Has the undertaking conducted a screening to determine if its assets and business activities are potentially exposed to transition events, as part of the process to identify and assess material climate-related impacts, risks, and opportunities? Please provide an explanation of whether and how transition events have been identified over the short-, medium-, and long-term, considering that long-term may extend beyond 10 years and align with climate-related public policy goals.

Question

Accepted Answer

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.

Orsted

ESRS disclosure: E1.IRO-1_11

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