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%
- Has your company established greenhouse gas (GHG) emission reduction targets, and if so, can you disclose these targets in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to the emissions of a base year? Additionally, where applicable, provide these targets in intensity value.
-
Question Id: E1-4_13
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%