Orsted
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 account of the reporting boundaries considered and the calculation methods employed for estimating Scope 3 greenhouse gas (GHG) emissions. Specify the calculation tools utilized, if any, for each significant Scope 3 GHG category, ensuring consistency with the Greenhouse Gas Protocol (GHGP) guidelines.
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Question Id: E1-6_29
Use of sold products (category 11) emissions from end-use of gas. Capital goods (category 2) wind farms, offshore. The model is based on the ISO 14040/44 life cycle assessment standard and applied in the openLCA software. The modeling is conducted using the Environmental Footprint 3.0 LCIA (life cycle impact assessment) method, and the impacts of each activity/material come from the ecoinvent environmental database, version 3.8.
Report Date: 4Q2024Relevance: 80%