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%
- Has your company defined short-, medium-, and long-term time horizons in relation to anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities? Additionally, explain how these definitions are linked to the expected lifetime of your assets, strategic planning horizons, and capital allocation plans, in accordance with the processes to identify and assess material climate-related impacts, risks, and opportunities.
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Question Id: E1.IRO-1_05
For the purposes of meeting financial materiality assessment requirements, we have also considered the following time horizons: short term (covering the current reporting year and the next year), medium term (from the end of the short-term period to five years), and long term (more than five years). Applying these horizons did not lead to any changes in the results of the assessment.
Report Date: 4Q2024Relevance: 60%