Orsted
ESRS disclosure
Tags Tree
- Has the undertaking established GHG emission reduction targets that are science-based and aligned with the objective of limiting global warming to 1.5°C? Specify the framework and methodology utilized to determine these targets, including whether they follow a sectoral decarbonisation pathway. Detail the underlying climate and policy scenarios, and confirm if the targets have undergone external assurance. Additionally, provide a concise explanation of how future developments, such as changes in sales volumes, shifts in customer preferences and demand, regulatory factors, and new technologies, have been considered in setting these targets and their potential impact on both GHG emissions and emissions reductions.
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Question Id: E1-4_22
In 2021, we became the first energy company to set a science-based net-zero target covering scope 1-3 emissions by 2040. Since then, we have made measurable progress and remain on track to meet our near-term scope 1-2 emissions intensity target. The SBTi’s target validation team classified the ambition of these targets across scopes 1-3 as aligned with a 1.5 °C trajectory, reflecting alignment with the most ambitious goal of the Paris Agreement.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed description of the expected decarbonisation levers and their overall quantitative contributions towards achieving the GHG emission reduction targets, as outlined in Disclosure Requirement E1-4 concerning climate change mitigation and adaptation. Include specific strategies such as energy or material efficiency, consumption reduction, fuel switching, utilization of renewable energy, and the phase-out or substitution of products and processes.
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Question Id: E1-4_23
Our portfolio of climate targets outlines a clear pathway to reducing emissions across our value chain. It also includes a cap on emissions from natural gas sales, building on the reductions we have already achieved.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking considered a diverse range of climate scenarios, including at least one scenario compatible with limiting global warming to 1.5°C, to identify relevant environmental, societal, technology, market, and policy-related developments and determine its decarbonisation levers, as required under Disclosure Requirement E1-4? Additionally, if applicable, provide an explanation of the anticipated financial effects from material physical and transition risks and potential climate-related opportunities as outlined in Disclosure Requirement E1-9, ensuring that the disclosure aligns with the qualitative characteristics of useful information as specified in ESRS 1 Appendix B.
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Question Id: E1-4_24
The SBTi’s target validation team classified the ambition of these targets across scopes 1-3 as aligned with a 1.5 °C trajectory, reflecting alignment with the most ambitious goal of the Paris Agreement.
Report Date: 4Q2024Relevance: 60%
- Provide the total energy consumption in megawatt-hours (MWh) associated with your own operations, as required by Disclosure Requirement E1-5, including a breakdown of the energy mix.
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Question Id: E1-5_01
The total energy consumption is 16,005,467 MWh in 2024. The breakdown is as follows:
- Total energy consumption from non-renewable sources: 2,384,997 MWh
- Total energy consumption from renewable sources: 13,620,470 MWh
Report Date: 4Q2024Relevance: 50%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically disaggregating the data to include the total energy consumption from fossil sources.
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Question Id: E1-5_02
The total energy consumption from fossil sources is 2,384,997 MWh in 2024.
Report Date: 4Q2024Relevance: 50%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically disaggregating the total energy consumption from renewable sources.
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Question Id: E1-5_05
The total energy consumption from renewable sources is 13,620,470 MWh in 2024.
Report Date: 4Q2024Relevance: 50%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically detailing the portion of energy consumption derived from renewable sources. Include a breakdown of fuel consumption for renewable sources, encompassing biomass (including industrial and municipal waste of biological origin), biofuels, biogas, and hydrogen from renewable sources.
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Question Id: E1-5_06
The total energy consumption from renewable sources is 13,620,470 MWh in 2024. The breakdown is as follows:
- Fuel consumed from biomass: 13,131,089 MWh
- Fuel consumed from biogas: 12,717 MWh
- Consumption of purchased or acquired electricity and heat from renewable sources: 476,664 MWh
Report Date: 4Q2024Relevance: 50%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically detailing the consumption of purchased or acquired electricity, heat, steam, and cooling from renewable sources.
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Question Id: E1-5_07
The consumption of purchased or acquired electricity and heat from renewable sources is 476,664 MWh in 2024.
Report Date: 4Q2024Relevance: 80%
- What is the percentage of renewable sources in your company's total energy consumption, as required under Disclosure Requirement E1-9? Ensure that the information provided aligns with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. If applicable, present the data using the specified tabular format for high climate impact sectors, omitting rows (1) to (5) for other sectors.
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Question Id: E1-5_09
The percentage of renewable sources in the company's total energy consumption is 85% in 2024.
Report Date: 4Q2024Relevance: 80%
- Provide detailed information on the total energy consumption from fossil sources, specifically disaggregating the fuel consumption from coal and coal products, for undertakings operating in high climate impact sectors.
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Question Id: E1-5_10
The fuel consumption from coal and coal products is 1,449,425 MWh in 2024.
Report Date: 4Q2024Relevance: 50%