Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-4 \ Paragraph 34 b
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- Provide a detailed explanation of how your organization ensures the consistency of its greenhouse gas (GHG) emission reduction targets with the established GHG inventory boundaries. This should include a disclosure of targets for Scope 1, 2, and 3 GHG emissions, whether reported separately or combined. If targets are combined, specify which GHG emission scopes are covered, the proportion related to each scope, and the specific GHGs included. Confirm that these targets are gross targets, excluding GHG removals, carbon credits, or avoided emissions as methods to achieve the reduction targets, in accordance with Disclosure Requirement E1-6.
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Question Id: E1-4_18
In 2021, the organization set a science-based net-zero target covering scope 1-3 emissions by 2040. The SBTi validated the interim 2030 targets, classifying them as aligned with a 1.5 °C trajectory. The targets outline a clear pathway to reducing emissions across the value chain, including a cap on emissions from natural gas sales. The organization is committed to leading the energy transition towards a net-zero future.
Report Date: 4Q2024Relevance: 60%