Orsted
ESRS disclosure: ESRS E3 \ DR E3-5
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- 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.
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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.
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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%
- Provide a detailed account of the anticipated financial effects arising from material risks and opportunities related to water and marine resources. Include a description of the effects considered, the associated impacts and dependencies, and the time horizons within which they are expected to materialize.
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Question Id: E3-5_03
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 account of the critical assumptions utilized in estimating the financial impacts of significant risks and opportunities related to water and marine resources. Include the sources and degree of uncertainty associated with these assumptions.
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Question Id: E3-5_04
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 description of the products and services within your organization that are at risk due to material water and marine resources-related factors. Include an assessment of these risks over the short-, medium-, and long-term. Explain the criteria used to define these products and services, the methodology for estimating financial impacts, and any critical assumptions underlying these estimations.
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Question Id: E3-5_05
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: 60%
- Provide a detailed explanation of how your organization defines time horizons and estimates financial amounts concerning material water and marine resources-related risks and opportunities. Include an assessment of related products and services at risk over the short-, medium-, and long-term, specifying the critical assumptions made.
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Question Id: E3-5_06
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%