Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 f
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- Provide a detailed account of how your organization's strategy and business model demonstrate resilience concerning biodiversity and ecosystems. Include in your response the extent of stakeholder involvement, particularly highlighting the participation of indigenous and local knowledge holders where applicable.
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Question Id: E4-1_06
Interests of key stakeholders: Similar to the development of our biodiversity projects, we have also included key stakeholder concerns and interests into the scope of our biodiversity policy. For example, local communities, NGOs, and academia are included in the stakeholder engagement steps during the various phases of an asset’s life cycle.
Report Date: 4Q2024Relevance: 60%
- Does your company disclose whether the third-party standard of conduct referenced in your biodiversity and ecosystem policies is both objective and achievable, utilizing a scientific approach to identify issues, and realistic in evaluating how these issues can be addressed under diverse practical circumstances?
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Question Id: E4-2_12
Accountability of the policy lies with the Chief Commercial Officer (CCO). To ensure that our policy is implemented and taken into account across our business, the policy includes an overview of the governance structure to support its implementation as well as specific third-party standards that support our work, e.g. the EU taxonomy for sustainable economic activities.
Report Date: 4Q2024Relevance: 35%