Orsted
ESRS disclosure
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- Does your organization include all individuals within its workforce who could be materially impacted by your operations in the scope of your disclosure under ESRS 2? Additionally, identify and disclose any countries or geographic areas where your operations are considered to be at significant risk of incidents involving forced or compulsory labour, in accordance with the requirements of paragraph 48 of ESRS 2 SBM-3.
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Question Id: S1.SBM-3_08
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: 85%
- Provide a detailed account of the types of operations within your organization that are at significant risk of incidents involving child labor. This disclosure should align with the requirements set forth in ESRS 2 SBM-3, focusing on material impacts, risks, and opportunities, and their interaction with your strategy and business model. Ensure that the scope of this disclosure encompasses all individuals within your workforce who may be materially impacted by your operations, including those within your value chain, products, services, and business relationships. Specify the type of operation, such as a manufacturing plant, that is at risk.
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Question Id: S1.SBM-3_09
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: 50%
- 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, specifically addressing material impacts, risks, and opportunities as they relate to its strategy and business model? Furthermore, does the undertaking identify and disclose any countries or geographic areas where its operations are considered to be at significant risk of incidents of child labour, in accordance with the requirements set forth in paragraph 48?
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Question Id: S1.SBM-3_10
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: 85%
- Has the undertaking developed an understanding of whether and how individuals within its workforce, characterized by specific attributes, working in distinct contexts, or engaged in particular activities, may be at an increased risk of harm? Please detail the process and findings of this understanding as part of the materiality assessment outlined in ESRS 2 IRO 1, in relation to ESRS 2 SBM-3 concerning material impacts, risks, and opportunities and their interaction with the strategy and business model.
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Question Id: S1.SBM-3_11
The impacts are connected to our vision to create a world that runs entirely on green energy, as human capital is a key resource in our business model in order to achieve our vision. It requires that our employees have the possibility to thrive, perform, and grow. We are involved with these impacts through our own activities, in all stages of our operating model, and across all support functions.
Report Date: 4Q2024Relevance: 40%
- Identify and disclose any material risks and opportunities that arise from impacts and dependencies on individuals within your workforce, specifying which of these relate to distinct groups of people, such as particular age demographics or employees in specific locations, rather than to the entire workforce.
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Question Id: S1.SBM-3_12
- Flexible working conditions: Positive impact (own operations)
- Work-induced stress: Negative impact (own operations)
- Possible work-related injuries and fatalities: Potential negative impact (own operations)
- Increased voluntary turnover, potentially due to perceived internal risks or uncertainties: Risk (own operations)
- Unequal gender distribution in management: Negative impact (own operations)
Report Date: 4Q2024Relevance: 60%
- Provide a comprehensive description of your company's human rights policy commitments that pertain to value chain workers. Include details on the processes and mechanisms implemented to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline the general approach adopted by your company in this context.
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Question Id: S2-1_01
Our commitment to respect human rights, including labour rights, and protect value chain workers is outlined in our 'Global human rights policy', 'Stakeholder engagement policy', 'Just transition policy', and 'Code of conduct for business partners'. Our 'Global human rights policy' explicitly highlights our dedication to ensuring freedom of association, the right to collective bargaining, the elimination of forced, trafficked, or compulsory labour, the effective abolition of child labour, and the elimination of discrimination in employment and occupation, among other critical issues. In addition, our 'Code of conduct for business partners' is an integrated part of our agreements with our suppliers and contractors. It is further integrated in the evaluation process for our joint venture partners and other strategic partners.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of your company's human rights policy commitments concerning value chain workers. Include the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline your general approach to respecting the human rights and labor rights of these workers.
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Question Id: S2-1_02
We align our policies with relevant internationally recognised guidelines and standards. Our 'Global human rights policy' aligns with the UN Guiding Principles on Business and Human Rights (UNGPs), the OECD Guidelines for Multinational Enterprises, the International Bill of Human Rights, and the International Labour Organisation’s (ILO) Declaration on Fundamental Principles and Rights at Work. Our 'Just transition policy' is aligned with the UN Global Compact (UNGC) and the ILO Declaration on Fundamental Principles and Rights at Work. Our code of conduct for business partners adheres to several standards and conventions, including the OECD Due Diligence Guidance, the Maritime Labour Convention, IFC Performance Standards and the previously mentioned guidelines.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed description of your organization's human rights policy commitments concerning value chain workers. Include information on the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus specifically on material issues and outline your general approach to engaging with value chain workers.
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Question Id: S2-1_03
To ensure our decisions and activities are informed by the perspectives of value chain workers, we engage proactively with them and their representatives, including trade unions. The outcome of this engagement directly informs our strategies for identifying, assessing, and addressing actual and potential impacts on workers. Through this collaborative process, we work to uphold fair labour practices and to foster safe, dignified, and inclusive work environments across our operations and partnerships.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed description of your organization's human rights policy commitments concerning value chain workers. Include an explanation of the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises. Focus specifically on the material aspects and the general approach to implementing measures that provide and/or enable remedies for human rights impacts.
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Question Id: S2-1_04
Our approach to managing our negative impacts on value chain workers and our processes for identifying what is needed and appropriate to respond to these impacts emphasise responsible sourcing, the promotion of labour rights, and address environmental and social impacts and risks. To achieve this, we conduct regular assessments, risk-based audits, and stakeholder engagements, enabling us to monitor and ensure compliance across the supply chain. Our approach to addressing concerns and grievances within our value chain is built on the principles of transparency, trust, and effective remediation that is proportionate to the grievance that has occurred. We continuously work to strengthen our processes for providing or contributing to appropriate remediation to value chain workers who have been harmed, where we have identified that we have caused or contributed to a negative impact.
Report Date: 4Q2024Relevance: 85%
- Does the undertaking's policy concerning value chain workers explicitly address issues of trafficking in human beings, forced or compulsory labour, and child labour? Additionally, does the undertaking maintain a supplier code of conduct?
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Question Id: S2-1_05
Our 'Global human rights policy' explicitly highlights our dedication to ensuring freedom of association, the right to collective bargaining, the elimination of forced, trafficked, or compulsory labour, the effective abolition of child labour, and the elimination of discrimination in employment and occupation, among other critical issues. In addition, our 'Code of conduct for business partners' is an integrated part of our agreements with our suppliers and contractors.
Report Date: 4Q2024Relevance: 95%