forked from intuitem/ciso-assistant-community
-
Notifications
You must be signed in to change notification settings - Fork 0
/
Copy pathesrs-p1.yaml
5586 lines (5582 loc) · 288 KB
/
esrs-p1.yaml
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
557
558
559
560
561
562
563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
578
579
580
581
582
583
584
585
586
587
588
589
590
591
592
593
594
595
596
597
598
599
600
601
602
603
604
605
606
607
608
609
610
611
612
613
614
615
616
617
618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
653
654
655
656
657
658
659
660
661
662
663
664
665
666
667
668
669
670
671
672
673
674
675
676
677
678
679
680
681
682
683
684
685
686
687
688
689
690
691
692
693
694
695
696
697
698
699
700
701
702
703
704
705
706
707
708
709
710
711
712
713
714
715
716
717
718
719
720
721
722
723
724
725
726
727
728
729
730
731
732
733
734
735
736
737
738
739
740
741
742
743
744
745
746
747
748
749
750
751
752
753
754
755
756
757
758
759
760
761
762
763
764
765
766
767
768
769
770
771
772
773
774
775
776
777
778
779
780
781
782
783
784
785
786
787
788
789
790
791
792
793
794
795
796
797
798
799
800
801
802
803
804
805
806
807
808
809
810
811
812
813
814
815
816
817
818
819
820
821
822
823
824
825
826
827
828
829
830
831
832
833
834
835
836
837
838
839
840
841
842
843
844
845
846
847
848
849
850
851
852
853
854
855
856
857
858
859
860
861
862
863
864
865
866
867
868
869
870
871
872
873
874
875
876
877
878
879
880
881
882
883
884
885
886
887
888
889
890
891
892
893
894
895
896
897
898
899
900
901
902
903
904
905
906
907
908
909
910
911
912
913
914
915
916
917
918
919
920
921
922
923
924
925
926
927
928
929
930
931
932
933
934
935
936
937
938
939
940
941
942
943
944
945
946
947
948
949
950
951
952
953
954
955
956
957
958
959
960
961
962
963
964
965
966
967
968
969
970
971
972
973
974
975
976
977
978
979
980
981
982
983
984
985
986
987
988
989
990
991
992
993
994
995
996
997
998
999
1000
urn: urn:intuitem:risk:library:esrs_p1
locale: en
ref_id: ESRS 1/ESRS 2
name: European sustainability reporting standards (ESRS 1/ESRS 2)
description: 'The Commission adopted today the European Sustainability Reporting Standards
(ESRS) for use by all companies subject to the Corporate Sustainability Reporting
Directive (CSRD).
ESRS 1:General requirements / ESRS 2: General disclosures
Current consolidated version: 22/12/2023
https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02023R2772-20231222'
copyright: EUROPEAN COMMISSION
version: 1
provider: EUROPEAN COMMISSION
packager: intuitem
objects:
framework:
urn: urn:intuitem:risk:framework:esrs_p1
ref_id: ESRS 1/ESRS 2
name: European sustainability reporting standards (ESRS 1/ESRS 2)
description: "The Commission adopted today the European Sustainability Reporting\
\ Standards (ESRS) for use by all companies subject to the Corporate Sustainability\
\ Reporting Directive (CSRD).\nESRS 1:General requirements / ESRS 2: General\
\ disclosures \nCurrent consolidated version: 22/12/2023\nhttps://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02023R2772-20231222"
requirement_nodes:
- urn: urn:intuitem:risk:req_node:esrs_p1:esrs-1
assessable: false
depth: 1
ref_id: ESRS 1
description: 'GENERAL REQUIREMENTS '
- urn: urn:intuitem:risk:req_node:esrs_p1:node3
assessable: false
depth: 2
parent_urn: urn:intuitem:risk:req_node:esrs_p1:esrs-1
name: 'Objective '
- urn: urn:intuitem:risk:req_node:esrs_p1:node4
assessable: false
depth: 2
parent_urn: urn:intuitem:risk:req_node:esrs_p1:esrs-1
description: The objective of European Sustainability Reporting Standards (ESRS)
is to specify the sustainability information that an undertaking shall disclose
in accordance with Directive 2013/34/EU of the European Parliament and of
the Council ( 1 ), as amended by Directive (EU) 2022/2464 of the European
Parliament and of the Council. ( 2 ) Reporting in accordance with ESRS does
not exempt undertakings from other obligations laid down in Union law
- urn: urn:intuitem:risk:req_node:esrs_p1:node5
assessable: false
depth: 2
parent_urn: urn:intuitem:risk:req_node:esrs_p1:esrs-1
description: "Specifically, ESRS specify the information that an undertaking\
\ shall disclose about its material impacts, risks and opportunities in relation\
\ to environmental, social, and governance sustainability matters. ESRS do\
\ not require undertakings to disclose any information on environmental, social\
\ and governance topics covered by ESRS when the undertaking has assessed\
\ the topic in question as non-material (See Appendix E of this Standard \u2018\
Flowchart for determining disclosures to be included\u2019).The information\
\ disclosed in accordance with ESRS enables users of the sustainability statement\
\ to understand the undertaking\u2019s material impacts on people and environment\
\ and the material effects of sustainability matters on the undertaking\u2019\
s development, performance and position. "
- urn: urn:intuitem:risk:req_node:esrs_p1:node6
assessable: false
depth: 2
parent_urn: urn:intuitem:risk:req_node:esrs_p1:esrs-1
description: 'The objective of this Standard (ESRS 1) is to provide an understanding
of the architecture of ESRS, the drafting conventions and fundamental concepts
used, and the general requirements for preparing and presenting sustainability
information in accordance with Directive 2013/34/EU, as amended by Directive
(EU) 2022/2464. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1
assessable: false
depth: 3
parent_urn: urn:intuitem:risk:req_node:esrs_p1:node6
ref_id: '1'
name: 'Categories of ESRS Standards, reporting areas and drafting conventions '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1
ref_id: '1.1'
name: 'Categories of ESRS standards '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.4
