Orsted
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
Tags Tree
- Provide a detailed explanation of how the transition plan for climate change mitigation is integrated into and aligned with your company's overall business strategy and financial planning.
-
Question Id: E1-1_13
Our approach to resilience analysis consists of two main components: assessing and managing transition risks and opportunities, and conducting physical climate risk assessments. Transition risks stem from a shift to a low-carbon economy and encompass factors such as new regulations, technological innovation, changing market dynamics, and shifting consumer preferences. We have effectively mitigated these risks by transforming our business model from fossil fuels to renewable energy, aligning our operations with a 1.5 °C climate trajectory. This proactive shift has positioned us well to capitalise on the increasing demand for renewable energy deployment.
Report Date: 4Q2024Relevance: 65%
- Has the undertaking established GHG emission reduction targets, and if so, are these targets disclosed in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to a base year, and where applicable, in intensity value?
-
Question Id: E1-4_02
Yes, the undertaking has established GHG emission reduction targets. These targets are disclosed in both absolute terms and as percentages relative to a base year. For example, the Scope 1-2 GHG emissions intensity target is 10 g CO2e/kWh with a 93% reduction by 2025 relative to the 2018 baseline. The Scope 3 GHG emissions from gas sales target is 8 Mt CO2e with a 67% reduction by 2030 relative to the 2018 baseline.
Report Date: 4Q2024Relevance: 95%