Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 i
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- Has the transition plan for climate change mitigation been approved by the administrative, management, and supervisory bodies?
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Question Id: E1-1_14
Governance and oversight of the transition plan: Matters related to the transition plan are addressed within our sustainability governance framework. The elements of our transition plan are fully disclosed in our annual report, which is presented to shareholders for approval at the annual general meeting (AGM), providing them with an opportunity to offer feedback.
Report Date: 4Q2024Relevance: 60%
- Does the undertaking's process for identifying and assessing material climate-related impacts, risks, and opportunities include an explanation of whether and how the identification of climate-related hazards and the assessment of exposure and sensitivity are informed by high emissions climate scenarios, such as those based on IPCC SSP5-8.5, relevant regional climate projections, or NGFS climate scenarios with high physical risk like "Hot house world" or "Too little, too late"?
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Question Id: E1.IRO-1_07
Our physical climate risk assessment analyses data based on the remaining operational lifetimes of our assets, which extend up to 35 years. This period is considered medium term in climate projections, as significant climate changes are not typically observed in the short term.
Report Date: 4Q2024Relevance: 50%