description: 'There are three categories of ESRS:'
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4.a
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4
ref_id: 1.1.4.a
description: cross-cutting standards;
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4.b
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4
ref_id: 1.1.4.b
description: topical standards (Environmental, Social and Governance standards);
and
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4.c
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4
ref_id: 1.1.4.c
description: sector-specific standards.
- urn: urn:intuitem:risk:req_node:esrs_p1:node13
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1.4
description: Cross-cutting standards and topical standards are sector-agnostic,
meaning that they apply to all undertakings regardless of which sector or
sectors the undertaking operates in.
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.5
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.5
description: 'The cross-cutting standards ESRS 1 General requirements and ESRS
2 General disclosures apply to the sustainability matters covered by topical
standards and sector-specific standards. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.6
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.6
description: 'This standard (ESRS 1) describes the architecture of ESRS standards,
explains drafting conventions and fundamental concepts, and sets out general
requirements for preparing and presenting sustainability-related information. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.7
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.7
description: 'ESRS 2 establishes Disclosure Requirements on the information
that the undertaking shall provide at a general level across all material
sustainability matters on the reporting areas governance, strategy, impact,
risk and opportunity management, and metrics and targets. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.8
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.8
description: "Topical ESRS cover a sustainability topic and are structured into\
\ topics and sub-topics, and where necessary sub-sub-topics. The table in\
\ Application Requirement 16 (AR 16) to this standard provides an overview\
\ of the sustainability topics, sub-topics and sub-sub-topics (collectively\
\ \u2018sustainability matters\u2019) covered by topical ESRS. "
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.9
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.9
description: 'Topical ESRS can include specific requirements that complement
the general level Disclosure Requirements of ESRS 2. ESRS 2 Appendix C Disclosure/Application
Requirements in topical ESRS that are applicable jointly with ESRS 2 General
Disclosures provides a list of the additional requirements in topical ESRS
that the undertaking shall apply in conjunction with the general level disclosure
requirements of ESRS 2. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.10
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.10
description: 'Sector-specific standards are applicable to all undertakings within
a sector. They address impacts, risks and opportunities that are likely to
be material for all undertakings in a specific sector and that are not covered,
or not sufficiently covered, by topical standards. Sector-specific standards
are multi-topical and cover the topics that are most relevant to the sector
in question. Sector-specific standards achieve a high degree of comparability. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.1.11
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.1
ref_id: 1.1.11
description: "In addition to the disclosure requirements laid down in the three\
\ categories of ESRS, when an undertaking concludes that an impact, risk or\
\ opportunity is not covered or not covered with sufficient granularity by\
\ an ESRS but is material due to its specific facts and circumstances, it\
\ shall provide additional entity-specific disclosures to enable users to\
\ understand the undertaking\u2019s sustainability-related impacts, risks\
\ or opportunities. Application requirements AR 1 to AR 5 provide further\
\ guidance regarding entity-specific disclosures. "
- urn: urn:intuitem:risk:req_node:esrs_p1:1.2
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1
ref_id: '1.2'
name: 'Reporting areas and minimum content disclosure requirements on policies,
actions, targets and metrics '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.2.12
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.2
ref_id: 1.2.12
description: "The Disclosure Requirements in ESRS 2, in topical ESRS and in\
\ sector- specific ESRS are structured into the following reporting areas:\
\ \n(a)\tGovernance (GOV): the governance processes, controls and procedures\
\ used to monitor, manage and oversee impacts, risks and opportunities (see\
\ ESRS 2, chapter 2 Governance); \n(b)\tStrategy (SBM): how the undertaking\u2019\
s strategy and business model interact with its material impacts, risks and\
\ opportunities, including how the undertaking addresses those impacts, risks\
\ and opportunities (see ESRS 2, chapter 3 Strategy); \n(c)\tImpact, risk\
\ and opportunity management (IRO): the process(es) by which the undertaking:\
\ \ni.\tidentifies impacts, risks and opportunities and assesses their materiality\
\ (see IRO-1 in section 4.1 of ESRS 2), \nii.\tmanages material sustainability\
\ matters through policies and actions (see section 4.2 of ESRS 2). \n(d)\
\ Metrics and targets (MT): the undertaking\u2019s performance, including\
\ targets it has set and progress towards meeting them (see ESRS 2, chapter\
\ 5 Metrics and targets)."
