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%
- Provide an explanation of how significant capital expenditures (CapEx) and operational expenditures (OpEx) required to implement actions related to biodiversity and ecosystems are associated with relevant line items or notes in the financial statements, as per Disclosure Requirement E4-6 concerning anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities.
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Question Id: E4-3_05
During our DMA, we concluded that we have material impacts on biodiversity, which happen during the construction phase of our projects. Therefore, the data presented in this table represents material sites with construction activities in 2024 where overlaps are present. The biodiversity data covers offshore and onshore wind farms and solar farms as well as their cable routes within the buffer zones.
Report Date: 4Q2024Relevance: 45%