Orsted EU Taxonomy disclosure

ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 d

Selected: 0

Provide a qualitative assessment of the potential locked-in greenhouse gas (GHG) emissions from your company's key assets and products. Explain whether and how these emissions could jeopardize the achievement of your GHG emission reduction targets and contribute to transition risk. Additionally, if applicable, describe your company's plans to manage its GHG-intensive and energy-intensive assets and products.
Question Id: E1-1_07
We recognise the importance of tackling the impacts of our legacy business, as locked-in emissions pose a significant transition challenge if left unaddressed. To guide progress toward our net-zero goals, we have set an absolute emissions reduction target for scope 3 emissions from gas sales, aiming to reduce emissions by ~67% by 2030 (baseline 2018) and by ~90% by 2040. To mitigate potential risks associated with locked-in emissions, we focus on measurable performance and avoiding additional locked-in emissions by not entering into new gas sourcing agreements that would contribute to additional locked-in emissions.

Report Date: 4Q2024

#ESRS E1 #DR E1-1 #Paragraph 16 d

Relevance: 85%

Provide the total greenhouse gas emissions, expressed in metric tonnes of CO2 equivalent, for Gross Scopes 1, 2, and 3, as well as the overall total GHG emissions, in accordance with Disclosure Requirement E1-6.
Question Id: E1-6_01
The total greenhouse gas emissions for 2024 are as follows:
- Gross Scope 1: 733,299 tonnes CO2e
- Gross Scope 2 (location-based): 56,925 tonnes CO2e
- Gross Scope 2 (market-based): 875 tonnes CO2e
- Gross Scope 3: 9,043,386 tonnes CO2e
- Total GHG emissions (location-based): 9,835,610 tonnes CO2e
- Total GHG emissions (market-based): 9,777,560 tonnes CO2e
Report Date: 4Q2024

#ESRS E1 #DR E1-6 #Paragraph 44

Relevance: 90%