Orsted
ESRS disclosure: ESRS E3 \ DR E3-5 \ Paragraph 33 a
Tags Tree
- Provide a detailed disclosure of the anticipated financial effects, expressed in monetary terms, stemming from material risks and opportunities associated with water and marine resources-related impacts. This disclosure should be made prior to considering any actions related to water and marine resources. If quantification is not feasible without incurring undue cost or effort, furnish qualitative information instead. For financial effects arising from opportunities, quantification is not mandatory if it would lead to a disclosure that fails to meet the qualitative characteristics of information as outlined in ESRS 1 Appendix B.
-
Question Id: E3-5_01
We have outlined all the disclosure requirements in the topical standards ESRS ‘E2 Pollution’, ESRS ‘E3 Water and marine resources’, and ESRS ‘S4 Consumers and end-users’, as these topics were deemed immaterial in our DMA. For ESRS E2 and ESRS E3, we identified and assessed impacts, risks, and opportunities following the same methodology and process steps as for the topics deemed material. This was informed by environmental impact assessments, risk registers, reported data, and other documentation, such as asset-specific conditions for management of pollution and water imposed by local authorities, which is particularly relevant for our CHP plants. However, none of the identified IROs were assessed as material for these two topics due to the high minimum environmental requirements imposed by authorities in the countries where we operate our assets.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed disclosure of the anticipated financial effects stemming from material risks and opportunities associated with water and marine resources-related impacts. This disclosure should include a quantification of these financial effects in monetary terms, prior to considering any water and marine resources-related actions. If quantification is not feasible without incurring undue cost or effort, furnish qualitative information instead. For financial effects arising from opportunities, quantification is not mandatory if it would lead to a disclosure that fails to meet the qualitative characteristics of information as outlined in ESRS 1 Appendix B.
-
Question Id: E3-5_02
We have outlined all the disclosure requirements in the topical standards ESRS ‘E2 Pollution’, ESRS ‘E3 Water and marine resources’, and ESRS ‘S4 Consumers and end-users’, as these topics were deemed immaterial in our DMA. For ESRS E2 and ESRS E3, we identified and assessed impacts, risks, and opportunities following the same methodology and process steps as for the topics deemed material. This was informed by environmental impact assessments, risk registers, reported data, and other documentation, such as asset-specific conditions for management of pollution and water imposed by local authorities, which is particularly relevant for our CHP plants. However, none of the identified IROs were assessed as material for these two topics due to the high minimum environmental requirements imposed by authorities in the countries where we operate our assets.
Report Date: 4Q2024Relevance: 50%