Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 15
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- Provide the transition plan detailing how the business model and strategy will be aligned with the Kunming-Montreal Global Biodiversity Framework, the EU Biodiversity Strategy for 2030, and the planetary boundaries concerning biosphere integrity and land-system change.
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Question Id: E4-1_07
Transitioning away from fossil fuels to renewable energy is fundamental to solving the biodiversity crisis, as climate change is a main driver of biodiversity loss. The space required for the renewable energy transition is significant, and, with a nature in crisis, it is vital that we make sure our energy projects benefit nature. In 2024, we continued taking action to deliver on our ambition to achieve a net-positive biodiversity impact from all new renewable energy projects from 2030.
Report Date: 4Q2024Relevance: 50%
- Does the company's transition plan incorporate biodiversity offsets, and if so, where are these offsets intended to be utilized, what is their extent in relation to the overall transition plan, and has the mitigation hierarchy been considered?
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Question Id: E4-1_14
Biodiversity management is an integral part of our business model and decision-making processes throughout the full life cycle of our projects. This ranges from early-stage site selection and planning, over project design, construction, operations, and eventually to decommissioning.
Report Date: 4Q2024Relevance: 40%