Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 g
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- Is the undertaking excluded from the EU Paris-aligned Benchmarks as part of the Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation?
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Question Id: E1-1_12
As of 31 December 2024, we are not excluded from Paris-aligned Benchmark (PAB), providing further evidence for the successful transition away from fossil fuels.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed reconciliation of the net revenue figures used to calculate GHG intensity, ensuring alignment with the corresponding line items or notes in the financial statements, as stipulated by paragraph 55. This disclosure should reflect the anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities, unless such quantification fails to meet the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B.
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Question Id: E1-6_35
GHG intensity based on energy generation is calculated as the total scope 1, 2 (market-based), and scope 3 (excluding gas sales) emissions divided by total heat and power generation. The calculation of GHG intensity based on net revenue divides the total scope 1-3 GHG emissions (numerator) with the total net revenue as shown in the financial statements (denominator).
Report Date: 4Q2024Relevance: 10%