- urn: urn:intuitem:risk:req_node:esrs_p1:1.2.13
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.2
ref_id: 1.2.13
description: "ESRS 2 includes: \n(a)\tin section 4.2 Minimum Disclosure Requirements\
\ regarding policies (MDR-P) and actions (MDR-A); \n(b)\tin section 5 Minimum\
\ Disclosure Requirements regarding metrics (MDR-M) and targets (MDR-T). "
- urn: urn:intuitem:risk:req_node:esrs_p1:node24
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.2
description: 'The undertaking shall apply the minimum disclosure requirements
regarding policies, actions, metrics and targets together with the corresponding
Disclosure Requirements in topical and sector-specific ESRS. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1
ref_id: '1.3'
name: 'Drafting conventions '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3.14
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3
ref_id: 1.3.14
description: 'In all ESRS: '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3.14.a
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3.14
ref_id: 1.3.14.a
description: "the term \u2018impacts\u2019 refers to positive and negative sustainability-related\
\ impacts that are connected with the undertaking\u2019s business, as identified\
\ through an impact materiality assessment (see section 3.4 Impact materiality).\
\ It refers both to actual impacts and to potential future impacts. "
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3.14.b
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3.14
ref_id: 1.3.14.b
description: "The term \u2018risks and opportunities\u2019 refers to the undertaking\u2019\
s sustainability-related financial risks and opportunities, including those\
\ deriving from dependencies on natural, human and social resources, as identified\
\ through a financial materiality assessment (see section 3.5). "
- urn: urn:intuitem:risk:req_node:esrs_p1:node29
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3
description: "Collectively, these are referred to as \u2018impacts, risks and\
\ opportunities\u2019 (IROs). They reflect the double materiality perspective\
\ of ESRS described in section 3. "
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3.15
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3
ref_id: 1.3.15
description: 'Throughout ESRS, the terms that are defined in the glossary of
definitions (Annex II) are put in bold italic, except when a defined term
is used more than once in the same paragraph. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3.16
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3
ref_id: 1.3.16
description: "ESRS structure the information to be disclosed under Disclosure\
\ Requirements. Each Disclosure Requirement consists of one or more distinct\
\ datapoints. The term \u2018datapoint\u2019 can also refer to a narrative\
\ sub-element of a Disclosure Requirement. "
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3.17
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3
ref_id: 1.3.17
description: 'In addition to Disclosure Requirements most ESRS also contain
Application Requirements. Application Requirements support the application
of Disclosure Requirements and have the same authority as other parts of an
ESRS. '
- urn: urn:intuitem:risk:req_node:esrs_p1:1.3.18
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:1.3
ref_id: 1.3.18
description: "ESRS use the following terms to distinguish between different\
\ degrees of obligation on the undertaking to disclose information: \n(a)\t\
\u2018shall disclose\u2019 \u2013 indicates that the provision is prescribed\
\ by a Disclosure Requirement or datapoint; \n(b)\t\u2018may disclose\u2019\
\ \u2013 indicates voluntary disclosure to encourage good practice. In addition,\
\ ESRS use the term \u2018shall consider\u2019 when referring to issues, resources\
\ or methodologies that the undertaking is expected to take into account or\
\ to use in the preparation of a given disclosure if applicable. "
- urn: urn:intuitem:risk:req_node:esrs_p1:2
assessable: false
depth: 3
parent_urn: urn:intuitem:risk:req_node:esrs_p1:node6
ref_id: '2'
name: 'Qualitative characteristics of information '
- urn: urn:intuitem:risk:req_node:esrs_p1:2.19
assessable: true
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:2
ref_id: '2.19'
description: 'When preparing its sustainability statement, the undertaking shall
apply: '
- urn: urn:intuitem:risk:req_node:esrs_p1:2.19.a
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:2.19
ref_id: 2.19.a
description: the fundamental qualitative characteristics of information, i.e.
relevance and faithful representation; and
- urn: urn:intuitem:risk:req_node:esrs_p1:2.19.b
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:2.19
ref_id: 2.19.b
description: 'the enhancing qualitative characteristics of information, i.e.
