A policy is a set or framework of general objectives and management principles that the undertaking uses for decision-making. A policy implements the undertaking’s strategy or management decisions related to a material sustainability matter. Each policy is under the responsibility of defined person(s), specifies its perimeter of application, and includes or more objectives (linked when applicable to one measurable targets). A policy is validated and reviewed following the undertaking’s applicable governance rules. A policy is implemented through actions or action plans.
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