assumptions); and

(h)

whether and how the process has changed compared to the prior reporting period, when the process was modified for the last time and future revision dates of the materiality assessment.

(a)

a description of the key contents of the policy , including its general objectives and which material impacts, risks or opportunities the policy relates to and the process for monitoring;

(b)

a description of the scope of the policy, or of its exclusions, in terms of activities, upstream and/or downstream value chain , geographies and if relevant, affected stakeholder groups;

(c)

the most senior level in the undertaking’s organisation that is accountable for the implementation of the policy;

(d)

a reference, if relevant, to the third-party standards or initiatives the undertaking commits to respect through the implementation of the policy;

(e)

if relevant, a description of the consideration given to the interests of key stakeholders in setting the policy; and

(f)

if relevant, whether and how the undertaking makes the policy available to potentially affected stakeholders, and stakeholders who need to help implement it.

(a)

the list of key actions taken in the reporting year and planned for the future, their expected outcomes and, where relevant, how their implementation contributes to the achievement of policy objectives and targets ;

(b)

the scope of the key actions (i.e., coverage in terms of activities, upstream and/or downstream value chain, geographies and, where applicable, affected stakeholder groups);

(c)

the time horizons under which the undertaking intends to complete each key action;

(d)

if applicable, key actions taken (along with results) to provide for and cooperate in or support the provision of remedy for those harmed by actual material impacts;

(e)

if applicable, quantitative and qualitative information regarding the progress of actions or action plans disclosed in prior periods.

(a)

describe the type of current and future financial and other resources allocated to the action plan, including if applicable, the relevant terms of sustainable finance instruments, such as green bonds, social bonds and green loans, the environmental or social objectives, and whether the ability to implement the actions or action plan depends on specific preconditions, e.g., granting of financial support or public policy and market developments;

(b)

provide the amount of current financial resources and explain how they relate to the most relevant amounts presented in the financial statements; and

(c)

provide the amount of future financial resources.

(a)

disclose the methodologies and significant assumptions behind the metric, including the limitations of the methodologies used;

(b)

disclose whether the measurement of the metric is validated by an external body other than the assurance provider and, if so, which body;

(c)

label and define the metric using meaningful, clear and precise names and descriptions;

(d)

when currency is specified as the unit of measure, use the presentation currency of its financial statements.

(a)

whether and how the undertaking tracks the effectiveness of its actions to address material impacts, risks and opportunities , including the metrics it uses to do so;

(b)

measurable time-bound outcome-oriented targets set by the undertaking to meet the policy ’s objectives, defined in terms of expected results for people, the environment or the undertaking regarding material impacts, risks and opportunities;

(c)

the overall progress towards the adopted targets over time;

(d)

in the case that the undertaking has not set measurable time-bound outcome-oriented targets, whether and how it nevertheless tracks the effectiveness of its actions to address material impacts, risks and opportunities and measures the progress in achieving its policy objectives; and

(e)

whether and how stakeholders have been involved in target setting for each material sustainability matter.

(a)

a description of the relationship of the target to the policy objectives;

(b)

the defined target level to be achieved, including, where applicable, whether the target is absolute or relative and in which unit it is measured;

(c)

the scope of the target, including the undertaking’s activities and/or its upstream and/or downstream value chain where applicable and geographical boundaries;

(d)

the baseline value and base year from which progress is measured;

(e)

the period to which the target applies and if applicable, any milestones or interim targets;

(f)

the methodologies and significant assumptions used to define targets, including where applicable, the selected scenario , data sources, alignment with national, EU or international policy goals and how the targets consider the wider context of sustainable development and/or local situation in which impacts take place;

(g)

whether the undertaking’s targets related to environmental matters are based on conclusive scientific evidence;

(h)

whether and how stakeholders have been involved in target setting for each material sustainability matter;

(i)

any changes in targets and corresponding metrics or underlying measurement methodologies, significant assumptions, limitations, sources and processes to collect data adopted within the defined time horizon. This includes an explanation of the rationale for those changes and their effect on comparability (see Disclosure Requirement BP-2 Disclosures in relation to specific circumstances of this Standard); and

(j)

the performance against its disclosed targets, including information on how the target is monitored and reviewed and the metrics used, whether the progress is in line with what had been initially planned, and an analysis of trends or significant changes in the performance of the undertaking towards achieving the target.

(a)

it may disclose whether such targets will be set and the timeframe for setting them, or the reasons why the undertaking does not plan to set such targets;

(b)

it shall disclose whether it nevertheless tracks the effectiveness of its policies and actions in relation to the material sustainability-related impact, risk and opportunity , and if so: