Orsted
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
Tags Tree
- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
- 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.
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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 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%