Minimum Disclosure Requirement – Metrics MDR-M – Metrics in relation to material sustainability aspects
VIG uses both the metrics defined by the ESRS and company-specific metrics to track the performance and effectiveness of measures with regard to material impacts, risks and opportunities; key metrics – including, among others, greenhouse gas emissions (Scope 1–3), including energy consumption, as well as HR metrics such as employee turnover, diversity and training hours – are described in greater detail in the topic-specific chapters (ESRS E1 “Climate change”, ESRS S1 “Own workforce” and ESRS G1 “Business conduct”).
Material assumptions and estimates are described in the chapter “Value chain estimation” in ESRS 2 BP-2 “Disclosures in relation to specific circumstances”. The measurement of the metrics is not validated by an external body.
Minimum Disclosure Requirement – Targets MDR-T – Tracking effectiveness of policies and actions through targets
VIG has currently defined ESRS-aligned targets only in ESRS E1 “Climate change” for selected companies within VIG, thereby supporting the European Green Deal, which aims to minimise climate impacts and support the transition to a carbon-neutral economy. In this context, VIG has formulated a target for 2030 for the areas of internal operations, underwriting and investments in defined fields of action or portfolios. These targets provide for a reduction of greenhouse gas emissions from selected areas by just under 30% by 2030. The base year for target achievement is 2023. The details are described in ESRS E1 “Climate change”.