comparability, verifiability and understandability. '
- urn: urn:intuitem:risk:req_node:esrs_p1:2.20
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:2
ref_id: '2.20'
description: 'These qualitative characteristics of information are defined and
described in Appendix B of this Standard. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3
assessable: false
depth: 3
parent_urn: urn:intuitem:risk:req_node:esrs_p1:node6
ref_id: '3'
name: 'Double materiality as the basis for sustainability disclosures '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.21
assessable: true
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.21'
description: The undertaking shall report on sustainability matters based on
the double materiality principle as defined and explained in this chapter
- urn: urn:intuitem:risk:req_node:esrs_p1:3.1
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.1'
name: 'Stakeholders and their relevance to the materiality assessment process '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.1.22
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.1
ref_id: 3.1.22
description: "Stakeholders and their relevance to the materiality assessment\
\ process : \n(a)\taffected stakeholders: individuals or groups whose interests\
\ are affected or could be affected \u2013 positively or negatively \u2013\
\ by the undertaking\u2019s activities and its direct and indirect business\
\ relationships across its value chain; and \n(b)\tusers of sustainability\
\ statements: primary users of general-purpose financial reporting (existing\
\ and potential investors, lenders and other creditors, including asset managers,\
\ credit institutions, insurance undertakings), and other users of sustainability\
\ statements, including the undertaking\u2019s business partners, trade unions\
\ and social partners, civil society and non-governmental organisations, governments,\
\ analysts and academics. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.1.23
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.1
ref_id: 3.1.23
description: 'Some, but not all, stakeholders may belong to both groups referred
to in paragraph 22. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.1.24
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.1
ref_id: 3.1.24
description: "Engagement with affected stakeholders is central to the undertaking\u2019\
s on- going due diligence process (see chapter 4 Due diligence) and sustainability\
\ materiality assessment. This includes its processes to identify and assess\
\ actual and potential negative impacts, which then inform the assessment\
\ process to identify the material impacts for the purposes of sustainability\
\ reporting (see section 3.4 of this Standard). "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.2'
name: 'Material matters and materiality of information '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.25
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.25
description: 'Performing a materiality assessment (see sections 3.4 Impact materiality
and 3.5 Financial materiality) is necessary for the undertaking to identify
the material impacts, risks and opportunities to be reported. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.26
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.26
description: "Materiality assessment is the starting point for sustainability\
\ reporting under ESRS. IRO-1 in section 4.1 of ESRS 2, includes general disclosure\
\ requirements about the undertaking\u2019s process to identify impacts, risks\
\ and opportunities and assess their materiality. SBM-3 of ESRS 2 provides\
\ general disclosure requirements on the material impacts, risks and opportunities\
\ resulting from the undertaking\u2019s materiality assessment. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.27
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.27
description: 'The Application Requirements in Appendix A of this Standard include
a list of sustainability matters covered in topical ESRS, categorised by topics,
sub-topics and sub-sub-topics, to support the materiality assessment. Appendix
E Flowchart for determining disclosures to be included of this Standard provides
an illustration of the materiality assessment described in this section. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.28
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.28
description: "A sustainability matter is \u2018material\u2019 when it meets\
\ the criteria defined for impact materiality (see section 3.4 of this Standard)\
\ or financial materiality (see section 3.5 of this Standard), or both. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.29
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.29
description: 'Irrespective of the outcome of its materiality assessment, the
undertaking shall always disclose the information required by: ESRS 2 General
Disclosures (i.e. all the Disclosure Requirements and data points specified
in ESRS 2) and the Disclosure Requirements (including their datapoints) in
topical ESRS related to the Disclosure Requirement IRO-1 Description of the
process to identify and assess material impacts, risks and opportunities,
as listed in ESRS 2 Appendix C Disclosure/Application Requirements in topical
ESRS that are applicable jointly with ESRS 2 General Disclosures. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.30
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.30
description: 'When the undertaking concludes that a sustainability matter is
material as a result of its materiality assessment, on which ESRS 2 IRO-1,
IRO-2 and SBM-3 set disclosure requirements, it shall: '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.30.a
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2.30
ref_id: 3.2.30.a
description: 'disclose information according to the Disclosure Requirements
(including Application Requirements) related to that specific sustainability
matter in the corresponding topical and sector-specific ESRS; and '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.30.b
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2.30
ref_id: 3.2.30.b
description: 'disclose additional entity-specific disclosures (see paragraph
11 and AR 1 to AR 5 of this Standard) when the material sustainability matter
is not covered by an ESRS or is covered with insufficient granularity. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.31
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.31
description: "The applicable information prescribed within a Disclosure Requirement,\
\ including its datapoints, or an entity-specific disclosure, shall be disclosed\
\ when the undertaking assesses, as part of its assessment of material information,\
\ that the information is relevant from one or more of the following perspectives:\
