Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 a
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- Provide an explanation of how your company's greenhouse gas emission reduction targets align with the objective of limiting global warming to 1.5°C, as stipulated by the Paris Agreement, in accordance with Disclosure Requirement E1-1 regarding the transition plan for climate change mitigation.
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Question Id: E1-1_02
Ørsted's transition plan outlines the company's overall pathway to achieving net-zero emissions by 2040, aligned with the 1.5 °C goal of the Paris Agreement. The plan is substantiated by science-based targets, includes key decarbonisation levers, and identifies strategic actions that have driven the transformation of our business model towards renewable energy and will continue to shape our ongoing transition.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed disclosure of biogenic emissions of CO2 resulting from the combustion or bio-degradation of biomass, ensuring these emissions are reported separately from the gross Scope 1 GHG emissions. Additionally, include emissions of other greenhouse gases, specifically CH4 and N2O, as part of this disclosure. This requirement is in accordance with Disclosure Requirement E1-9, which pertains to the anticipated financial effects from material physical and transition risks and potential climate-related opportunities. Note that a quantification of financial effects from opportunities is not mandatory if it does not align with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B.
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Question Id: E1-6_17
Direct biogenic carbon emissions are 4,598,412 tonnes CO2e. Indirect biogenic carbon emissions are 27,852 tonnes CO2e.
Report Date: 4Q2024Relevance: 20%