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%
- What is the percentage reduction in Scope 1 Greenhouse gas emissions compared to the base year, as per Disclosure Requirement E1-4 concerning climate change mitigation and adaptation targets?
-
Question Id: E1-4_07
The percentage reduction in Scope 1 Greenhouse gas emissions compared to the base year is 88%.
Report Date: 4Q2024Relevance: 95%