Orsted
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 e
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- Provide a detailed explanation of any objectives or plans related to capital expenditures (CapEx), capital expenditure plans (CapEx plans), and operational expenditures (OpEx) that your undertaking has formulated to align its economic activities, including revenues, CapEx, and OpEx, with the criteria set forth in Commission Delegated Regulation 2021/2139, as required under Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation.
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Question Id: E1-1_08
Capital alignment with climate goals: Since the entry into force of the EU Climate Delegated Act, 99% of Ørsted’s capital expenditures (CAPEX) have been allocated to activities classified as sustainable. For 2024, these expenditures include DKK 37,867 million for the deployment of offshore and onshore wind capacity, DKK 6,097 million for the deployment of solar PV and energy storage technologies, and DKK 2,836 million for hydrogen, carbon capture and storage, and bioenergy activities.
Report Date: 4Q2024Relevance: 85%
- Has the undertaking established greenhouse gas emission reduction targets? If so, disclose these targets in absolute terms, specifying either the total tonnes of CO2 equivalent or as a percentage relative to a base year's emissions. Additionally, provide the intensity value where applicable.
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Question Id: E1-4_03
Yes, the undertaking has established greenhouse gas emission reduction targets. For Scope 1-2 GHG emissions intensity, the target is 10 g CO2e/kWh with a 93% reduction by 2025 from the 2018 baseline. For Scope 3 GHG emissions from gas sales, the target is 8 Mt CO2e with a 67% reduction by 2030 from the 2018 baseline.
Report Date: 4Q2024Relevance: 95%