Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
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- 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.
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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%
- Provide the percentage of energy consumption derived from fossil sources within your total energy consumption, as stipulated under Disclosure Requirement E1-9. This information should align with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. If applicable, present this data using the tabular format specified for high climate impact sectors, omitting rows (1) to (5) for other sectors.
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Question Id: E1-5_15
The percentage of energy consumption derived from fossil sources is 15% in 2024.
Report Date: 4Q2024Relevance: 50%