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 description of the processes utilized to identify and assess material climate-related impacts, risks, and opportunities. Specifically, outline the procedures concerning climate-related transition risks and opportunities within your own operations and throughout the upstream and downstream value chain.
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Question Id: E1.IRO-1_09
Transition risks stem from a shift to a low-carbon economy and encompass factors such as new regulations, technological innovation, changing market dynamics, and shifting consumer preferences. Over the past decades, we have effectively mitigated these risks by transforming our business model from fossil fuels to renewable energy, aligning our operations with a 1.5 °C climate trajectory.
Report Date: 4Q2024Relevance: 60%