Orsted
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 e
Tags Tree
- Provide a detailed explanation of any objectives or plans related to capital expenditures (CapEx), capital expenditure plans (CapEx plans), and operational expenditures (OpEx) that your undertaking has formulated to align its economic activities, including revenues, CapEx, and OpEx, with the criteria set forth in Commission Delegated Regulation 2021/2139, as required under Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation.
-
Question Id: E1-1_08
Capital alignment with climate goals: Since the entry into force of the EU Climate Delegated Act, 99% of Ørsted’s capital expenditures (CAPEX) have been allocated to activities classified as sustainable. For 2024, these expenditures include DKK 37,867 million for the deployment of offshore and onshore wind capacity, DKK 6,097 million for the deployment of solar PV and energy storage technologies, and DKK 2,836 million for hydrogen, carbon capture and storage, and bioenergy activities.
Report Date: 4Q2024Relevance: 85%
- Has the undertaking set GHG emission reduction targets, and if so, what is the current base year and baseline value? Additionally, from 2030 onwards, has the undertaking updated the base year for its GHG emission reduction targets every five years? Furthermore, is there any past progress made in meeting these targets before the current base year, and is this information consistent with the requirements of this Standard?
-
Question Id: E1-4_19
Yes, the undertaking has set GHG emission reduction targets. The current base year is 2018, and the baseline value for Scope 1-2 GHG emissions intensity is 136 g CO2e/kWh. The baseline value for Scope 3 GHG emissions from gas sales is 24 Mt CO2e. The table does not provide information on updating the base year every five years from 2030 onwards or past progress before the current base year.
Report Date: 4Q2024Relevance: 65%