Climate-Relevant Emissions

Aspect 1:

Identify the key emission sources and outline the greatest challenges your company faces in relation to climate-relevant emissions.

Aspect 2:

Report on your climate-relevant emission goals and the planned goal achievement time frames and on your use of renewable energies.

Aspect 3:

Report on your strategies and concrete measures for reducing climate-relevant emissions and for using renewable energies.

Aspect 4:

State whether previous goals were achieved and, if so, to what extent, and disclose any goals which were not achieved and why.

Aspect 5:

State which benchmarks you use for your calculations, in particular the reference year in the case of reduction calculations, the parts of the company to which your calculations apply, emission factors and the regime used (e.g. Carbon Disclosure Project, GHG Protocol, the VfU’s environmental performance indicators for financial institutions, etc.).

The Greenhouse Gas Protocol was drafted by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). Many companies already comply with it and almost all industry-specific standards are derived from it. The Greenhouse Gas Protocol calls for direct emissions to be disclosed, such as those caused by machinery in the production process or due to business trips (Scope 1), and ideally also the emissions caused as a consequence of using electricity or caused by suppliers (Scopes 2 and 3).

Key Performance Indicator GRI SRS-305-1: Direct (Scope 1) GHG emissions

a. Gross direct (Scope 1) GHG emissions in metric tons of CO2 equivalent.
b. Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3 or all.
c. Biogenic CO2 emissions in metric tons of CO2 equivalent.
d. Base year for the calculation, if applicable, including:
i. the rationale for choosing it;
ii. emissions in the base year;
iii. the context for any significant changes in emissions that triggered recalculations of base year emissions.
e. Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source.
f. Consolidation approach for emissions; whether equity share, financial control, or operational control.
g. Standards, methodologies, assumptions, and/or calculation tools used.

Key Performance Indicator GRI SRS-305-2: Energy indirect (Scope 2) GHG emissions

a. Gross location-based energy indirect (Scope 2) GHG emissions in metric tons of CO2 equivalent.
b. If applicable, gross market-based energy indirect (Scope 2) GHG emissions in metric tons of CO2 equivalent.
c. If available, the gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all.
d. Base year for the calculation, if applicable, including:
i. the rationale for choosing it;
ii. emissions in the base year;
iii. the context for any significant changes in emissions that triggered recalculations of base year emissions.
e. Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source.
f. Consolidation approach for emissions; whether equity share, financial control, or operational control.
g. Standards, methodologies, assumptions, and/or calculation tools used.

Key Performance Indicator GRI SRS-305-3: Other indirect (Scope 3) GHG emissions

a. Gross other indirect (Scope 3) GHG emissions in metric tons of CO2 equivalent.
b. If available, the gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all.
c. Biogenic CO2 emissions in metric tons of CO2 equivalent.
d. Other indirect (Scope 3) GHG emissions categories and activities included in the calculation.
e. Base year for the calculation, if applicable, including:
i. the rationale for choosing it;
ii. emissions in the base year;
iii. the context for any significant changes in emissions that triggered recalculations of base year emissions.
f. Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source.
g. Standards, methodologies, assumptions, and/or calculation tools used.

Key Performance Indicator GRI SRS-305-5: Reduction of GHG emissions

a. GHG emissions reduced as a direct result of reduction initiatives, in metric tons of CO2 equivalent.
b. Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all.
c. Base year or baseline, including the rationale for choosing it.
d. Scopes in which reductions took place; whether direct (Scope 1), energy indirect (Scope 2), and/or other indirect (Scope 3).
e. Standards, methodologies, assumptions, and/or calculation tools used.

Key Performance Indicator EFFAS E02-01

GHG emissions, total (Scope 1, 2, 3). Link

Reporting in line with the German CSR Directive Implementation Act   
(German legislation implementing the Directive 2014/95/EU)

If you also wish to use your Code declaration to comply with the reporting obligation in accordance with the CSR Directive Implementation Act (CSR-RUG), the checklist below will give you guidance regarding how the Code Office checks it for formal completeness. You can provide the relevant information concerning environmental matters under criteria 11 to 13. Questions set in italics are already covered in your responses to the corresponding Code aspects.

1. Report on the management policy pursued:
a.Goals and planned goal achievement time frames (criterion 12, aspect 1, and criterion 13, aspect 1).
b. How corporate governance is incorporated into the policy.
c. Strategies and concrete measures for achieving the goals (criterion 12, Aspect 2, and criterion 13, aspect 3).
d. Internal processes for monitoring implementation of the measures.

2. Report on the results of the policy:
a. Whether and to what extent previous goals were achieved (criterion 12, Aspect 2, and criterion 13, aspect 4).
b. Whether and how it is determined that the policy needs modifying and what conclusions are then drawn.

3. Report on the risks:
a. How the risks were identified and the material risks were filtered out (due diligence processes).
b. Material risks arising from your business activities that are highly likely to have a negative impact on resources and ecosystems (criterion 12, aspect 4).
c. Material risks arising from your business relations that are highly likely to have a negative impact on resources and ecosystems (criterion 12, aspect 4).
d. Material risks arising from your products and services that are highly likely to have a negative impact on resources and ecosystems (criterion 12, aspect 4).

1.) Key performance indicators (KPIs)

Report the environment-related key performance indicators (KPIs) that your undertaking is required to publish pursuant to Art. 8 of the EU Taxonomy Regulation in conjunction with the delegated acts.

[In the case of non-financial undertakings with a reporting obligation, the current position under Art. 8 of the EU Taxonomy Regulation ((EU) 2020/852) in conjunction with Art. 10 (1) of the Delegated Regulation (C (2021) 4987) and Annex I is that disclosures about the proportion of turnover, capital expenditure (CapEx) and operating expenditure (OpEx) associated with environmentally sustainable economic activities are required. Conversely, Art. 8 of the EU Taxonomy Regulation ((EU) 2020/852) in conjunction with Art. 10 (2) of the Delegated Regulation (C (2021) 4987) and its applicable appendices currently requires financial undertakings with a reporting obligation to make asset-orientated disclosures. Here a distinction needs to be made between the respective type of the financial undertaking. The scope of the mandatory disclosures for all undertakings with a reporting obligation will increase in the coming reporting years pursuant to Art. 8 of the EU Taxonomy Regulation ((EU) 2020/852) in conjunction with the Delegated Regulation (C (2021) 4987). For that reason, further statements concerning the key performance indicators (KPIs) may also be presented under aspect 3.).]

Note: You can use the table function for this purpose.

2.) Concept / process description

Describe your undertaking’s concept for the EU taxonomy and processes for establishing the undertaking-specific KPIs.

[At this point, undertakings subject to a reporting obligation are required in particular to make the respective qualitative disclosures pursuant to Art. 8 of the EU Taxonomy Regulation in conjunction with the Delegated Regulation (C (2021) 4987) and its annexes (e.g. description of the determination of revenue, capital and operating expenditure for non-financial undertakings pursuant to Art. 8 of the EU Taxonomy Regulation in conjunction with the Delegated Regulation (C (2021) 4987), Annex I, section 1.2, no. 1.2.1 part a)). Here, too, the option under aspect 3.) may be additionally used to upload any further statements required.]

3.) Annexes

Here you can upload any supplementary undertaking-specific disclosures and/or other statements concerning the key performance indicators (KPIs) that require publication under the EU Taxonomy Regulation.

[In PDF format; e.g. publication of the registration forms that will need to be published in future pursuant to Art. 8 of the EU Taxonomy Regulation in conjunction with the Delegated Regulation (C (2021) 4987).]