Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 c
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- Provide a detailed account of the resilience of your strategy and business model concerning biodiversity and ecosystems. Include a comprehensive description of the key assumptions made in this context.
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Question Id: E4-1_03
We have not identified any material dependencies on biodiversity and ecosystems, although soil stability at our sites constitutes the most significant dependency. Regarding our transitional and physical risks, we have mapped out our exposure and have not found significant risks from biodiversity and ecosystems that are not already covered in our mitigation processes and biodiversity action plans. Additionally, we have not identified any systemic risks to our business model that are not addressed through our established practices or the implementation of measures to reach our biodiversity ambition.
Report Date: 4Q2024Relevance: 70%
- Does the policy related to biodiversity and ecosystems, when referencing third-party standards of conduct, utilize a standard that is developed or maintained through a process of ongoing consultation with stakeholders? This should include balanced input from all relevant stakeholder groups, such as producers, traders, processors, financiers, local people and communities, indigenous peoples, and civil society organizations representing consumer, environmental, and social interests, ensuring that no group holds undue authority or veto power over the content.
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Question Id: E4-2_13
Similar to the development of our biodiversity projects (see key actions below), 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%