Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 a
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- Provide an explanation of how your company's greenhouse gas emission reduction targets align with the objective of limiting global warming to 1.5°C, as stipulated by the Paris Agreement, in accordance with Disclosure Requirement E1-1 regarding the transition plan for climate change mitigation.
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Question Id: E1-1_02
Ørsted's transition plan outlines the company's overall pathway to achieving net-zero emissions by 2040, aligned with the 1.5 °C goal of the Paris Agreement. The plan is substantiated by science-based targets, includes key decarbonisation levers, and identifies strategic actions that have driven the transformation of our business model towards renewable energy and will continue to shape our ongoing transition.
Report Date: 4Q2024Relevance: 85%
- Has your company established greenhouse gas emission reduction targets related to climate change mitigation and adaptation? If so, disclose these targets in absolute values, either in tonnes of CO2 equivalent or as a percentage of emissions from a base year, and include intensity values where applicable.
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Question Id: E1-4_09
Yes, the company has established greenhouse gas emission reduction targets. 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: 90%