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 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.
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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: 4Q2024Relevance: 90%