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Reference Table

The table below presents the progress made on implementing the provisions of the European Sustainability Reporting Standards as published by the European Commission on 31 July 2023.

Reference table

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Description

Reference

Explanation

BP-1

General basis for preparation of the sustainability statements

Sustainability statement: Basis for preparation

 

BP-2

Disclosure in relation to specific circumstances

Sustainability statement: Basis for preparation

 

GOV-1

The role of the administrative, management and supervisory bodies

Corporate Governance: Committees; Our sustainability Governance

 

GOV-2

Information provided to and sustainability matters addressed by the undertaking’s administrative, management and supervisory bodies

Corporate Governance: Committees; Our sustainability Governance

 

GOV-3

Integration of sustainability-related performance in incentive schemes

Corporate Governance: Remuneration Policy; Remuneration Report: Executive Committee

 

GOV-4

Statement on due diligence

Sustainability Due Diligence

 

GOV-5

Risk management and internal controls over sustainability reporting

Risk Management: Risk Management and Internal Control; Sustainability Statements: Sustainability Governance

 

SBM-1

Strategy, business model and value chain

Our Business: Strategy; Platforms and Portfolio; Sustainability Statement: Our Double Materiality Assessment; S1-Own workforce; Financial Statements: note 7; Sustainability Statement: Our Ambition

 

SBM-2

Interests and views of stakeholders

Sustainability Statement: Our Double Materiality Assessment

 

SBM-3

Material impacts, risks and opportunities and their interactions with strategy and business model

Our Business: Strategy, Sustainability Statements: Environmental information, Social information, Governance information, Entity-specific information

Phased-in option to omit the information prescribed by ESRS 2 SBM-3 paragraph 48(e) (anticipated financial effects) for the first year of preparation of the sustainability statement.

IRO-1

Description of the processes to identify and assess material impacts, risks and opportunities

Sustainability Statement: Our Double Materiality Assessment

 

IRO-2

Disclosure requirements in ESRS covered by the undertaking’s sustainability statement

Reference table; Table of all datapoints that derive from other EU legislation

 

Environmental information

E1-1

Transition plan for climate change mitigation

E1-Climate change

 

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business mode

E1-Climate change

 

ESRS 2 IRO-1

Description of the processes to identify and assess material climate-related impacts, risks and opportunities

Sustainability Statement: Our Double Materiality Assessment

 

E1-2

Policies related to climate change mitigation and adaptation

E1-Climate change

 

E1-3

Actions and resources in relation to climate change policies

E1-Climate change

 

E1-4

Targets related to climate change mitigation and adaptation

E1-Climate change

 

E1-5

Energy consumption and mix

E1-Climate change

 

E1-6

Gross scopes 1, 2, 3 and total GHG emissions

E1-Climate change

 

E1-9

Anticipated financial effects from material physical and transition risks and potential climate-related opportunities

 

Phased-in option used in line with ESRS 1 Appendix C: List of phased-in Disclosure Requirements.

Social information

ESRS 2 SBM-2

Interests and views of stakeholders

Sustainability Statement: Our Double Materiality Assessment

 

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business model

S1-Own workforce, S4-Consumers and end-users

 

S1

 

S1-Own workforce

Phased-in option used for all disclosure requirements of ESRS S1, as Galapagos not exceeded on balance sheet date the average number of 750 employees during the financial year on consolidated basis

S4

 

S4-Consumers and end-users

Phased-in option used for all disclosure requirements of ESRS S4, as Galapagos not exceeded on balance sheet date the average number of 750 employees during the financial year on consolidated basis

Governance information

ESRS 2 GOV1

The role of the administrative, supervisory and management bodies

Corporate Governance: Committees; Sustainability Statements: Sustainability Governance

 

ESRS 2 IRO-1

Description of the processes to identify and assess material impacts, risks and opportunities

G1-Business conduct

 

G1-1

Business conduct policies and corporate culture

Corporate Governance: Code of Conduct; Sustainability Statements: G1-Business conduct

 

G1-2

Management of relationships with suppliers

G1-Business conduct

 

G1-6

Payment practices

G1-Business conduct

 

Entity Specific Information

ESRS 2 SBM-3

Material impacts, risks and opportunities and their interaction with strategy and business mode

Entity specific topics

 

ESRS 2 IRO-1

Description of the processes to identify and assess material climate-related impacts, risks and opportunities

Sustainability Statement: Our Double Materiality Assessment