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 the undertaking established GHG emission reduction targets, and if so, provide the absolute value of market-based Scope 2 Greenhouse gas emissions reduction, expressed either in tonnes of CO2eq or as a percentage relative to a base year, and include intensity values where applicable, in accordance with Disclosure Requirement E1-4 and ESRS 2 MDR-T?
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Question Id: E1-4_12
Yes, the undertaking has established GHG emission reduction targets. The market-based Scope 2 Greenhouse gas emissions reduction target is 1 g CO2e/kWh, with a 99% reduction by 2040 from the 2018 baseline.
Report Date: 4Q2024Relevance: 85%