Airbus // Universal Registration Document 2021
1. Information on the Company’s Activities /
1.2 Non-Financial Information
1
for GHG emissions reductions, Renovation of existing buildings Construction of new buildings, Electricity generation using solar photovoltaic technology, Installation, maintenance and repair of renewable energy technologies, Freight transport services by road. The proportions of its turnover, capital expenditures and operating expenses as of 31 December 2021, as reported in the Financial Statements were assessed as immaterial with currently available data, which includes certain limitations mainly linked to data granularity for capital expenditures and operating expenses. The Company is working on improving financial data tagging to enable more accurate reporting in upcoming disclosures. As a result of this assessment, as of 31 December 2021, the Company reports 0% eligibility (100% non-eligibility) of its total turnover (€52,149 million), capital expenditures (€1,928 million), and operating expenses (R&D €2,746 milllion) respectively.
Under the proposed text available at the time of this report, Airbus commercial aircraft activity corresponding to NACE code 30.3 is described under section 8.9 Manufacturing of aircraft of the document “PLATFORM ON SUSTAINABLE FINANCE: TECHNICAL WORKING GROUP / PART B – Annex: Full list of Technical Screening Criteria August 2021” and therefore it could be considered an eligible activity once the corresponding delegated act is adopted. Repor ted eligibility as per December 2021 adopted Delegated Act: The Delegated Act covering Manufacturing of Commercial Aircraft technical screening criteria is expected to be adopted by the European Commission in 2022. The Company per formed an analysis of its exposure to Taxonomy-eligible activities referenced in the Climate Delegated Act adopted before 31 December 2021 (1) : Data-driven solutions
1.2.11 TCFD Correspondence Table
See Airbus Sustainability Report sections
See CDP Climate Change Questionnaire* items
Governance Describe the Board’s oversight of climate-related risks and opportunities. Describe management’s role in assessing and managing climate-related risks and opportunities Strategy Describe the climate-related risks and opportunities the organisation has identified over the short, medium, and long-term Describe the impact of climate-related risks and opportunities on the organisation’s businesses, strategy, and financial planning. Describe the resilience of the organisation’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario Risk management Describe the organisation’s processes for identifying and assessing climate-related risks. Describe how processes for identifying, assessing, and managing climate- related risks are integrated into the organisation’s overall risk management. Metrics & targets Disclosure of the metrics used by the organisation to assess climate-related risks and opportunities in line with its strategy and risk management process. Describe the organisation’s processes for managing climate-related risks.
– 1.2.1 the Company Approach to Sustainability – 1.2.2 Lead the Journey towards Clean Aerospace
C1.1a, C1.1b
C1.2, C1.2a
– Risk Factors – 4 Environment, Human Rights, Health & Safety Risks – 1.2.2 Lead the Journey towards Clean Aerospace –Please refer to the “Notes to the IFRS Consolidated Financial Statements” (Note 6: Climate impacts) –4.1.3 Enterprise Risk Management System –1.2.1 the Company Approach to Sustainability –1.2.2 Lead the Journey towards Clean Aerospace
C2.3a, C2.4a
C2.3a, C2.4a, C3.1, C3.3, C3.4
C3.2, C3.2a
C2.1, C2.1a, C2.1b, C2.2, C2.2a
C2.1, C2.2
C2.1, C2; 1b, C2.2
C4.2, C9.1
–1.2.2 Lead the Journey towards Clean Aerospace –1.2.8 ESG Data Board, section Environmental Performance / Emissions
C6.1, C6.2, C6.3, C6.5, C6.10, C7.1, C7.1a, C7.2, C7.3, C7.3a, C7.5, C7.6, C7.6a
Disclose Scope 1, Scope 2, and if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
Describe the targets used by the organisation to manage climate-related risks and opportunities and performance against targets.
C4.1, C4.1a, C4.1b, C4.2a
* CDP Climate Change Questionnaire is available on Airbus website and CDP website .
(1) COMMISSION DELEGATED REGULATION (EU) 2021/2139 of 4 June 2021 supplementing Regulation (EU) 2020/852 of the European Parliament and of the Council by establishing the technical screening criteria for determining the conditions under which an economic activity qualifies as contributing substantially to climate change mitigation or climate change adaptation and for determining whether that economic activity causes no significant harm to any of the other environmental objectives, published in the Official Journal of the European Union on 9 December 2021.
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Airbus / Registration Document 2021
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