\ \n(a)the significance of the information in relation to the matter it purports\
\ to depict or explain; or \n(b)the capacity of such information to meet the\
\ users\u2019 decision-making needs, including the needs of primary users\
\ of general-purpose financial reporting described in paragraph 48 and/or\
\ the needs of users whose principal interest is in information about the\
\ undertaking\u2019s impacts. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.32
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.32
description: "If the undertaking concludes that climate change is not material\
\ and therefore omits all disclosure requirements in ESRS E1 Climate change,\
\ it shall disclose a detailed explanation of the conclusions of its materiality\
\ assessment with regard to climate change (see ESRS 2 IRO-2 Disclosure Requirements\
\ in ESRS covered by the undertaking\u2019s sustainability statement), including\
\ a forward-looking analysis of the conditions that could lead the undertaking\
\ to conclude that climate change is material in the future. If the undertaking\
\ concludes that a topic other than climate change is not material and therefore\
\ it omits all the Disclosure Requirements in the corresponding topical ESRS,\
\ it may briefly explain the conclusions of its materiality assessment for\
\ that topic. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.33
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.33
description: 'When disclosing information on policies, actions and targets in
relation to a sustainability matter that has been assessed to be material,
the undertaking shall include the information prescribed by all the Disclosure
Requirements and datapoints in the topical and sector-specific ESRS related
to that matter and in the corresponding Minimum Disclosure Requirement on
policies, actions, and targets required under ESRS 2. If the undertaking cannot
disclose the information prescribed by either the Disclosure Requirements
and datapoints in the topical or sector-specific ESRS, or the Minimum Disclosure
Requirements in ESRS 2 on policies, actions and targets, because it has not
adopted the respective policies, implemented the respective actions or set
the respective targets, it shall disclose this to be the case and it may report
a timeframe in which it aims to have these in place. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.34
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.34
description: 'When disclosing information on metrics for a material sustainability
matter according to the Metrics and Targets section of the relevant topical
ESRS, the undertaking: '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.34.a
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2.34
ref_id: 3.2.34.a
description: 'shall include the information prescribed by a Disclosure Requirement
if it assesses such information to be material; and '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.34.b
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2.34
ref_id: 3.2.34.b
description: 'may omit the information prescribed by a datapoint of a Disclosure
Requirement if it assesses such information to be not material and concludes
that such information is not needed to meet the objective of the Disclosure
Requirement. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.35
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.35
description: "If the undertaking omits the information prescribed by a datapoint\
\ that derives from other EU legislation listed in Appendix B of ESRS 2, it\
\ shall explicitly state that the information in question is \u2018not material\u2019\
. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.36
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2
ref_id: 3.2.36
description: 'The undertaking shall establish how it applies criteria, including
appropriate thresholds, to determine: '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.36.a
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2.36
ref_id: 3.2.36.a
description: 'the information it discloses on metrics for a material sustainability
matter according to the Metrics and Targets section of the relevant topical
ESRS, in accordance with paragraph 34; and '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.2.36.b
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.2.36
ref_id: 3.2.36.b
description: 'the information to be disclosed as entity-specific disclosures. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.3
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.3'
name: 'Double materiality '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.3.37
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.3
ref_id: 3.3.37
description: "Double materiality has two dimensions, namely: impact materiality\
\ and financial materiality. Unless specified otherwise, the terms \u2018\
material\u2019 and \u2018materiality\u2019 are used throughout ESRS to refer\
\ to double materiality. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.3.38
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.3
ref_id: 3.3.38
description: "Impact materiality and financial materiality assessments are inter-related\
\ and the interdependencies between these two dimensions shall be considered.\
\ In general, the starting point is the assessment of impacts, although there\
\ may also be material risks and opportunities that are not related to the\
\ undertaking\u2019s impacts. A sustainability impact may be financially material\
\ from inception or become financially material, when it could reasonably\
\ be expected to affect the undertaking\u2019s financial position, financial\
\ performance, cash flows, its access to finance or cost of capital over the\
\ short-, medium- or long-term. Impacts are captured by the impact materiality\
\ perspective irrespective of whether or not they are financially material. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.3.39
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.3
ref_id: 3.3.39
description: "In identifying and assessing the impacts, risks and opportunities\
\ in the undertaking\u2019s value chain to determine their materiality, the\
\ undertaking shall focus on areas where impacts, risks and opportunities\
\ are deemed likely to arise, based on the nature of the activities, business\
\ relationships, geographies or other factors concerned. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.3.40
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.3
ref_id: 3.3.40
description: 'The undertaking shall consider how it is affected by its dependencies
on the availability of natural, human and social resources at appropriate
prices and quality, irrespective of its potential impacts on those resources. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.3.41
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.3
