Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 g
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- Is the undertaking excluded from the EU Paris-aligned Benchmarks as part of the Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation?
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Question Id: E1-1_12
As of 31 December 2024, we are not excluded from Paris-aligned Benchmark (PAB), providing further evidence for the successful transition away from fossil fuels.
Report Date: 4Q2024Relevance: 90%
- Has the undertaking considered a diverse range of climate scenarios, including at least one scenario compatible with limiting global warming to 1.5°C, to identify relevant environmental, societal, technology, market, and policy-related developments and determine its decarbonisation levers, as required under Disclosure Requirement E1-4? Additionally, if applicable, provide an explanation of the anticipated financial effects from material physical and transition risks and potential climate-related opportunities as outlined in Disclosure Requirement E1-9, ensuring that the disclosure aligns with the qualitative characteristics of useful information as specified in ESRS 1 Appendix B.
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Question Id: E1-4_24
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: 60%