Orsted
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 i
Tags Tree
- Has the transition plan for climate change mitigation been approved by the administrative, management, and supervisory bodies?
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Question Id: E1-1_14
Governance and oversight of the transition plan: Matters related to the transition plan are addressed within our sustainability governance framework. The elements of our transition plan are fully disclosed in our annual report, which is presented to shareholders for approval at the annual general meeting (AGM), providing them with an opportunity to offer feedback.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking established GHG emission reduction targets that are science-based and aligned with the objective of limiting global warming to 1.5°C? Specify the framework and methodology utilized to determine these targets, including whether they follow a sectoral decarbonisation pathway. Detail the underlying climate and policy scenarios, and confirm if the targets have undergone external assurance. Additionally, provide a concise explanation of how future developments, such as changes in sales volumes, shifts in customer preferences and demand, regulatory factors, and new technologies, have been considered in setting these targets and their potential impact on both GHG emissions and emissions reductions.
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Question Id: E1-4_22
In 2021, we became the first energy company to set a science-based net-zero target covering scope 1-3 emissions by 2040. Since then, we have made measurable progress and remain on track to meet our near-term scope 1-2 emissions intensity target. The SBTi’s target validation team classified the ambition of these targets across scopes 1-3 as aligned with a 1.5 °C trajectory, reflecting alignment with the most ambitious goal of the Paris Agreement.
Report Date: 4Q2024Relevance: 80%