ref_id: 3.3.41
description: "An undertaking\u2019s principal impacts, risks and opportunities\
\ are understood to be the same as the material impacts, risks and opportunities\
\ identified under the double materiality principle and therefore reported\
\ on in its sustainability statement. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.3.42
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.3
ref_id: 3.3.42
description: 'The undertaking shall apply the criteria set under sections 3.4
and 3.5 in this Standard, using appropriate quantitative and/or qualitative
thresholds. Appropriate thresholds are necessary to determine which impacts,
risks and opportunities are identified and addressed by the undertaking as
material and to determine which sustainability matters are material for reporting
purposes. Some existing standards and frameworks use the term "most significant
impacts" when referring to the threshold used to identify the impacts that
are described in ESRS as "material impacts." '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.4
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.4'
name: 'Impact materiality '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.4.43
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.4
ref_id: 3.4.43
description: "A sustainability matter is material from an impact perspective\
\ when it pertains to the undertaking\u2019s material actual or potential,\
\ positive or negative impacts on people or the environment over the short-,\
\ medium- or long-term. Impacts include those connected with the undertaking\u2019\
s own operations and upstream and downstream value chain, including through\
\ its products and services, as well as through its business relationships.\
\ Business relationships include those in the undertaking\u2019s upstream\
\ and downstream value chain and are not limited to direct contractual relationships. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.4.44
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.4
ref_id: 3.4.44
description: 'In this context, impacts on people or the environment include
impacts in relation to environmental, social and governance matters. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.4.45
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.4
ref_id: 3.4.45
description: "The materiality assessment of a negative impact is informed by\
\ the due diligence process defined in the international instruments of the\
\ UN Guiding Principles on Business and Human Rights and the OECD Guidelines\
\ for Multinational Enterprises. For actual negative impacts, materiality\
\ is based on the severity of the impact, while for potential negative impacts\
\ it is based on the severity and likelihood of the impact. Severity is based\
\ on the following factors: \n(a)\tthe scale; \n(b)\tscope; and \n(c)\tirremediable\
\ character of the impact. \nIn the case of a potential negative human rights\
\ impact, the severity of the impact takes precedence over its likelihood. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.4.46
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.4
ref_id: 3.4.46
description: "For positive impacts, materiality is based on: (a)\tthe scale\
\ and scope of the impact for actual impacts; and (b)\tthe scale, scope and\
\ likelihood of the impact for potential impacts"
- urn: urn:intuitem:risk:req_node:esrs_p1:3.5
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.5'
name: 'Financial materiality '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.5.47
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.5
ref_id: 3.5.47
description: "The scope of financial materiality for sustainability reporting\
\ is an expansion of the scope of materiality used in the process of determining\
\ which information should be included in the undertaking\u2019s financial\
\ statements"
- urn: urn:intuitem:risk:req_node:esrs_p1:3.5.48
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.5
ref_id: 3.5.48
description: "The financial materiality assessment corresponds to the identification\
\ of information that is considered material for primary users of general-\
\ purpose financial reports in making decisions relating to providing resources\
\ to the entity. In particular, information is considered material for primary\
\ users of general-purpose financial reports if omitting, misstating or obscuring\
\ that information could reasonably be expected to influence decisions that\
\ they make on the basis of the undertaking\u2019s sustainability statement. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.5.49
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.5
ref_id: 3.5.49
description: "A sustainability matter is material from a financial perspective\
\ if it triggers or could reasonably be expected to trigger material financial\
\ effects on the undertaking. This is the case when a sustainability matter\
\ generates risks or opportunities that have a material influence, or could\
\ reasonably be expected to have a material influence, on the undertaking\u2019\
s development, financial position, financial performance, cash flows, access\
\ to finance or cost of capital over the short-, medium- or long-term. Risks\
\ and opportunities may derive from past events or future events. The financial\
\ materiality of a sustainability matter is not constrained to matters that\
\ are within the control of the undertaking but includes information on material\
\ risks and opportunities attributable to business relationships beyond the\
\ scope of consolidation used in the preparation of financial statements. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.5.50
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.5
ref_id: 3.5.50
description: "Dependencies on natural, human and social resources can be sources\
\ of financial risks or opportunities. Dependencies may trigger effects in\
\ two possible ways: \n(a)\tthey may influence the undertaking\u2019s ability\
\ to continue to use or obtain the resources needed in its business processes,\
\ as well as the quality and pricing of those resources; and \n(b)\tthey may\
\ affect the undertaking\u2019s ability to rely on relationships needed in\
\ its business processes on acceptable terms. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.5.51
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.5
ref_id: 3.5.51
description: 'The materiality of risks and opportunities is assessed based on
a combination of the likelihood of occurrence and the potential magnitude
of the financial effects. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.6
assessable: true
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.6'
name: 'Material impacts or risks arising from actions to address sustainability
matters '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.6.52
