Orsted
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 b
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- Provide a detailed account of the decarbonisation levers identified and the key actions planned within your transition plan for climate change mitigation. This should include references to your GHG emission reduction targets and climate change mitigation actions, as specified in Disclosure Requirements E1-4 and E1-3. Additionally, elucidate any changes anticipated in your product and service portfolio, as well as the adoption of new technologies within your operations or across the upstream and/or downstream value chain.
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Question Id: E1-1_03
Ørsted's transition plan includes key decarbonisation levers and identifies strategic actions that have driven the transformation of the business model towards renewable energy. The plan supports broader policy priorities, including the European Union’s 2050 climate neutrality goals. Ørsted targets reductions in scope 1 and 2 GHG emissions. In 2024, they closed Esbjerg Power Station, their last coal-fired CHP plant, advancing decarbonisation efforts. They aim for a 93% reduction in scope 1 and 2 GHG emissions intensity by 2025 and progress towards a 96% reduction by 2030. The interim scope 1-3 GHG emissions intensity target outlines a reduction trajectory of ~77% by 2030. Ørsted is also focusing on renewable energy capacity growth and the phase-out of coal, with a target to meet their 2025 target of a 99% share of energy generation coming from renewables.
Report Date: 4Q2024Relevance: 85%
- Provide the total greenhouse gas (GHG) emissions, as stipulated in Disclosure Requirement E1-6, encompassing Gross Scopes 1, 2, and 3. Ensure the disclosure includes the sum of Scope 1, 2, and 3 GHG emissions as outlined in paragraphs 44 (a) to (c). Additionally, disaggregate the total GHG emissions to distinctly identify those derived from Scope 2 emissions measured using the market-based method.
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Question Id: E1-6_13
The total GHG emissions (market-based) are 9,777,560 metric tonnes of CO2 equivalent. This includes:
- Scope 1: 733,299 tonnes CO2e
- Scope 2 (market-based): 875 tonnes CO2e
- Scope 3: 9,043,386 tonnes CO2e
Report Date: 4Q2024Relevance: 50%