Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 d
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- 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.
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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: 4Q2024Relevance: 85%
- Provide a comprehensive disclosure of the company's total greenhouse gas emissions, categorized under Scopes 1, 2, and 3, in accordance with both financial and operational control frameworks. Present this data in a tabular format, ensuring clarity and precision in the representation of each scope's contribution to the overall emissions profile.
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Question Id: E1-6_02
Scope GHG Emissions (tonnes CO2e) Scope 1 733,299 Scope 2 (location-based) 56,925 Scope 2 (market-based) 875 Scope 3 9,043,386 Total GHG emissions (location-based) 9,835,610 Total GHG emissions (market-based) 9,777,560 Report Date: 4Q2024Relevance: 90%