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.6
ref_id: 3.6.52
description: "The undertaking\u2019s materiality assessment may lead to the\
\ identification of situations in which its actions to address certain impacts\
\ or risks, or to benefit from certain opportunities in relation to a sustainability\
\ matter, might have material negative impacts or cause material risks in\
\ relation to one or more other sustainability matters. For example: \n(a)\t\
an action plan to decarbonise production that involves abandoning certain\
\ products might have material negative impacts on the undertaking\u2019s\
\ own workforce and result in material risks due to redundancy payments; or\
\ \n(b)\tan action plan of an automotive supplier to focus on the supply of\
\ e- vehicles might lead to stranded assets for the production of supply parts\
\ for conventional vehicles. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.6.53
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.6
ref_id: 3.6.53
description: "In such situations, the undertaking shall: (a)\tdisclose the\
\ existence of material negative impacts or material risks together with the\
\ actions that generate them, with a cross-reference to the topic to which\
\ the impacts or risks relate; and (b)\tprovide a description of how the\
\ material negative impacts or material risks are addressed under the topic\
\ to which they relate. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.7
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3
ref_id: '3.7'
name: 'Level of disaggregation '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.7.54
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.7
ref_id: 3.7.54
description: 'When needed for a proper understanding of its material impacts,
risks and opportunities, the undertaking shall disaggregate the reported information: '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.7.54.a
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.7.54
ref_id: 3.7.54.a
description: 'by country, when there are significant variations of material
impacts, risks and opportunities across countries and when presenting the
information at a higher level of aggregation would obscure material information
about impacts, risks or opportunities; or '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.7.54.b
assessable: false
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.7.54
ref_id: 3.7.54.b
description: 'by significant site or by significant asset, when material impacts,
risks and opportunities are highly dependent on a specific location or asset. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.7.55
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.7
ref_id: 3.7.55
description: "When defining the appropriate level of disaggregation for reporting,\
\ the undertaking shall consider the disaggregation adopted in its materiality\
\ assessment. Depending on the undertaking\u2019s specific facts and circumstances,\
\ a disaggregation by subsidiary may be necessary. "
- urn: urn:intuitem:risk:req_node:esrs_p1:3.7.56
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.7
ref_id: 3.7.56
description: 'Where data from different levels, or multiple locations within
a level, is aggregated, the undertaking shall ensure that this aggregation
does not obscure the specificity and context necessary to interpret the information.
The undertaking shall not aggregate material items that differ in nature. '
- urn: urn:intuitem:risk:req_node:esrs_p1:3.7.57
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:3.7
ref_id: 3.7.57
description: 'When the undertaking presents information disaggregated by sectors,
it shall adopt the ESRS sector classification to be specified in a delegated
act adopted by the Commission pursuant to article 29b(1) third subparagraph,
point (ii), of Directive 2013/34/EU. When a topical or sector- specific ESRS
requires that a specific level of disaggregation is adopted in preparing a
specific item of information, the requirement in the topical or sector-specific
ESRS shall prevail. '
- urn: urn:intuitem:risk:req_node:esrs_p1:4
assessable: false
depth: 3
parent_urn: urn:intuitem:risk:req_node:esrs_p1:node6
ref_id: '4'
name: Due diligence
- urn: urn:intuitem:risk:req_node:esrs_p1:4.58
assessable: true
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:4
ref_id: '4.58'
description: "The outcome of the undertaking\u2019s sustainability due diligence\
\ process (referred to as \u2018due diligence\u2019 in the international instruments\
\ mentioned below) informs the undertaking\u2019s assessment of its material\
\ impacts, risks and opportunities. ESRS do not impose any conduct requirements\
\ in relation to due diligence; nor do they extend or modify the role of the\
\ administrative, management or supervisory bodies of the undertaking with\
\ regard to the conduct of due diligence"
- urn: urn:intuitem:risk:req_node:esrs_p1:4.59
assessable: true
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:4
ref_id: '4.59'
description: "Due diligence is the process by which undertakings identify, prevent,\
\ mitigate and account for how they address the actual and potential negative\
\ impacts on the environment and people connected with their business. These\
\ include negative impacts connected with the undertaking\u2019s own operations\
\ and its upstream and downstream value chain, including through its products\
\ or services, as well as through its business relationships. Due diligence\
\ is an on-going practice that responds to and may trigger changes in the\
\ undertaking\u2019s strategy, business model, activities, business relationships,\
\ operating, sourcing and selling contexts. This process is described in the\
\ international instruments of the UN Guiding Principles on Business and Human\
\ Rights and the OECD Guidelines for Multinational Enterprises. "
- urn: urn:intuitem:risk:req_node:esrs_p1:4.60
assessable: true
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:4
ref_id: '4.60'
description: "These international instruments identify a number of steps in\
\ the due diligence process, including the identification and assessment of\
\ negative impacts connected with the undertaking\u2019s own operations and\
\ its upstream and downstream value chain, including through its products\
\ or services, as well as through its business relationships. Where the undertaking\
\ cannot address all impacts at once, the due diligence process allows for\
\ action to be prioritised based on the severity and likelihood of the impacts.\
\ It is this aspect of the due diligence process that informs the assessment\
\ of material impacts (see section 3.4 of this Standard). The identification\
\ of material impacts also supports the identification of material sustainability\
\ risks and opportunities, which are often a product of such impacts."
