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 targets for reducing greenhouse gas emissions? If so, disclose these targets in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to the emissions of a base year, and, if applicable, provide the intensity value.
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Question Id: E1-4_04
Yes, the undertaking has established targets for reducing greenhouse gas emissions. The Scope 1-2 GHG emissions intensity target is 10 g CO2e/kWh with a 93% reduction by 2025 from the 2018 baseline. The Scope 3 GHG emissions from gas sales target is 8 Mt CO2e with a 67% reduction by 2030 from the 2018 baseline.
Report Date: 4Q2024Relevance: 95%