Gabriel_Annual_Report_2024-25 - Flipbook - Page 46
CONTENTS // SUSTAINABILITY STATEMENT // ENVIRONMENT – CLIMATE AND ENERGY
The EU taxonomy regulation
The Gabriel Group has carried out an assessment of all
of its activities and matched them with relevant NACE
codes. The conclusion from this assessment is that the
taxonomy’s screening criteria cover only a small share
of the activities. These activities concern, not the Group’s
core business which is development, design and production of fabrics, furniture and components, but Gabriel’s
letting of commercial properties (NACE L6820). These
activities are therefore reported as taxonomy-eligible
but not as taxonomy-aligned, since alignment is judged
not to be relevant for them.
The statement is based on Gabriel’s strategy, transition
plans and financial starting point. The EU taxonomy was
assessed and reported by the CEO, Director of CSR &
Quality, Group Finance Director, Group General Counsel
and Sustainability Manager. Those responsible have experience in sustainability reporting, financial reporting
and other relevant legislation. They maintain their skills
by participating in relevant courses and networks. Management assesses annually whether the team possesses
the knowledge and insight required to provide accurate,
true and fair reporting.
The Group Finance Director made the calculations based
on data from the Group’s financial systems. The EU Taxonomy Calculator was used and all obligatory fields in
the reporting templates were assessed and, if relevant,
filled out by the Group Finance Director and Sustainability Manager. It was assessed whether the reported
activities complied with the technical screening criteria
and minimum safeguards (including the OECD’s guidelines and the UN guiding principles on human rights).
As Gabriel does not have activities contributing to multiple environmental objectives, the supplementing templates were not filled out (cf. footnote C, Annex II of the
Disclosures Delegated Act). Based on the assessment
and documentation made, management declares that
no activities contribute to several objectives at the same
time (multi-objective contribution). Disclosures regarding revenue, CapEx and OpEx in Gabriel Ejendomme
(taxonomy-eligible activities) are shown under segment
information in note 1.
Gabriel assesses compliance with the EU taxonomy and
associated delegated acts annually. From the 2024/25
financial year, the statement is subject to external auditing as part of the CSRD requirements. Any significant
changes to legislation or the Group’s activities will be
incorporated into the assessment.
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