Orsted
ESRS disclosure: ESRS E1 \ DR E1.GOV-3 \ Paragraph 13
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- Provide a detailed account of whether and how climate-related considerations are integrated into the remuneration structures for members of the administrative, management, and supervisory bodies. Include an assessment of whether their performance is evaluated against the GHG emission reduction targets as outlined in Disclosure Requirement E1-4. Additionally, specify the percentage of remuneration for the current period that is associated with climate-related considerations, and elucidate the nature of these climate considerations.
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Question Id: E1.GOV-3_01
Incorporating climate-related considerations into the executive remuneration framework ensures that incentives are aligned with both financial performance and climate objectives. A portion of executive remuneration is linked to climate-specific considerations, including scope 1-2 emissions intensity target. The proportion of recognised remuneration linked to these climate-specific considerations was 1.9% for the CEO, with corresponding figures for the Executive Board as follows: 1.6% for the CCO, 1.4% for the CFO, and 1.5% for the Chief HR Officer. Further details on the methodology, including how climate-related performance is factored into remuneration, can be found in our remuneration report.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed explanation of how climate-related considerations are integrated into the remuneration structures for members of the administrative, management, and supervisory bodies. Specify whether their performance evaluations include assessments against the GHG emission reduction targets as outlined in Disclosure Requirement E1-4. Additionally, indicate the percentage of current period remuneration linked to these climate-related considerations and describe the specific climate considerations involved.
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Question Id: E1.GOV-3_03
Incorporating climate-related considerations into the executive remuneration framework ensures that incentives are aligned with both financial performance and climate objectives. A portion of executive remuneration is linked to climate-specific considerations, including scope 1-2 emissions intensity target. The proportion of recognised remuneration linked to these climate-specific considerations was 1.9% for the CEO, with corresponding figures for the Executive Board as follows: 1.6% for the CCO, 1.4% for the CFO, and 1.5% for the Chief HR Officer. Further details on the methodology, including how climate-related performance is factored into remuneration, can be found in our remuneration report.
Report Date: 4Q2024Relevance: 85%