Orsted
ESRS disclosure
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- Provide the distribution of employees categorized by age group, specifically detailing the number of employees over 50 years old, in accordance with Disclosure Requirement S1-9 concerning diversity metrics.
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Question Id: S1-9_05
Employees above 50 years: 1,600
Report Date: 4Q2024Relevance: 50%
- Provide the definition of top management as utilized within your organization, particularly if it diverges from the standard definition of one and two levels below the administrative and supervisory bodies, as outlined in Disclosure Requirement S1-9 concerning diversity metrics. Additionally, confirm whether this definition is applied in the context of gender diversity disclosures at the top management level.
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Question Id: S1-9_06
Group Executive Team (GET) consists of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO), the Chief HR Officer (CHRO), the deputy CEO and Chief Commercial Officer (CCO), and the Chief Operating Officer (COO).
Report Date: 4Q2024Relevance: 80%
- Provide detailed information on the targets established by your company to manage significant impacts, risks, and opportunities concerning your own workforce, as outlined in ESRS 2 - MDR-T.
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Question Id: S1.MDR-T_01-13
We have a gender target of a 40:60 women:men balance across Ørsted by 2030. This target is tracked at three levels: senior directors and above, people leaders, and all employees. The target ensures we carefully consider gender balance when we hire and promote talent, and when we review data on those leaving the organisation. The process for setting the target was set at executive level in 2021 as a strategic pillar to identify and execute immediate steps for a visible short-term impact on gender balance.
Report Date: 4Q2024Relevance: 10%
- Does the undertaking ensure that all individuals within its own workforce, who may be materially impacted by the undertaking, are encompassed within the scope of disclosure as mandated by ESRS 2? This encompasses impacts arising from the undertaking's operations, value chain, products, services, and business relationships. Furthermore, please provide the requisite information as specified.
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Question Id: S1.SBM-3_01
All employees in our own workforce are included in the scope of our disclosures. Our own workforce does not include self-employed people or people provided by third-party undertakings, primarily engaged in employment activities. Lastly, due to the nature of our operations and the jurisdictions covering our workforce, we are not at risk of either forced labour incidents or child labour incidents.
Report Date: 4Q2024Relevance: 65%
- Does the undertaking include all individuals within its workforce who may be materially impacted by its operations in the scope of its disclosure under ESRS 2? Provide a concise description of the types of employees and non-employees within your workforce who are subject to material impacts. Specify whether these individuals are employees, self-employed, or provided by third-party undertakings primarily engaged in employment activities. Ensure that the disclosure encompasses impacts connected with the undertaking’s operations, value chain, products, services, and business relationships.
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Question Id: S1.SBM-3_02
All employees in our own workforce are included in the scope of our disclosures. Our own workforce does not include self-employed people or people provided by third-party undertakings, primarily engaged in employment activities.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking ensured that all individuals within its own workforce who may experience material impacts are encompassed within the scope of disclosure as per ESRS 2 SBM-3? Furthermore, does the undertaking provide information on whether any material negative impacts are either widespread or systemic in the operational contexts, such as instances of child labor or forced labor in specific non-EU regions, or are they related to individual incidents like industrial accidents or oil spills?
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Question Id: S1.SBM-3_03
All employees in our own workforce are included in the scope of our disclosures. Our own workforce does not include self-employed people or people provided by third-party undertakings, primarily engaged in employment activities. Lastly, due to the nature of our operations and the jurisdictions covering our workforce, we are not at risk of either forced labour incidents or child labour incidents.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed account of the activities within your organization that lead to material positive impacts. Specify the categories of employees and non-employees within your workforce who are positively affected or have the potential to be positively affected by these activities. Additionally, indicate whether these positive impacts are localized to specific countries or regions.
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Question Id: S1.SBM-3_04
Flexible working conditions create a positive impact within our own operations. This positive impact relates to our flexible working culture, creating additionality within many markets where we operate and particularly in the US and APAC, as our global standards go beyond the norm in many countries outside of Northern Europe. This is part of our ambition to power and create a working environment where everyone can thrive, perform, and grow.
Report Date: 4Q2024Relevance: 65%
- Does the undertaking include all individuals within its own workforce who may be materially impacted in the scope of its disclosure under ESRS 2, as per paragraph 48? Furthermore, provide a detailed account of any material risks and opportunities that arise from impacts and dependencies on the undertaking's own workforce, considering the undertaking's operations, value chain, products, services, and business relationships.
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Question Id: S1.SBM-3_05
All employees in our own workforce are included in the scope of our disclosures. Our own workforce does not include self-employed people or people provided by third-party undertakings, primarily engaged in employment activities. Material risks include potential injuries and fatalities, work-related stress, and increased voluntary turnover.
Report Date: 4Q2024Relevance: 85%
- Does the undertaking's disclosure under ESRS 2 encompass all individuals within its workforce who could be materially impacted by the company's operations, including those within its value chain and business relationships? Specifically, provide detailed information on any material impacts on the workforce that may result from transition plans aimed at minimizing environmental harm and achieving climate-neutral operations. This should include impacts related to the undertaking's strategies and actions to reduce carbon emissions in accordance with international agreements, addressing potential restructuring, employment loss, as well as opportunities for job creation and workforce reskilling or upskilling.
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Question Id: S1.SBM-3_06
All employees in our own workforce are included in the scope of our disclosures. Our own workforce does not include self-employed people or people provided by third-party undertakings, primarily engaged in employment activities. In 2024, Ørsted navigated a rapidly evolving industry landscape, necessitating organisational adjustments, including redundancies, to maintain our competitive edge. This poses a short-term risk of increased voluntary turnover and poses opportunities for job creation and workforce reskilling or upskilling.
Report Date: 4Q2024Relevance: 60%
- Does the undertaking include all individuals within its workforce who could be materially impacted by its operations in the scope of its disclosure under ESRS 2, specifically concerning material impacts, risks, and opportunities as outlined in ESRS 2 SBM-3? Furthermore, provide detailed information regarding operations that are at significant risk of incidents of forced labour or compulsory labour, specifying the type of operation, such as a manufacturing plant.
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Question Id: S1.SBM-3_07
All employees in our own workforce are included in the scope of our disclosures. Our own workforce does not include self-employed people or people provided by third-party undertakings, primarily engaged in employment activities. Due to the nature of our operations and the jurisdictions covering our workforce, we are not at risk of either forced labour incidents or child labour incidents.
Report Date: 4Q2024Relevance: 80%