- urn: urn:intuitem:risk:req_node:esrs_p1:4.61
assessable: true
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:4
ref_id: '4.61'
description: "The core elements of due diligence are reflected directly in Disclosure\
\ Requirements set out in ESRS 2 and in the topical ESRS, as illustrated below:\
\ \n(a)\tembedding due diligence in governance, strategy and business model\
\ ( 3 ). This is addressed under: \ni.\tESRS 2 GOV-2: Information provided\
\ to and sustainability matters addressed by the undertaking\u2019s administrative,\
\ management and supervisory bodies; \nii.\tESRS 2 GOV-3: Integration of sustainability-related\
\ performance in incentive schemes; and \niii.\tESRS 2 SBM-3: Material impacts,\
\ risks and opportunities and their interaction with strategy and business\
\ model. \n(b)\tengaging with affected stakeholders ( 4 ). This is addressed\
\ under: \ni.\tESRS 2 GOV-2; \nii.\tESRS 2 SBM-2: Interests and views of stakeholders;\
\ \niii.\tESRS 2 IRO-1; \niv.\tESRS 2 MDR-P; and \nv.\tTopical ESRS: reflecting\
\ the different stages and purposes of stakeholder engagement throughout the\
\ due diligence process.\n(c) identifying and assessing negative impacts on\
\ people and the environment ( 5 ). This is addressed under: \ni.\tESRS 2\
\ IRO-1 (including Application Requirements related to specific sustainability\
\ matters in the relevant ESRS); and \nii.\tESRS 2 SBM-3; \n(d)\ttaking action\
\ to address negative impacts on people and the environment ( 6 ). This is\
\ addressed under: \ni.\tESRS 2 MDR-A; and \nii.\tTopical ESRS: reflecting\
\ the range of actions, including transition plans, through which impacts\
\ are addressed. \n(e)\ttracking the effectiveness of these efforts ( 7 ).\
\ This is addressed under: \ni.\tESRS 2 MDR-M; \nii.\tESRS 2 MDR-T; and \n\
iii.\tTopical ESRS: regarding metrics and targets. "
- urn: urn:intuitem:risk:req_node:esrs_p1:5
assessable: false
depth: 3
parent_urn: urn:intuitem:risk:req_node:esrs_p1:node6
ref_id: '5'
name: 'Value chain '
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1
assessable: false
depth: 4
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5
ref_id: '5.1'
name: 'Reporting undertaking and value chain '
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1.62
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5.1
ref_id: 5.1.62
description: 'The sustainability statement shall be for the same reporting undertaking
as the financial statements. For example, if the reporting undertaking is
a parent company required to prepare consolidated financial statements, the
sustainability statement will be for the group. This requirement does not
apply where the reporting undertaking is not required to draw-up financial
statements or where the reporting undertaking is preparing consolidated sustainability
reporting pursuant to Article 48i of Directive 2013/34/EU. '
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1.63
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5.1
ref_id: 5.1.63
description: "The information about the reporting undertaking provided in the\
\ sustainability statement shall be extended to include information on the\
\ material impacts, risks and opportunities connected with the undertaking\
\ through its direct and indirect business relationships in the upstream and/or\
\ downstream value chain (\u2018value chain information\u2019). In extending\
\ the information about the reporting undertaking, the undertaking shall include\
\ material impacts, risks and opportunities connected with its upstream and\
\ downstream value chain: \n(a)\tfollowing the outcome of its due diligence\
\ process and of its materiality assessment; and \n(b)\tin accordance with\
\ any specific requirements related to the value chain in other ESRS. "
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1.64
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5.1
ref_id: 5.1.64
description: "Paragraph 63 does not require information on each and every actor\
\ in the value chain, but only the inclusion of material upstream and downstream\
\ value chain information. Different sustainability matters can be material\
\ in relation to different parts of the undertaking\u2019s upstream and downstream\
\ value chain. The information shall be extended to include value chain information\
\ only in relation to the parts of the value chain for which the matter is\
\ material. "
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1.65
assessable: true
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5.1
ref_id: 5.1.65
description: 'The undertaking shall include material value chain information
when this is necessary to: '
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1.65.a
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5.1.65
ref_id: 5.1.65.a
description: "allow users of sustainability statements to understand the undertaking\u2019\
s material impacts, risks and opportunities; and/or "
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1.65.b
assessable: true
depth: 6
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5.1.65
ref_id: 5.1.65.b
description: 'produce a set of information that meets the qualitative characteristics
of information (see Appendix B of this Standard). '
- urn: urn:intuitem:risk:req_node:esrs_p1:5.1.66
assessable: false
depth: 5
parent_urn: urn:intuitem:risk:req_node:esrs_p1:5.1